Shaktikanta Das
EMIs likely to come down as RBI cuts interest rate by 35 bps
The fourth consecutive rate cut is expected to lower EMIs for home and auto buyers, and borrowing cost for corporates.
Experts hope another 25 bps rate cut by RBI
Talking to reporters after the meeting, SBI chairman Rajnish Kumar had said he was hopeful of another rate cut by MPC.
Consensus for 25 bps rate cut, ‘accommodative’ stance
Experts see the slowdown of global economic growth and lack of impetus in domestic inflation as reasons for a 25 bps rate cut.
RBI may go for 25 bps rate cut on Wednesday: Report
Consensus expects RBI to lower repo rate by 25 bps to 5.50 pc at its monetary policy meeting on August 7, DBS said.
RBI may go for 25 bps rate cut on Wed for 4th time in row
Industry also expects the six-member MPC to take steps to improve liquidity situation and also ensure transmission of rate cuts.
Shaktikanta Das cautions against bilateral hegemony
The currency manipulator tag has gained greater focus in the heat and dust of trade wars.
Bank lending to non-bank firms set to gather pace: RBI governor
RBI was closely monitoring top 50 NBFCs, and had a good understanding of cash flows of these firms, said Shaktikanta Das.
RBI to cut rates again in August as doves prevail: Report
India is now forecast to grow in the range of 6.3 per cent to 7.2 per cent each quarter through to end-March 2021.
Das says change in stance as good as additional 25-basis-point rate cut: reports
RBI has cut rates by 75 bps since the start of 2019, banks have only eased their key lending rate by 15-20 bps.
Shaktikanta Das meets PSB heads, reiterates call for faster transmission
At the June policy announcement, Das had said banks had passed on only 21 bps of the 50 bps rate cuts.