Last Updated: Tuesday, March 19, 2013, 23:27
But it warned that banks are unlikely to lower lending rates immediately as deposit growth is weak and the cost of borrowings remains high.
Last Updated: Tuesday, March 19, 2013, 09:25
For the second time in 2013, the Reserve Bank of India on Tuesday cut policy rates by 0.25 percent, a move that will make loans cheaper.
Last Updated: Monday, March 18, 2013, 23:11
Lingering inflation pressures and the still wide current account deficit limits the scope of RBI to ease monetary policy, experts believe.
Last Updated: Monday, March 18, 2013, 19:41
In the previous review announced Jan 29 this year, the RBI had lowered all the key policy rates by 0.25 percent.
Last Updated: Sunday, March 17, 2013, 13:37
However, overall inflation increased marginally to 6.84 percent in February driven by costlier food items and petrol.
Last Updated: Sunday, March 17, 2013, 12:08
Even if RBI cuts rates on Tuesday, the tone of monetary policy guidance is unlikely to change significantly, they said, adding that policy guidance is likely to be "cautious".
Last Updated: Thursday, March 14, 2013, 23:07
Data for February released earlier in the day said inflation increased marginally to 6.84 percent from 6.62 percent in January, driven by costlier food items and petrol.
Last Updated: Friday, March 8, 2013, 19:28
RBI is slated to announce its mid-quarter policy review on March 19.
Last Updated: Friday, March 8, 2013, 15:50
Ahead of the Reserve Bank's review of monetary policy on March 19, Prime Minister's Economic Advisory Council (PMEAC) Chairman C Rangarajan on Friday said policy rate cuts by the central bank will depend on inflation movement, among other factors.
Last Updated: Sunday, March 3, 2013, 15:47
Pitching for easy monetary policy in the upcoming review, Finance Minister P Chidambaram Sunday said that if RBI cuts rates it will help economy to grow at a higher rate of 6.5 percent in the next fiscal.
Last Updated: Monday, January 28, 2013, 23:33
RBI Monday spoke of difficulties in effecting an interest rate cut as it kept its option open in its quarterly monetary policy tomorrow citing high inflation and widening current account deficit as big constraints inhibiting it.
Last Updated: Monday, January 28, 2013, 18:41
The Reserve Bank of India Monday said recent reforms have reduced the immediate risks for the economy but emphasised on the need for more measures to restore investor confidence.
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