RBI rate cut
RBI rate cut News
Analysts see slim chance of a rate cut by RBI this year
"The scope for further rate cuts in this year would be restricted to 0.25 per cent, which would materialise only if the inflation trajectory significantly undershoots expectations," said domestic rating agency Icra chief executive Naresh Takkar.
IIP growth slips to 3.1 per cent: India Inc demands rate cut by RBI to boost investment
Industry body Assocham said the Reserve Bank's status quo on rates has disappointed the industry
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FM makes case for rate cut; experts say RBI may wait for GST
Industry has been pitching for a rate cut to boost GDP growth which fell to 7.1 per cent in 2016-17, from 8 per cent in the previous fiscal.
Rate cut: Ball now in RBI’s court
The move to slash interest rates on small saving schemes along with the upcoming shift to the marginal cost of funds-based lending rate is intended to make retail rates more responsive to policy changes.
Simply put: The cut, and likely thrust to demand
RBI surprised the markets with a higher-than-expected rate cut of 50 basis points on Tuesday, boosting sentiment and fuelling hope of a revival in demand. SHAJI VIKRAMAN explains the Bank’s decisions.
Transmit the cut, says India Inc; bankers for lower small savings rates
Bankers sought a reduction in the interest rates on small savings schemes on fears of flight of cash from bank deposits to such schemes.
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RBI rate cut: Small savings to feel the squeeze
Investors in small savings schemes should get ready for a lower interest rate regime as inflation takes a slide and banks prune their lending rates to stay competitive.
Interest rates: How cuts affect loans under process
If a customer applies for a loan and before getting the first disbursement, there is a change in the bank’s lending rate then the previous rate will not be applicable.
Home loan: Rate cut an opportunity to ease the EMI pinch
A cut in the lending rates by country’s largest lender, State Bank of India, has set the ball rolling for others. This bid to provide cheaper loans would lead to a competition, where it is the customer who would emerge as the real winner.
Two days after RBI surprise, 8 banks cut rates
As of now, the country’s largest lender State Bank of India has the lowest base rate in the banking system at 9.30 per cent.
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