RBI interest rates

RBI interest rates News

RBI begins two-day policy review: Industries, government hope for rate cut

According to a SBI report, the RBI is likely to maintain status quo on key lending rate in Wednesday's policy review as it is "stuck in a conundrum" of low growth, mild inflation and global uncertainties.

Interest rates to slowly become reasonable: Arun Jaitley

The Reserve Bank, in its third bi-monthly monetary policy of the fiscal, yesterday had reduced the repo rate after a gap of almost 10 months by 0.25 per cent to 6 per cent. The new repo rate at 6 per cent is the lowest in six-and-a-half years. The last rate cut was effected in October 2016.

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IIP at 5-month low on manufacturing woes, retail inflation eases to 4.87%

In what could give the Reserve Bank of India (RBI) greater room to slash key interest rates, retail inflation softened further to a four-month low of 4.87 per cent in April compared to 5.25 per cent in March. On the other hand, factory output growth slowed to a five-month low of 2.1 per cent in […]

RBI allows different rates for term deposits

For all term deposits above Rs 15 lakh, banks can offer deposits without the option of premature withdrawal as well.

Reserve Bank may hold rates until Q2 of 2015, then ease, says poll

The Reserve Bank of India will probably wait until the second quarter of next year to loosen policy...

Indian rupee falls to 2-week low at 62.26 against dollar on weak shares

Rupee has made a weak start to the year ahead of key events later this month.

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RBI kept key rates unchanged to push growth,says Montek Singh Ahluwalia

'Raghuram Rajan has expressed confidence that inflation will come under control and let's hope he is right'.

Interest payments: RBI monetary policy review holds some promise for bank account holders

Presently,banks are required to pay interest on savings and term deposits at quarterly or longer intervals.

Indian rupee edges lower on caution ahead of cbank policy review

In the offshore non-deliverable forwards,one-month Indian rupee contract was at 61.97,the 3-month was at 62.95.

RBI Monetary Policy Review: Raghuram Rajan hints at hike in interest rate,no Diwali bonus for India

RBI Guv Raghuram Rajan hinted at increasing the key rate in Monetary Policy Review...

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