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.
Last Updated: Monday, August 3, 2015, 23:03
Market Monday remained positive on the back of surge in banking and auto stocks as the benchmark BSE Sensex jumped for the fourth straight session today by 72.50 points to 28,187.06 on hopes of an RBI rate cut tomorrow.
Last Updated: Monday, August 3, 2015, 20:46
Hours before RBI Governor Raghuram Rajan announces third bi-monthly monetary policy of the fiscal, a top Finance Ministry official has said the central bank should not hesitate in cutting interest rate just on inflationary concerns.
Last Updated: Monday, August 3, 2015, 20:38
Bank stocks were in demand Monday, surging up to 9 percent, ahead of RBI's policy review meeting tomorrow and on hopes of an interest rate cut.
Last Updated: Monday, August 3, 2015, 14:56
Most bankers and experts believe that the possibility of an interest rate cut by the Reserve Bank on August 4 is very low as retail inflation remains high.
Last Updated: Monday, August 3, 2015, 12:16
The research firm also said recent global developments also suggest limits to inflation pressure, with the tumbling of global commodity prices, particularly crude oil, on the back of the Iran nuclear deal.
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.
Last Updated: Sunday, August 2, 2015, 11:10
With retail inflation showing no signs of abating, RBI faces tough choice on cutting rate second time this fiscal to meet government and industry expectations of lowering cost of borrowing to boost growth.
Last Updated: Thursday, July 30, 2015, 11:59
A majority of economists also said the tone of this month`s central bank policy statement would be unchanged from June`s.
Last Updated: Tuesday, July 28, 2015, 14:27
Reserve Bank of India is likely to keep the benchmark repo rate unchanged at 7.25 percent in its policy review meet next week, a DBS report says.
Last Updated: Tuesday, July 21, 2015, 19:35
HDFC Bank on Tuesday said the recent rate cuts by the Reserve Bank coupled with the government's efforts to kickstart infrastructure investments, will help drive the sagging credit growth in the industry.
Last Updated: Monday, July 20, 2015, 15:28
"We worry about the dry spell since late June as the bulk of the cropping takes place in July and August," BofA-ML said adding that "rains have slipped to 92 per cent of normal from 116 per cent in June".
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