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 may keep rates unchanged in Aug 4 policy meet: Ind-Ra

Last Updated: Friday, July 31, 2015, 14:40

"The Reserve Bank (RBI) is likely to wait and watch on rates in its third bi-monthly credit policy meet in August.

RBI to hold rates on Aug 4, some see cut by year-end: Poll

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.

PNB cuts fixed deposit rate by 0.25% on select maturities

Last Updated: Wednesday, June 3, 2015, 14:49

The reduction will be effective from June 8, PNB said in a statement.

Economy at early stages of recovery, GDP to rise to 8%: Nomura

Last Updated: Sunday, May 31, 2015, 11:02

According to Central Statistics Office (CSO) data released yesterday, the Indian economy grew at 7.3 percent in 2014-15, up from 6.9 percent a year ago, mainly due to improvement in the manufacturing sector.

BNP Paribas sees ideal conditions for 0.25% rate cut on June 2

Last Updated: Thursday, May 28, 2015, 18:36

Stating that conditions are ideal for rate cut, French brokerage BNP Paribas on Thursday said a 0.25 percent reduction can help discussions between the central bank and the Finance Ministry on setting up of inflation targeting panel.

Rajan meets Jaitley ahead of monetary policy next week

Last Updated: Wednesday, May 27, 2015, 18:26

Amid growing demand for rate cut, Reserve Bank Governor Raghuram Rajan on Wednesday met Finance Minister Arun Jaitley and discussed a wide range of issues.

RBI may cut repo rate by 25 bps on June 2: Assocham

Last Updated: Wednesday, May 27, 2015, 18:25

The Reserve Bank is likely to slash the benchmark interest rate by 0.25 percent to stimulate demand, with retail inflation at 4.87 percent in April, much below the apex bank's target of 6 percent by January 2016, according to Assocham.

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 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.

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.

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.