The Reserve Bank of India's (RBI) credit policy will be announced on Tuesday with bankers wanting the central bank to cut repo rates which could make home and car loans cheaper. ...
08:55 AM, Mar 19, 2013
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. ...
11:16 AM, Mar 17, 2013
CNBC-TV18's Banking Editor Latha Venkatesh joined IBNLive readers for an interaction on RBI's recent credit policy changes. ...
05:17 PM, Jan 31, 2013
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. ...
01:04 PM, Jan 29, 2013
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. ...
11:57 AM, Jan 29, 2013
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, there will be an opportunity for monetary policy to act in conjunction with fiscal and other measures to ...
02:21 PM, Oct 30, 2012
New Delhi: 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 was in line with forecasts in a recent Reuters poll, expectations for a rate cut had grown after India's finance...
11:15 AM, Oct 30, 2012
All eyes are on the Reserve Bank of India on Tuesday as it reviews its credit policy. It is up against stubborn inflation. Will we see a cut in interest rates? CNBC-TV18's banking editor Lata Venketesh tells us what to expect. ...
09:30 AM, Oct 30, 2012
Tuesday: The Reserve Bank of India is set to announce the credit policy on Tuesday. There is almost a war cry out for a rate cut. A CNBC-TV 18 poll indicated that 80 per cent of the respondents see a CRR cut. Of this, 20 per cent see a 50 bps cut. On the repo, the market is divided with 50 per cent expecting a repo rate cut. A day...
08:31 AM, Oct 30, 2012
New Delhi: The Reserve Bank's decision to cut the Cash Reserve Ratio by 0.25 per cent, the percentage of deposits banks keep with central bank, has received mixed response from India Inc, which has been demanding a reduction in interest rate to spur growth. Interest rates on home and car loans may ease despite the key policy rates left unchanged by the RBI which lowered the CRR by 0.25 per...
04:58 PM, Sep 17, 2012
New Delhi: Prime Minister's Economic Advisory Council (PMEAC) on Monday said the RBI move to infuse liquidity in the system is "more potent" than a cut in interest rate and it will help banks expand credit portfolio. "The RBI has taken a cautious step. The latest data on inflation has not been encouraging...Under the circumstances, I believe this (25 bps reduction in CRR) is the maximum the Reserve Bank could...
04:45 PM, Sep 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 short term. However, in a bid to ease liquidity in the system, the central bank has trimmed the cash reserve...
03:54 PM, Sep 17, 2012
Mumbai: The Reserve Bank of India (RBI) has kept its key rates unchanged in its mid-quarter monetary policy review on Monday, which means that the EMIs are unlikely to come down soon. The repo rate is unchanged at eight per cent while the reverse repo rate remains at seven per cent. Only the Cash Reserve Ratio has been cut by 0.25 per cent, which according to the RBI will release...
02:34 PM, Sep 17, 2012
Mumbai: The Reserve Bank of India (RBI) has kept its key rates unchanged in its mid-quarter monetary policy review on Monday, which means that the EMIs are unlikely to come down soon. The repo rate is unchanged at eight per cent while the reverse repo rate remains at seven per cent. Only the Cash Reserve Ratio has been cut by 0.25 per cent, which according to the RBI will release...
02:34 PM, Sep 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 its credit policy. Below is the full text of its review report. Monetary and Liquidity Measures On the basis...
11:24 AM, Sep 17, 2012
New Delhi: The Reserve Bank of India (RBI) cut the cash reserve ration (CRR) by 25 basis points, which will leave Rs 17,000 crore more with the banks. Announcing its credit policy on Monday, which came in the backdrop of some big bang reforms pushed by the UPA Government, the RBI brought down the CRR from 4.75 per cent to 4.50 per cent. However, the repo rate remained unchanged at...
11:08 AM, Sep 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 RBI to leave policy rates unchanged and only 20 per cent expect a cut in repo rate. However, analysts believe...
06:29 AM, Sep 17, 2012
Mumbai: The Reserve Bank of India (RBI) is expected to leave interest rates unchanged on Tuesday, seeing high inflation as a bigger danger than the slowest growth in almost a decade and keeping pressure on the government to revive the economy's fortunes. Weaker-than-normal monsoon rains add to expectations that the RBI will keep its repo rate on hold at 8.00 per cent. High food prices resulting from poor rains may...
10:01 AM, Jul 31, 2012
New Delhi: The Indian stock markets on Monday are expected to react positively to the Greece results and also domestic factors. The Reserve Bank of India will announce its mid-term credit policy review on Monday. Majority of bankers and economist polled by CNBC-TV18 say that the RBI will cut the repo rate and the reverse repo rate by 25 basis points. This means home loans could become cheaper. The cash...
06:14 AM, Jun 18, 2012
Mumbai: State Bank of India, the country's largest lender, will cut lending rates on loans that have high interest rates, Chairman Pratip Chaudhuri said on Tuesday. Earlier in the day, the Reserve Bank of India cut its repo rate for the first time in three years by an unexpectedly sharp 50 basis points to give a boost to flagging economic growth. But it also warned that there is limited scope...
03:55 PM, Apr 17, 2012
