Repo Rate | The Asian Age

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Senior Indian government officials say the Reserve Bank of India should have cut interest rates more aggressively on Wednesday.

Govt officials feel RBI should have cut rates by 50-75 bps

The RBI lowered its main policy rate by 25 basis points to 6 percent on Wednesday.

03 Aug 2017 6:02 PM

Stock markets moved down for the second session on Thursday as the Sensex ended with a loss of 239 points as banking, realty and metal stocks struggled after RBI rate cut.

Bank, realty, metal stocks take Sensex down by 239 points

These interest-rate sensitive stocks slid down as RBI slashed repo rate by 25 bps to 6 per cent on Wednesday.

03 Aug 2017 4:50 PM

Interest rate sensitive stocks - banking, realty and auto - continued to fall for the second straight session, losing up to 3 per cent.

Interest sensitive stocks keep falling despite RBI rate cut

Among bank stocks, PNB was trading lower by 2.93 per cent, Yes Bank lost 1.90 per cent and ICICI Bank slipped 1.66 per cent.

03 Aug 2017 1:38 PM

The Prime Minister needs to take leverage of his party’s presence in 18 of 29 states to make land reforms, acquire land, bring in companies and also aid labour reforms. (Photo: File)

RBI's rate-cut puts onus of economic growth back on Modi govt

Bad corporate loans, slow factory output, farm loan waivers and disruption of supply chain due to GST could disrupt India’s growth.

03 Aug 2017 12:19 PM

Sensex and Nifty registered losses at the open on Thursday.

Sensex, Nifty turn sluggish on weak Asian shares

Sectoral indices bank, FMCG, metal, power, realty, capital goods and IT slumped.

03 Aug 2017 10:38 AM

The Reserve Bank of India became the first central bank in Asia to cut policy rates in 2017.

RBI becomes first Asian central bank to ease policy rates in 2017

The RBI said reduced prices provided 'some space' for monetary policy accommodation.

03 Aug 2017 9:36 AM

Eminent banker Deepak Parekh said the Reserve Bank's decision to slash repo rate by 25 basis points is on expected lines and a good move for the economy.

Repo rate cut was expected and is a 'good move', says Deepak Parekh

RBI cut the key policy rate by 0.25 per cent to 6 per cent, citing reduction in upside risk to inflation.

02 Aug 2017 5:39 PM

Knitwear exporters at nearby Tirupur on Wednesday urged banks to pass on the rate cut benefits to exporters who have been hit hard by GST. (Representational Image)

Knitwear exporters hit by GST ask banks for repo rate cut benefits

The association in Tirupur has already represented to all banks for enhancement of limit to ease the working capital blockage.

02 Aug 2017 5:10 PM

Retail inflation was at record low of 1.54 per cent in June.

RBI to keep retail inflation near 4 pc on 'durable basis'

Retail inflation may rise in near term due to pay commission payouts and price adjustments post GST rollout.

02 Aug 2017 4:56 PM

Economic Affairs Secretary Subhash Chandra Garg, (Photo credit: World Bank)

RBI rate cut important step for sustained growth: Finance Ministry

Monetary policy statement was arrived after a two- day meeting of the MPC headed by RBI Governor Urjit Patel.

02 Aug 2017 4:36 PM

The Sensex on Wednesday slipped from life highs to end over 98 points lower at 32,477.

Sensex slips 98 points, Nifty retreats from record post RBI rate cut

The Reserve Bank of India on Wednesday slashed benchmark lending rate by 25 bps to 6 per cent.

02 Aug 2017 4:13 PM

The Reserve Bank of India on Wednesday slashed benchmark repo rate by 25 bps from present 6.25 per cent to 6 per cent.

Loans to get cheaper as RBI slashes repo rate by 25 bps to 6 per cent

In its June review meet, the MPC had held the repo rate citing the risk of fiscal slippages.

02 Aug 2017 2:29 PM

All eyes are on the Monetary Policy Committee's (MPC) announcement that will be made on Wednesday afternoon

RBI's monetary policy: Five things to keep an eye on at MPC meet

Experts predict a 25 bps cut in repo rate in the Monetary Policy Committee's review meet on Wednesday.

02 Aug 2017 12:10 PM

Rate cut hopes lifted markets to records on Wednesday as the Sensex surged 111 points to 32,687 and Nifty hit a life high of 10,138.

Sensex rallies 111 points, Nifty peaks at 10,138 on RBI rate-cut hope

Interest-sensitive stocks hogged the limelight ahead of RBI's policy rate outcome.

02 Aug 2017 10:34 AM

The Reserve Bank of India is likely cut its main policy rate on Wednesday by a quarter percentage point to a more than six and half years low after inflation slumped.

MPC meet today: RBI likely to slash repo rate by 25 bps

Proponents of more rate cuts argue these would make loans cheaper and help companies refinance their debt.

02 Aug 2017 10:22 AM

The six-member Monetary Policy Committee headed by RBI governor Urjit Patel will review the repo rate on Wednesday.

RBI rate cut: What is policy rate and why it should bother you

A rate-cut will enable commercial banks to lower the interest rates at which they lend money to the customer.

01 Aug 2017 11:53 AM

RBI may cut repo rate on Aug 2 on lowest inflation

The central bank headed by governor Urjit Patel last cut its key interest rate in October 2016.

28 Jul 2017 4:29 PM

Repo rate cut in its policy review meet on Aug 2 as inflation is likely to have reached a new normal of 4 per cent.

RBI to cut repo rate by 25 bps on August 2: HSBC

According to the global financial services major inflation in India has fallen dramatically.

27 Jul 2017 1:42 PM

MPC headed by RBI Governor Urjit Patel will meet on August 1-2 for the third bi-monthly monetary policy review of 2017-18.

Pressure mounts on RBI to cut policy rate: Experts

MPC in its previous review in June had retained the repo rate at 6.25 per cent

16 Jul 2017 12:21 PM

RBI may ease rates, hinting banks to cut lending rates: BofAML

RBI rate cuts will likely endanger the much-needed bank lending rate cut before the busy industrial season sets in October.

09 Jun 2017 4:56 PM

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Syed Ata Hasnain