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.

Time is ripe for up to 1% rate cut by RBI: Arvind Panagariya

Last Updated: Thursday, September 10, 2015, 15:17

Pitching for rate cut by the Reserve Bank, NITI Aayog Vice-Chairman Arvind Panagariya on Thursday said that "time is ripe" for 0.5 percent to 1 percent reduction in benchmark lending rates.

Monetary policy committee under "active" discussion: RBI deputy

Last Updated: Wednesday, September 9, 2015, 20:25

The RBI is holding "active" discussions with the government on the formation of a monetary policy committee that would decide interest rates, a deputy governor of the bank, S.S. Mundra, said on Wednesday.

RBI likely to keep repo rate unchanged: SBI chairman

Last Updated: Friday, August 28, 2015, 22:33

State Bank of India chairman Arundhati Bhattacharya on Friday said RBI is likely to keep repo rate unchanged in the September monetary policy review due to the uncertainty in the markets and a volatile rupee.

'RBI more likely to cut rates in September, GDP growth steady'

Last Updated: Friday, August 28, 2015, 13:25

There is a better than even chance that the Reserve Bank of India (RBI) will cut interest rates at its policy meeting on Sept. 29 thanks to inflation striking a record low, according to a Reuters poll, marking a shift in expectations from earlier.

Fed rate hike, earnings, Bihar polls to drive Indian markets: BofA

Last Updated: Thursday, August 27, 2015, 16:03

According to the global financial services major, if markets price-in a Fed rate hike, it will get easier for the RBI to cut rates by 25 basis points on September 29.

Majority wanted rate cut, but Rajan vetoed in August review

Last Updated: Tuesday, August 25, 2015, 19:07

The RBI held consultation with external Members of the TAC between July 22-28 in the run up to the Third Bi-monthly Monetary Policy Review, 2015-16 on August 4, 2015.

Rate cuts: Raghuram Rajan says watching monsoon impact on inflation

Last Updated: Thursday, August 20, 2015, 17:11

Amid persistent rate cut calls from the government and the industry, RBI Governor Raghuram Rajan on Thursday said the central bank is keeping a watch on monsoon and global factors to assess their impact on inflation.

Payments banks to strengthen financial ecosystem: Kochhar

Last Updated: Thursday, August 20, 2015, 16:10

With RBI announcing 11 licences for payments banks, top private sector lender ICICI Bank on Thursday said the entry of these new entities would strengthen the overall financial ecosystem and also benefit existing banks.

Government steps up pressure on RBI to cut rate

Last Updated: Thursday, August 20, 2015, 15:38

Finance Minister Arun Jaitley is stepping up pressure on the RBI to cut rates as the economy struggles and price rises slow, with some bureaucrats working behind the scenes to argue for an immediate cut of as much as 50 basis points.

Consensus between govt, RBI on monetary policy panel: FinMin

Last Updated: Tuesday, August 18, 2015, 17:58

The government and the Reserve Bank have reached a consensus on the structure for the proposed Monetary Policy Committee and Public Debt Management Agency, said Finance Secretary Rajiv Mehrishi.

'Inflation data boosts case for rate cut before RBI next meet'

Last Updated: Friday, August 14, 2015, 16:01

With wholesale inflation plunging to a historic low, India Inc today said the downtrend in both WPI and retail inflation numbers coupled with sluggish industrial output data make a strong case for the Reserve Bank to cut interest rate ahead of its September 29 review.