RBI credit policy: Key Highlights

Last Updated: Tuesday, April 7, 2015, 12:03

Highlights of RBI's first bi-monthly monetary policy statement, 2015-16.

RBI credit policy: Rajan offers no respite to borrowers, keeps interest rates unchanged

Last Updated: Tuesday, April 7, 2015, 11:56

Reserve Bank Governor Raghuram Rajan on Tuesday kept policy rate unchanged awaiting clarity on impact of unseasonal rains on food inflation even as he wanted banks to pass on benefits of previous two rate cuts.

No EMI relief for borrowers as RBI keeps interest rates unchanged

Last Updated: Tuesday, April 7, 2015, 08:38

Reserve Bank on Tuesday left interest rate unchanged in its annual monetary policy due to increased food prices after unseasonable rains in various parts of the country.

India Inc pitches for rate cut; RBI may not oblige

Last Updated: Monday, April 6, 2015, 20:38

India Inc has pitched for rate cut to boost economic activities, but the Reserve Bank may not oblige in its annual policy Tuesday as unseasonal rain may adversely impact food inflation in the coming months.

RBI credit policy today; interest rates unlikely to be lowered

Last Updated: Monday, April 6, 2015, 15:57

Reserve Bank is expected to leave the repo rate unchanged during its annual monetary policy on Tuesday due to increased food prices after unseasonable rains in various parts of the country.

RBI to talk to banks about passing rate cut benefits to customers

Last Updated: Friday, March 20, 2015, 12:12

The central bank plans to talk with lenders about passing on interest rate cuts through lower lending rates, Reserve Bank of India Deputy Governor S.S. Mundra said on Friday.

RBI to hold rates on April 7, ease gradually after that: Reuters poll

Last Updated: Monday, March 9, 2015, 16:29

The Reserve Bank of India (RBI) will lower interest rates further over the coming year but only gradually, wary that subdued inflation may pick up again, according to economists polled by Reuters, who gave only a one-in-three chance it would act again in April.

State Bank of Travancore cuts base rate to 10.15 per cent

Last Updated: Monday, March 9, 2015, 14:17

State Bank of Travancore (SBT) today became the first bank to cut benchmark lending rate, or base rate, by 0.1 percent to 10.15 percent, almost a week after RBI slashed policy rate by 0.25 percent.

Policy rates have touched neutral, no cuts till 2017: Nomura

Last Updated: Friday, March 6, 2015, 15:50

With the second surprise 25 bps repo rate cut by the Reserve Bank on March 4, the policy rates have reached neutral and the average policy rate over the next three years should be around 7.4 per cent, says a report.

Nomura says policy rates touch neutral, sees no cuts till 2017

Last Updated: Friday, March 6, 2015, 15:02

With the second surprise 25 bps repo rate cut by the Reserve Bank on March 4, the policy rates have reached neutral and the average policy rate over the next three years should be around 7.4 percent, says a report.

Rajan says sorry for "misleading" comments he never made!

Last Updated: Wednesday, March 4, 2015, 21:44

In a gesture rarely found among newsmakers, RBI Governor Raghuram Rajan Wednesday said "sorry" for a "misleading" comment that he never made with regard to the central bank's stance on interest rates.

Bankers hint at lowering lending rates

Last Updated: Wednesday, March 4, 2015, 19:48

After RBI's second surprise rate cut in as many months, bankers on Wednesday hinted at lowering lending rates, but stressed monetary policy gets transmitted with a lag.