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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.

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.

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.

Hope to announce 1 set of bank licenses by month-end: Raghuram Rajan

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.

RBI expected to stand pat, words weighed for future cuts

Last Updated: Tuesday, August 4, 2015, 04:21

India`s central bank policy review is expected to yield little in the way of action on Tuesday, but its statement will be pored over for clues as to whether there is a chance of another interest rate cut this year.

Interest on loans not to come down as RBI keeps key rates unchanged

Last Updated: Tuesday, August 4, 2015, 00:53

The Reserve Bank of India (RBI) kept its interest rates unchanged at its third bi-monthly monetary policy review on Tuesday.

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.

'RBI to maintain status quo on Aug 4; rate cut by March '16'

Last Updated: Thursday, July 23, 2015, 15:37

The Reserve Bank is likely to keep interest rates on hold in the next month's monetary policy meet, but may slash the key lending rate by a 50-75 basis points by March 2016, Morgan Stanley on Thursday said.

Barclays pegs average CPI inflation at 5% this fiscal

Last Updated: Friday, July 3, 2015, 15:41

The headline inflation is at "manageable" levels, but risks around food inflation still persist, global financial services major Barclays said, adding that the average CPI inflation for this fiscal is likely to be 5 percent.

Sweden cuts key interest rate to -0.35%

Last Updated: Thursday, July 2, 2015, 14:45

Sweden`s central bank announced Thursday a 10-basis-point cut to its key interest rate, the repo rate, to -0.35 percent, and increased its bond purchases, citing uncertainty over the Greek crisis.

Axis Bank queues up, cuts base rate by 10 bps to 9.85%

Last Updated: Friday, June 26, 2015, 18:10

A day after its bigger rival ICICI Bank cut its lending rate, the third-largest private lender, Axis Bank, Friday lowered its base rate by 0.10 percent to 9.85 percent, effective June 30.