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  • india inc wants rbi to cut repo rate by 0.5

    India Inc wants RBI to cut repo rate by 0.5%

    March 30, 2014 18:57 IST

    New Delhi:  Reeling under the double whammy of a slowing economy and the high cost of credit, India Inc wants the Reserve Bank to cut the key interest rate in its upcoming monetary policy. Industry's demand

  • bankers rule out rate cuts as rbi keeps key rates unchanged

    Bankers rule out rate cuts as RBI keeps key rates unchanged

    December 18, 2013 23:45 IST

    Mumbai: Bankers today ruled out a reduction in interest rates even as the Reserve Bank kept key policy rates on hold.Bank of India Chairperson V R Iyer said there was no room for cutting lending

  • rupee depreciates another 8 paise to 62.09 against dollar

    Rupee depreciates another 8 paise to 62.09 against dollar

    December 18, 2013 18:25 IST

    Mumbai: The rupee surrendered initial gains and fell for the second day, losing eight paise to 62.09 against the dollar today as concerns about the US Federal Reserve tapering its stimulus programme outweighed the RBI's

  • rbi likely to raise repo rate by 0.25 per cent to tame

    RBI likely to raise repo rate by 0.25 per cent to tame inflation

    December 17, 2013 22:18 IST

    New Delhi: With food prices showing no signs of abatement, the Reserve Bank is likely to hike its key policy rate by 0.25 percent Wednesday, the third straight increase under Governor Raghuram Rajan as part

  • no single data point to determine rbi s next move says

    No single data point to determine RBI's next move, says Raghuram Rajan

    November 16, 2013 20:37 IST

    New Delhi: Reserve Bank Governor Raghuram Rajan today said no single data point will determine the central bank's next move on curtailing high inflation amidst a weak economy, even as he hoped that a good

  • double digit retail inflation back with oct figure at 10.09

    Double-digit retail inflation back with Oct figure at 10.09 pc

    November 12, 2013 19:06 IST

    New Delhi: Costlier vegetables and fruits, such as onions and tomatoes, drove retail inflation to 10.09 per cent in October, entering double digits after seven months.Inflation as measured by the consumer price index (CPI) was

  • sbi raises fixed deposit rate by 0.2 on select maturity

    SBI raises fixed deposit rate by 0.2% on select maturity

    October 31, 2013 17:04 IST

    New Delhi: Days after RBI hiked short-term lending (repo) rate by 0.25 percent, State Bank of India (SBI) on Thursday raised fixed deposit rate by 0.2 percent on select maturity.With the revision, term deposit between

  • inflation demon back to hound indian policymakers

    Inflation demon back to hound Indian policymakers

    September 22, 2013 16:45 IST

    New Delhi: When Raghuram Rajan moved to Mint Street in Mumbai earlier this month, expectations were high that he would ease the monetary policy to support growth.Contrary to expectations, Rajan hiked the key policy interest

  • lord paul welcomes rbi s decision to hike repo rate

    Lord Paul welcomes RBI's decision to hike repo rate

    September 22, 2013 16:08 IST

    London: Praising the new RBI Governor Raghuram Rajan for “not falling to populism”, leading NRI industrialist Lord Swraj Paul today supported the decision to raise a key interest rate which had disappointed the Indian industry.“I

  • repo rate hike intended to address inflationary pressures

    Repo rate hike intended to address inflationary pressures: Rajan

    September 20, 2013 17:15 IST

    New Delhi: The Reserve Bank of India on Friday said the elevated level of retail inflation is worrisome and leaves no room for complacency, while wholesale price inflation will be higher than initially anticipated for

  • sbi pitches for cut in repo rate crr

    SBI pitches for cut in repo rate, CRR

    January 22, 2013 17:08 IST

    Bhubaneswar, Jan 22: Pitching for a cut in interest rates and cash reserve ratio by the Reserve Bank of India, State Bank of India Chairman Pratip Chaudhuri has said the move will boost investment and

  • sbi to cut lending rates soon

    SBI To Cut Lending Rates Soon

    April 17, 2012 20:41 IST

    Mumbai, Apr 17: The country's largest lender State Bank of India (SBI) today said it will “do a comprehensive cut” in lending rates on various loans following the Reserve Bank's 0.5 per cent reduction in

  • loans to be costlier rbi hikes repo rate by 0.25 pc

    Loans To Be Costlier, RBI Hikes Repo Rate By 0.25 PC

    June 16, 2011 16:09 IST

    Mumbai, June 16 :  Continuing its efforts to check price rise, the Reserve Bank today raised key short-term lending and borrowing rates by 25 basis points for the 10th time since March, 2010, a move