Cash Reserve Ratio

  • RBI keeps Repo Rate unchanged at 8 pc, CRR at 4 pc April 1, 2014

    New Delhi: The Reserve Bank of India maintained status quo in key rates on Tuesday, keeping the Repo Rate unchanged at 8 per cent and Cash Reserve Ratio at 4 per cent. The RBI also warned that failure to elect a stable government in the coming elections will accentuate "downside risks...
  • RBI keeps key rates unchanged December 18, 2013

    Mumbai: The Reserve Bank of India (RBI) has kept key policy rate and cash reserve ratio unchanged in the December 2013 Mid-Quarter Monetary Policy Review. On the basis of an assessment of the current and evolving macroeconomic situation, the RBI decided to keep the policy repo rate under the liquidity...
  • India Inc disappointed by hike in repo rate by RBI September 20, 2013

    Expressing disappointment over the hike in repo rate by the RBI, India Inc on Friday said a rate cut by the bank would have helped ameliorate sentiments as businesses are "reeling" under a tight liquidity crunch due to high cost of capital. "High interest rate has been identified as a major...
  • Raghuram Rajan defends his monetary policy, says RBI is anti-inflation September 20, 2013

    Mumbai: Reserve Bank of India Governor Raghuram Rajan defended his first monetary policy on Friday in which the repo rate was hiked by 25 basis points from 7.25 per cent to 7.5 per cent. He said, "We intend to make repo rate the effective policy rate." He also said the repo...
  • Raghuram Rajan to announce his maiden RBI monetary policy today September 20, 2013

    Mumbai: Reserve Bank of India Governor Raghuram Rajan will announce his maiden monetary policy on Friday. The move by the US Federal Reserve not to taper stimulus has made his job easier, but he still has to balance slowing growth with accelerating inflation which soared to 6-month high of 6.1...
  • Full text: RBI's mid-quarter monetary policy review June 17, 2013

    The Reserve Bank of India kept interest rates unchanged on Monday after cutting them in each of its previous three policy reviews, warning of upward risks to inflation posed by a falling rupee and increases in food prices. Monetary and Liquidity Measures On the basis of an assessment of the current macroeconomic...
  • RBI leaves rates unchanged, warns of inflationary risks June 17, 2013

    Mumbai: The Reserve Bank of India kept interest rates unchanged on Monday after cutting them in each of its previous three policy reviews, warning of upward risks to inflation posed by a falling rupee and increases in food prices. The RBI also called for vigilance over global economic uncertainty, citing...
  • RBI to use all options, including CRR, to manage liquidity May 7, 2013

    Mumbai: Reserve Bank Governor D Subbarao on Monday said the Reserve Bank will consider all options available, including reducing the cash reserve ratio (CRR), to manage liquidity in the system. "The assumption that OMOs will be the preferred tool is wrong. Don't go with that assumption. We will use all...
  • RBI likely to cut key policy rates by 0.25 pc: Experts March 17, 2013

    New Delhi: Taking cue from declining core inflation levels and sluggish growth trends, the Reserve Bank of India is likely to cut key policy rates by 0.25 per cent in its mid-quarter review on March 19, global investment banking majors have said. Even if RBI cuts rates on Tuesday, the tone...
  • More interest rate cuts possible, says C Rangarajan January 29, 2013

    New Delhi: The Reserve Bank of India could make more cuts to the repo rate if inflation remains on projected lines, the Prime Minister's economic adviser C Rangarajan said on Tuesday. The central bank reduced its policy interest rate by a widely expected 25 basis points on Tuesday. The bank took...
  • RBI's rate cut will help revive investment: Ahluwalia January 29, 2013

    New Delhi: The Reserve Bank of India's decision to cut rates will help revive investment in the economy, Montek Singh Ahluwalia, deputy Chairman of the Planning Commission said on Tuesday, adding that the economy was beginning to bottom out after a long slowdown. The country's central bank reduced its policy interest...
  • RBI credit policy highlights January 29, 2013

    Mumbai: Following are the highlights of the RBI's third quarter monetary policy review: * Short-term lending rate or repo rate reduced by 0.25 per cent to 7.75 per cent, first time in nine months. * Reverse repo rate stands adjusted to 6.75 per cent. * Reduces cash reserve ratio (CRR) by 0.25 per...
  • RBI cuts repo rate, CRR by 25 bps January 29, 2013

    New Delhi: The Reserve Bank of India on Tuesday lowered its key policy rate as expected for the first time in nine months to support an economy set for its slowest growth in a decade, but signalled there was less room for aggressive cuts in future due to concerns over...
  • RBI holds repo rate, CRR; focus shifts to growth December 18, 2012

    Mumbai: The RBI kept interest rates on hold on Tuesday, ignoring government pressure to reduce borrowing costs, but said it was shifting its focus towards boosting a flagging economy, raising the odds of a rate cut as early as January. The Reserve Bank of India (RBI) reiterated guidance from its...
  • RBI keeps CRR, repo rate unchanged December 18, 2012

    Mumbai: The Reserve Bank of India on Tuesday left policy interest rates unchanged as expected on Tuesday, ignoring the growing clamour from business and politicians to lower them, reiterating its October guidance of further policy easing in the March quarter as it shifts its focus towards boosting growth. The Reserve Bank...
  • Inflation is still a concern: RBI governor Subbarao October 30, 2012

    The RBI left interest rates unchanged on Tuesday but cut the cash reserve ratio for banks and indicated it may ease monetary policy further in the January-March quarter, although inflation remains a near-term concern. While the decision to leave the policy repo rate unchanged at 8.00 per cent. As inflation eases further,...
  • Why RBI chose not to cut policy rate and instead ease CRR September 17, 2012

    The market was expecting the Reserve Bank of India to cut interest rates after the government announced some key policy reforms last week. But by keeping the repo rate unchanged at 25 basis points, the RBI has made it clear that it is more worried about curbing inflation in the...
  • Govt welcomes CRR cut, expects more steps from RBI September 17, 2012

    New Delhi: The government on Monday welcomed with open arms the 25 basis points cut in the Cash Reserve Ratio (CRR) by the Reserve Bank of India (RBI) but said that it was still a small step. "The CRR cut by RBI is welcome. But it is a small step. We...
  • RBI monetary policy review: The highlights September 17, 2012

    Mumbai: The Reserve Bank of India (RBI) in its mid-quarter monetary policy review on Monday kept the repo rate unchanged but cut the Cash Reserve Ratio (CRR) by 25 basis points (bps), a move that will likely infuse Rs 17,000 crore into the economy. The RBI will continue to target inflation...
  • Full text: RBI's mid-quarter monetary policy review September 17, 2012

    The Reserve Bank of India (RBI) in its mid-quarter monetary policy review on Monday kept the repo rate unchanged but cut the Cash Reserve Ratio (CRR) by 25 basis points (bps), a move that will likely infuse Rs 17,000 crore into the economy. The RBI will continue to target inflation in...
  • RBI's credit policy today, rate cuts unlikely September 17, 2012

    New Delhi: The Reserve Bank of India (RBI) will be out with its credit policy on Monday amid mixed cues. It will continue to target inflation in its credit policy, that's the unanimous view of bankers, economists and fund managers polled by CNBC-TV18. Eighty per cent of the market expects...
  • Follow regulations or quit: RBI to SBI chief August 27, 2012

    Kancheepuram: A top RBI official on Monday snubbed SBI Chairman Pratip K Chaudhuri for his remarks suggesting abolition of Cash Reserve Ratio, bluntly telling him that he has to find "some other place" if he could not work as per the central bank's regulatory environment. "...if the SBI Chairman is not...
  • High inflation must have influenced RBI's decision: Pranab June 18, 2012

    The Reserve Bank of India on Monday kept the repo rate and the cash reserve ratio unchanged at 8.0 per cent and 4.75 per cent respectively, dashing market hopes of a 25 basis point cut. ...
  • Full text: RBI's mid-quarter monetary policy review June 18, 2012

    New Delhi: The Reserve Bank of India (RBI) on Monday kept the repo rate and the Cash Reserve Ratio unchanged, breaking market expectations. The bank said that it was keeping the rates unchanged as "rather than supporting growth", they could "exacerbate inflationary pressures". Following is the full text of the statement released...
  • RBI surprise: No rate cut, repo, CRR unchanged June 18, 2012

    New Delhi: The Reserve Bank of India (RBI) at its mid-quarter monetary policy review on Monday kept the repo rate and the Cash Reserve Ratio (CRR) unchanged at 8.0 per cent and 4.75 per cent, respectively, dashing market hopes of a 25 basis point cut. The central bank said in a...
  • RBI may cut repo rate by 25 bps, CRR by 1 pc June 17, 2012

    Mumbai: Reserve Bank of India Governor Duvvuri Subbarao is expected to go slow on his over two-year-old anti-inflationary posture and go with the common mood by unveiling a softer interest rate regime on Monday, as more and more dark clouds gather over the economy, though the price index still remains...
  • RBI rate cuts may see cheaper home, car loans April 17, 2012

    New Delhi: Home and car loans may get cheaper as the Reserve Bank of India (RBI) signalled a possible interest rate cut to boost economy at its annual credit policy on Tuesday. The government said on Monday that inflation had slightly eased in March, a day before what is forecast...
  • SBI to slash lending rates if RBI cuts CRR April 7, 2012

    Mumbai: Country's largest lender SBI on Saturday said it will reduce lending rate if the Reserve Bank reduces cash reserve ratio in the credit policy later this month. "We expect a CRR (Cash Reserve Ratio) cut of 75 basis points. If it happens we will definitely pass the benefit to the...
  • Present situation not right for rate cut: HDFC March 18, 2012

    Mumbai: The second largest private sector lender HDFC Bank has said the present situation is not conducive for rate cuts but further reduction in Cash Reserve Ratio (CRR) could lead to lower interest rates. "As far as reduction in interest rate is concerned, if there is more CRR cuts, it will...
  • RBI to update monetary policy by Tuesday afternoon July 28, 2009

    Mumbai: The Reserve Bank of India Governor D Subbarao will review and update the monetary policy for the current fiscal a little before noon on Tuesday amid little expectation of any major change in key policy rates. A day ahead of the review, RBI had sharply raised its growth forecast for...