interest rate
Next government seen relying on RBI rate cuts to spur growth
The two finance ministry officials said the government expects at least another 50 bps cut by August.
Following smaller peers, SBI cuts loan rates by marginal 5 bps
The new one-year marginal cost of funds-based lending rate is down to 8.50 per cent now from 8.55 per cent earlier.
Despite second RBI action, bankers non-committal to cut rates
The downward revisions in GDP and inflation projections reveal the near-term global headwinds, says SBI chairman.
Most analysts expect another rate cut in June
Economists at Japanese brokerage Nomura said they expect another rate cut in June with a 40 per cent probability.
RBI cuts inflation forecast to 2.9-3 pc for H1 FY20
In its previous policy outcome in February, the RBI had projected retail inflation between 3.2-3.4 per cent for the first half of 2019-20.
RBI cuts key rate by 25 bps to 6 pc to boost economic activitiy
The Monetary Policy Committee (MPC) also decided to maintain the neutral monetary policy stance.
RBI to cut rates again before vote; BJP victory best for economy: report
India’s growth outlook for the fiscal year ended in March was cut to 7.1 pc and 7.2 pc, respectively, from 7.3 pc.
RBI to unveil this fiscal's first bi-monthly policy decision on Thursday
The resolution of the MPC will be placed on the website at 11.45 AM on April 4, 2019.
RBI rate decision, macro data announcement to drive equities this week
Foreign fund movement, trend in rupee and outcome of the US-China trade talks would also be monitored for further cues, analysts said.
PPF, Sukanya Samriddhi Scheme remain attractive, interest rates kept unchanged
The interest rates on Sukanya Samriddhi account remain unchanged at 8.5 per cent.