The RBI said various high frequency indicators suggest weakening of both domestic and external demand conditions.
07 Aug 2019 1:36 PM
The fourth consecutive rate cut is expected to lower EMIs for home and auto buyers, and borrowing cost for corporates.
07 Aug 2019 12:49 PM
CPI (Consumer Price Index) retail inflation is projected at 3.1 per cent for the second quarter this fiscal.
07 Aug 2019 12:21 PM
RBI trims GDP growth forecast for current fiscal to 6.9 per cent from 7 per cent previously predicted.
07 Aug 2019 11:56 AM
Food prices have risen due to lower-than-expected monsoon rains over the past two months.
07 Aug 2019 9:59 AM
India's sovereign external debt-to-GDP level is among the lowest globally at less than 5 per cent.
07 Aug 2019 9:02 AM
Talking to reporters after the meeting, SBI chairman Rajnish Kumar had said he was hopeful of another rate cut by MPC.
06 Aug 2019 5:54 PM
The accusation, which followed a sharp slide in the yuan on Monday, has driven an even bigger wedge between the world’s largest economies.
06 Aug 2019 12:23 PM
Banks need to commensurately transmit rate cut benefit in lending, said an official release.
05 Aug 2019 8:27 PM
Consensus expects RBI to lower repo rate by 25 bps to 5.50 pc at its monetary policy meeting on August 7, DBS said.
05 Aug 2019 4:50 PM
The size of the economy will grow to USD 3 trillion from USD 2.7 trillion in the previous year.
05 Aug 2019 9:33 AM
Foreclosure charges are part of the fee income for any lender and add to its bottomline.
03 Aug 2019 11:29 AM
The country's reserve position with the fund also declined by USD 15.8 million to USD 3.534 billion, the apex bank said.
03 Aug 2019 11:20 AM
The 30-share BSE Sensex rose 99.90 points or 0.27 per cent to settle at 37,118.22.
02 Aug 2019 4:33 PM
Almost 80 per cent of 66 economists surveyed by Reuters expected the RBI to cut its benchmark repo rate by 25 bps.
02 Aug 2019 4:19 PM
The July 2019 mop-up was, however, 5.8 per cent higher than the Rs 96,483 crore collected in the same month last year.
02 Aug 2019 11:40 AM
This is the 24rd consecutive month that the manufacturing PMI has remained above the 50-point mark.
01 Aug 2019 11:44 AM
The country's largest bank, State Bank of India, has lending worth Rs 1.76 lakh crore classified as NPA till march 2019.
01 Aug 2019 10:18 AM
As per various estimates, the RBI has over Rs 9 lakh crore of surplus capital with it.
01 Aug 2019 10:11 AM
During April-June, the eight sectors grew by 3.5 pc compared to 5.5 pc in the same period last year.
31 Jul 2019 6:07 PM