RBI deregulates rates on NRI deposit, exempts it from CRR, SLR

Last Updated: Wednesday, August 14, 2013, 21:49

In a bid to attract foreign currency, the Reserve Bank Wednesday deregulated interest rates on NRI fixed deposit schemes and exempted such term deposits from CRR and SLR requirement.

BoI says base rate cut not to crimp margins

Last Updated: Sunday, July 14, 2013, 14:07

In spite of the 0.25 percentage point cut in the base rate, state-run Bank of India is confident of meeting its net interest margin (NIM) targets as it expects a pick up in credit and some benefit accruing from a fall in cost of funds, a top official has said.

Banks expect rate cuts in Jul; rule out cut in lending rate

Last Updated: Monday, June 17, 2013, 18:14

Ruling out the possibility of cutting lending rates after Reserve Bank kept key rates unchanged, bankers today said the central bank decision to hold the rates was on expected lines given the troubles on rupee and high current account deficit.

RBI policy review: Highlights

Last Updated: Monday, June 17, 2013, 11:54

Following are the highlights of RBI's mid-quarter monetary policy review:

If RBI can't cut CRR, let them pay us interest on it: SBI

Last Updated: Sunday, June 16, 2013, 20:16

Incidentally, most analysts expect the RBI to hold rates during its mid-quarter monetary policy review.

'RBI may cut repo by 0.25% in June 17 review'

Last Updated: Sunday, June 2, 2013, 14:48

With India's GDP growth slowing down to a decade low, the Reserve Bank of India is likely to cut its key rates by 0.25 percent at policy review meet on June 17, Care Ratings has said.

RBI to use all options, including CRR, to manage liquidity

Last Updated: Monday, May 6, 2013, 23:11

Reserve Bank Governor D Subbarao Monday said the Reserve Bank will consider all options available, including reducing the cash reserve ratio (CRR), to manage liquidity in the system.

RBI unlikely to cut interest rate on June 17: Experts

Last Updated: Sunday, May 5, 2013, 11:11

The Reserve Bank is not likely to go for further monetary easing in its June 17 policy meet due to upside risks on inflation and current account deficit in the near term, experts say.

Only CRR cut can help banks slash lending rates: India Ratings

Last Updated: Thursday, May 2, 2013, 16:23

Banks would find it difficult to pass on the benefits of a rate cut by RBI to borrowers as they continue to feel refinancing pressure, says India Ratings.

NBFCs say RBI likely to leave repo rate unchanged

Last Updated: Tuesday, April 9, 2013, 17:59

Non-banking finance companies on Tuesday said the Reserve Bank is likely to keep its key lending rate intact in the forthcoming monetary policy review, but expect a 0.25 percent reduction in the cash reserve ratio.

Bankers want 0.5% CRR cut in May; more OMOs to ease liquidity

Last Updated: Thursday, April 4, 2013, 22:00

Bankers Thursday sought from RBI 0.5 percent cut in their cash reserve requirement to tide over tight liquidity situation, and to help stem slide in investments.