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  June 02: Top 5 News Headlines you might have missed today

  India | June 02, 2015 21:30 IST

  RBI cuts repo rate by 25 bps, CRR unchangedGiving in to overwhelming demands for an easing of the monetary policy, the Reserve Bank of India (RBI) on Monday lowered its short-term lending rate by 25

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  Know how repo rate cut may reduce your EMI

  June 02, 2015 18:48 IST

  New Delhi: The Reserve Bank of India today slashed its short-term lending rate by 25 basis points in its bi-monthly monetary policy review. After the cut, the repo rate will decline to 7.25 per cent

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  RBI cuts repo rate by 25 bps, CRR unchanged

  June 02, 2015 18:02 IST

  Mumbai: Giving in to overwhelming demands for an easing of the monetary policy, the Reserve Bank of India (RBI) on Monday lowered its short-term lending rate by 25 basis points in a move that could

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  RBI may cut policy rate to spur investment: Bankers

  May 31, 2015 16:56 IST

  New Delhi: RBI is expected to cut its policy rate on Tuesday to prop up economic activity and boost investment as inflation remains low and fiscal deficit has been contained.Deflationary pressure persisted for the sixth

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  Ex-FM Yashwant Sinha welcomes RBI repo rate cut

  March 04, 2015 23:46 IST

  Kolkata: Former Union Finance Minister and senior BJP leader Yashwant Sinha today welcomed the Reserve Bank of India's decision to cut the key policy rate by 25 basis points and described it as a ‘positive

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  SBI to cut interest rate based on evolving circumstances: Arundhati Bhattacharya

  March 04, 2015 14:12 IST

  Mumbai: India's largest mortgage lender State Bank of India (SBI) would decide on reducing its interest rates on the basis of emerging circumstances.Welcoming the Reserve Bank of India (RBI) decision to cut its key lending

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  Rate cut to give boost to economy; EMIs to come down: Jayant Sinha

  March 04, 2015 11:48 IST

  New Delhi: Expecting a near-term boost to economy from RBI's rate cut, Minister of State for Finance Jayant Sinha today said the decision should bring down the loan EMIs significantly and there is room for

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  Sensex breaches 30,000 mark for the first time as RBI cuts repo rate by 25 bps

  March 04, 2015 11:49 IST

  New Delhi: The Reserve Bank of India's surprise interest rate cut sent the market soaring with the Sensex breaching the 30,000 point mark for the first time in its history.The Nifty also crossed 9,100-mark for

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  RBI cuts repo rate by 25 bps

  March 04, 2015 11:07 IST

  New Delhi: Within days of presentation of the Budget, the Reserve Bank today surprised markets by reducing the benchmark interest rate by 0.25 per cent to 7.5 per cent on the back of softening inflation

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  RBI cuts repo rate by 25 bps, EMIs set to fall

  January 15, 2015 17:48 IST

  New Delhi: In a surprise move, the Reserve Bank of India (RBI) today slashed the repo rate by 25 bps to 7.75 per cent with a view to boost growth.Read full statement of Raghuram G

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  No change in EMIs likely as RBI keeps interest rate on hold

  April 01, 2014 15:44 IST

  New Delhi: EMIs for housing and car loans are likely to remain unchanged after the Reserve Bank today maintained the status quo on the key policy rate (repo), as was widely expected, and said there

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  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

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  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

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  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

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  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

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  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

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  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

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  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

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  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

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  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