RBI lowered the benchmark lending rate by 25 basis points to a nearly nine-year low of 5.75 per cent.
06 Jun 2019 6:06 PM
MPC announced a 25 bps rate cut in short term lending rate to 5.75 percent, which is the lowest repo rate in nine years.
06 Jun 2019 3:36 PM
The minister emphasised on need to increase strengths of the industry as it would help in boosting manufacturing and exports.
06 Jun 2019 3:26 PM
The transfer of fertiliser subsidy directly into farmers' bank accounts was to be taken up in the second phase.
06 Jun 2019 2:07 PM
The reduction in interest rate will help boost credit growth, helping arrest the slowdown in the economy
06 Jun 2019 2:02 PM
On April 2, the SC had declared as 'ultra vires' the February 12 circular that mandated banks to label even a day's default as NPA.
06 Jun 2019 1:18 PM
RBI has decided to set up a committee to review the charges levied on the use to ATMs.
06 Jun 2019 12:53 PM
Raises retail inflation forecast for Apr-Sept to 3-3.1 per cent and 3.4-3.7 per cent in Oct-March.
06 Jun 2019 12:48 PM
Weak global demand due to escalation in trade wars may further impact India's exports and investment activity, said RBI.
06 Jun 2019 12:41 PM
Cutting benchmark lending rates for the third consecutive time, RBI slashed the repo rate by 0.25 pc
06 Jun 2019 12:29 PM
Benchmark interest rate was cut by 0.25 per cent to 5.75 per cent from 6.00 per cent.
06 Jun 2019 12:04 PM
The unemployment rate rose to a multi-year-high of 6.1 per cent in the 2017-18 fiscal year.
06 Jun 2019 11:46 AM