March 21, 2021 1:12 am
In short, depositors have seen their income shrinking since February 2019, while borrowers benefited from the rate cut.
July 10, 2020 1:41 pm
It was the first time in 10 months that banks have not tapped the Fed for this key source of short-term funding.
February 06, 2020 4:35 pm
The RBI Monetary Policy Committee (MPC) kept the repo rate unchanged at 5.15 per cent.
December 05, 2019 5:19 pm
The Reserve Bank of India (RBI) left its repo rate unchanged at 5.15 per cent and continued with its accommodative stance for supporting the economy. However, it reduced its GDP growth forecast for 2019-20 to 5 per cent from 6.1 per cent.
October 05, 2019 12:51 am
RBI signals further support to revive growth. On its part, government should stick to fiscal deficit target
October 05, 2019 11:31 am
RBI analytics suggest that the slowdown is largely cyclical, and in macroeconomic terms, this is probably correct.
August 18, 2019 5:37 am
Interest costs soared by 22.16 per cent to Rs 65,485 crore during the first quarter ended June 2019 even as demand slowdown started hitting India Inc.
March 31, 2019 3:41 pm
The RBI had reduced the repo rate by 25 basis points in February after a gap of 18 months. A back-to-back cut in interest rate would provide relief to borrowers in the election season.
October 05, 2018 2:27 pm
The anticipation of a rate hike has increased in the past month as oil prices climbed, the rupee's slide accelerated and concerns on liquidity emerged.
August 02, 2018 12:05 am
With crucial polls ahead, India’s central bank may not be done yet with monetary tightening
June 22, 2020 7:11 pm
June 22, 2020 7:18 pm