Bank of England holds interest rate at 0.50%

Last Updated: Thursday, August 6, 2015, 19:06

The MPC "voted by a majority of 8-1 to maintain Bank Rate at 0.5 percent", the BoE said.

Rajan favours removing RBI Guv veto power on deciding rates

Last Updated: Tuesday, August 4, 2015, 13:15

He further said that while the details of the monetary policy committee (MPC) will have to be ironed out, "there are no differences between RBI and the government" on this matter.

SBI rules out rate cut in near future

Last Updated: Tuesday, August 4, 2015, 13:11

Top public sector lender SBI today ruled out any interest rate cut for its borrowers, even as the RBI chided banks for not having passed the full benefits of the last three reduction in its policy rate.

Interest on loans not to come down as RBI keeps interest rates unchanged

Last Updated: Tuesday, August 4, 2015, 13:07

RBI in his third bi-monthly policy of the fiscal, left benchmark lending (repo) rate unchanged at 7.25 percent as also the cash reserve ratio (CRR) at 4 percent.

No difference with govt on monetary policy panel: Rajan

Last Updated: Tuesday, August 4, 2015, 11:42

Rajan said that veto power with RBI governor in proposed monetary policy panel will mean no change from current rate setting practice.

Hope to announce 1 set of bank licenses by month-end: Raghuram Rajan

Last Updated: Tuesday, August 4, 2015, 11:28

Rajan said that RBI is talking to the government for medium term framework for FPI limits in debt securities.

RBI expected to stand pat, words weighed for future cuts

Last Updated: Tuesday, August 4, 2015, 04:21

India`s central bank policy review is expected to yield little in the way of action on Tuesday, but its statement will be pored over for clues as to whether there is a chance of another interest rate cut this year.

Interest on loans not to come down as RBI keeps key rates unchanged

Last Updated: Tuesday, August 4, 2015, 00:53

The Reserve Bank of India (RBI) kept its interest rates unchanged at its third bi-monthly monetary policy review on Tuesday.

Finance secretary says doesn't wants to curb RBI's powers

Last Updated: Monday, August 3, 2015, 16:21

Rajiv Mehrishi said it was not right to conclude on the basis of the draft bill that the government was trying to clip the central bank`s wings.

RBI should cut key rates by at least 0.50%, PHD chamber urges

Last Updated: Sunday, August 2, 2015, 13:38

Pointing out that India's real rate of interest has reached a 10-year high, PHD Chamber has exhorted the RBI to slash the benchmark rate by at least 50 basis points in the monetary policy review on Tuesday.

Ahead of policy meet on August 4, Rajan meets Jaitley

Last Updated: Friday, July 31, 2015, 18:53

Ahead of the third bi-monthly monetary policy review on August 4, Reserve Bank Governor Raghuram Rajan on Friday met Finance Minister Arun Jaitley and discussed a wide range of issues.

Capital infusion of Rs 25,000 crore a good beginning: Rajan

Last Updated: Friday, July 31, 2015, 18:36

Reserve Bank Governor Raghuram Rajan on Friday said Rs 25,000 crore of capital infusion planned by the government in public sector banks this fiscal is "adequate and a good beginning".