Friday, Feb 22, 2019 | Last Update : 03:20 PM IST

Economy

RBI rate cut to boost growth, make loan affordable: Piyush Goyal

RBI has reduced repo rate by 0.25 per cent to 6.25 per cent.

07 Feb 2019 3:18 PM

Single deposit of Rs 2 crore, more to qualify as 'bulk deposit', says RBI

Interest rate on bulk deposits are marginally higher than smaller-amount fixed deposits for similar maturity period.

07 Feb 2019 2:07 PM

RBI to ensure adequate liquidity to all sectors

Total durable liquidity injected through open market operations has reached Rs 2.36 lakh crore.

07 Feb 2019 1:25 PM

RBI raises collateral-free farm loan limit to Rs 1.6 lakh

Currently, the banks are mandated to extend collateral-free agricultural loans up to Rs 1 lakh.

07 Feb 2019 12:51 PM

RBI projects 7.4 per cent GDP growth for FY20

GDP growth is likely to be influenced by growth in bank credit and overall financial flows to the commercial sectors.

07 Feb 2019 12:41 PM

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RBI cuts inflation forecast to 2.8 pc for Q4 2019; 3.2-3.4 pc for H1FY20

Reserve Bank of India revised downwards the retail inflation forecast to 2.8 per cent.

07 Feb 2019 12:35 PM

RBI cuts key rate by 25 bps, changes stance to neutral

Four of six members of the MPC voted to cut the rates, while all six members voted for a change in the stance.

07 Feb 2019 12:08 PM

RBI MPC may change policy stance to neutral this week: experts

Today's policy statement from the RBI will mark first under Governor Das, who took office nearly a week after the last policy meet.

07 Feb 2019 11:17 AM

Over 15 cr Mudra loans sanctioned till January 25: Employment Minister

Under PMMY collateral free loans up to Rs 10 lakh are extended to MSME to set up or expand their business activities.

07 Feb 2019 11:00 AM

Banks need Rs 20 lakh crore fresh deposits to meet credit demand

Currently, the average annual deposit mobilisation is around Rs 7 lakh crore over the past few years.

07 Feb 2019 5:52 AM

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Individual agents losing out on ‘life’ share

Insurance penetration— business premium as a ratio of the GDP —has remained stagnant.

07 Feb 2019 5:12 AM

Bimal Jalan panel to meet in Feb-end to study fund transfer models

RBI's Central Board will meet on Feb 18 to consider the audited results for Jul-Dec.

07 Feb 2019 5:05 AM

RBI board meeting deferred to February 18

The RBI board is going to take up request of the govt for payment of interim dividend for the current financial year.

06 Feb 2019 4:03 PM

PSUs borrowings must be included in govt debts, be aided by the sovereign guarantee

The government’s total deficit rose to an uncomfortably high level of 8.5 per cent of GDP for 2018-19:economist Sajjid Chinoy.

06 Feb 2019 12:26 PM

Income tax returns filings rose over 37 percent in April-January

Between April to January period of the last two financial year, the growth was more subdued at 17 percent and 20 percent, respectively.

06 Feb 2019 11:09 AM

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RBI to change stance to neutral but may hold rates

Higher budgeted market borrowings and increased inflationary concerns are likely to keep the bond yields elevated.

06 Feb 2019 3:12 AM

Cash transfer to farmers, middle-class tax relief to boost growth: Moody's

GST collections will continue to pose risks to indirect tax collections if they fall short of budgeted expectations.

05 Feb 2019 5:47 PM

Fiscal slippage for two consecutive years credit negative: Moody's

Government announced slippage from its original fiscal deficit targets to 3.4 per cent of GDP both for the fiscal years

05 Feb 2019 12:14 PM

Service sector activity slips for 2nd straight month; employment rises

The seasonally adjusted Nikkei India Services Business Activity Index fell from 53.2 in Dec to 52.2 in January.

05 Feb 2019 11:13 AM

RBI likely to change stance, close on rate cut

A 25 basis point rate cut by mid-2019 is to be expected.

05 Feb 2019 10:53 AM

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