Weak inflation gives RBI elbow room to cut rates: Experts

Last Updated: Tuesday, September 15, 2015, 13:33

Weak inflation figures in India have provided "elbow room" to the Reserve Bank to lower rates by 25 bps this month, say global brokerages.

Banks need to urgently reduce stressed assets: RBI deputy Governor

Last Updated: Tuesday, September 15, 2015, 10:39

His comments come as the central bank has been pushing banks to reduce the amount of their non-performing assets and start lending again.

RBI cancels Sahara India Financial Corp's NBFC registration

Last Updated: Monday, September 14, 2015, 21:49

In a fresh jolt to Saharas, Reserve Bank has cancelled Sahara India Financial Corporation's certificate of registration as NBFC.

Foreign investors allowed to buy upto 40% in Maruti Suzuki

Last Updated: Monday, September 14, 2015, 21:36

The Reserve Bank has allowed foreign investors to invest up to 40 percent of the paid up capital in Maruti Suzuki under the Portfolio Investment Scheme.

RBI to cut rates irrespective of Fed moves: Ind Ra

Last Updated: Monday, September 14, 2015, 19:17

RBI will consider slashing repo rate by 0.25 percent in its upcoming policy meet, irrespective of a rate hike by US Federal Reserve, Ind-Ra said Monday.

Sensex rebounds 246 points on rate cut hopes to end at 2-week high

Last Updated: Monday, September 14, 2015, 17:00

Buoyed by renewed hopes of a policy rate cut, the BSE Sensex Monday made a spirited comeback, gaining over 246 points to close at 25,856.70 .

August WPI inflation dips to historic (-)4.95%, pressure on RBI to cut rate

Last Updated: Monday, September 14, 2015, 13:04

The Wholesale Price Index-based inflation was (-)4.05 percent in July. It has been in the negative zone since November 2014. In August 2014, inflation was 3.85 percent.

Cooling inflation to fuel calls for lower interest rates

Last Updated: Monday, September 14, 2015, 08:10

With price pressures at record lows, expectations are building that the RBI will lower borrowing costs by at least 25 basis points (bps) at its next policy review on September 29, after three cuts earlier this year.

Jayant Sinha pitches for lower rates, making exports more competitive

Last Updated: Sunday, September 13, 2015, 13:16

He also stressed on the need to make the Indian exports more competitive by bringing down the cost of capital as also the cost of manufacturing.

Rupee and reserves to remain restless: Experts

Last Updated: Saturday, September 12, 2015, 18:15

The US Fed will decided on whether or not to raise interest rates in its Federal Open Market Committee (FOMC) slated for September 16-17.

RBI consultant Gangadhar Darbha passes away in office

Last Updated: Friday, September 11, 2015, 23:12

Algorithmic trade specialist Gangadhar Darbha, who joined RBI as a consultant only last week, passed away Friday following cardiac arrest while at work at the central bank's headquarters here.

IIP July output grows 4.2%; India Inc pitches for rate cut

Last Updated: Friday, September 11, 2015, 23:09

With industrial output growing at 4.2 percent in July, India Inc Friday said it indicates a revival in industrial activity and reiterated the demand for a rate cut by the RBI to provide a fillip to industrial growth.