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
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
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
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.
25 Jul 2019 11:48 AM
A cut of 5-10 bps will not take down home loan interest rate instantly for the existing home loan borrower.
24 Jul 2019 1:21 PM
Acharya is leaving the central bank on Tuesday, six months before the scheduled end of his term in office, citing personal reasons.
23 Jul 2019 9:15 AM
RBI has cut rates by 75 bps since the start of 2019, banks have only eased their key lending rate by 15-20 bps.
22 Jul 2019 2:26 PM
During this year, RBI reduced the policy rate thrice with an aggregate reduction of 0.75 percentage point in repo rate.
08 Jul 2019 7:49 PM
The panel will submit the report after the federal budget in July, the official said.
24 Jun 2019 1:22 PM
In first week of June RBI had lowered the repo rate to 5.75 per cent.
19 Jun 2019 2:20 PM
RBI cut the repo rate to 5.75 per cent on June 6, its third cut in 2019, while also changing its policy stance to ‘accommodative’.
18 Jun 2019 8:59 AM
All the six members of the MPC voted in favour of a rate cut as well as change in policy stance.
07 Jun 2019 2:34 AM
The Union Budget scheduled to be presented on July 5 will have to support the affordable housing sector by cutting taxes.
07 Jun 2019 12:02 AM
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
On NBFC crisis, Shaktikanta Das said that RBI is closely monitoring situation and there is ample liquidity in market.
06 Jun 2019 4:41 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
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