Shaktikanta Das
Congress slams RBI Governor Shaktikanta Das, terms him as pliant
He said the decision of RBI was ‘a confirmation of what the party had been forewarning about the state of the economy.’
RBI minutes to cap yields; revives expectations for further policy easing
RBI has lowered the repo rate by 1.1 percentage points in 2019, the banks are yet to pass on the entire benefit to borrowers.
Link bulk deposits to repo for effective transmission of interest rates: SBI report
A dozen public sector banks, including State Bank of India, have voluntarily linked their interest rates to repo.
RBI rules out asset quality review of NBFCs for now
IL&FS group's failure has made banks highly risk averse to the NBFC sector, leading to a severe liquidity crunch.
Time has come for banks to link loans, deposits to repo rate: RBI Gov Das
SBI was to first one to link loans and deposits to the repo rate from May and home loans from July, six other banks followed.
RBI not done with easing, to cut in October and early next year: Report
If the RBI does cut rates in Oct and early next year it will be the most aggressive amongst major central banks in easing policy.
RBI cuts rate 0.35 per cent, EMIs set to fall
The RBI itself has reduced its growth estimate down to 6.9 per cent for FY20, from the seven per cent it had projected in its June policy.
As it lowers rate, RBI sees hard days ahead
The economy needs to be pumped up as every sector from automobiles to agriculture is seeing a slowdown.
RBI cuts risk weight on consumer loans to 100 per cent
On a review, it has been decided to reduce the risk weight for consumer credit, including personal loans, RBI statement said.
RBI lowers GDP growth forecast to 6.9 pc for FY'20 on demand, investment slowdown
The RBI said various high frequency indicators suggest weakening of both domestic and external demand conditions.