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India Inc welcome steady policy rates, but seek full benefit of previous rate cuts

Dec 01, 2015

India Inc welcome steady policy rates, but seek full benefit of previous rate cuts

Want banks to pass on the full benefits in the form of lower lending rates for both consumers and investors to aid economic growth #RBI #Economic growth #Repo rate #GDP growth #WPI inflation #India Inc #bank lending
RBI leaves policy rates untouched on renewed inflation worries, but keeps rate cut hopes alive

Dec 01, 2015

RBI leaves policy rates untouched on renewed inflation worries, but keeps rate cut hopes alive

The governor said will monitor developments on the commodity prices, including food and oil and external developments in its future policy formulations #Inflation #Economy #GDP #RBI #CRR #Repo rate #Raghuram Rajan #policy
Rajan meets Jaitley ahead of RBI's monetary policy announcement

Nov 27, 2015

Rajan meets Jaitley ahead of RBI's monetary policy announcement

The benchmark repurchase (repo) rate has subsequently come down from 7.25 percent to 6.75 percent, the lowest in four-and-a-half years. #Inflation #NewsTracker #Repo rate #Arun Jaitley #WPI #Raghuram Rajan
RBI to announce next monetary policy review on 1 Dec

Nov 27, 2015

RBI to announce next monetary policy review on 1 Dec

RBI's previous monetary policy was announced on 29 September, when the key policy or the repo rate was cut, by a larger-than-expected rate of 0.5 percent to 6.75 percent in a move aimed to boost the economy and spur demand. #Economy #Monetary policy #NewsTracker #Repo rate #Raghuram Rajan
RBI to hold rates steady, growth seen rising to 7.3 pct in Sept quarter: Poll

Nov 27, 2015

RBI to hold rates steady, growth seen rising to 7.3 pct in Sept quarter: Poll

The Reserve Bank of India (RBI) is expected to hold its policy interest rate at 6.75 percent next week to stifle inflation, while data is seen showing economic growth accelerated to 7.3 percent in the September quarter, a Reuters poll of economists showed. #Inflation #Economy #GDP #RBI #Repo rate #Raghuram Rajan
ICICI Bank cuts lending rate by 0.35% but also increases spread

Oct 07, 2015

ICICI Bank cuts lending rate by 0.35% but also increases spread

Almost all the major banks in the system have cut their base rates since the RBI's surprise 0.50 percent cut in the repo rate last Tuesday #ICICI Bank #SBI #RBI Repo Rate #Lending Rate #Base Rate #loan spreads
Govt will reassess GDP forecast for the current fiscal year, says Jaitley

Sep 29, 2015

Govt will reassess GDP forecast for the current fiscal year, says Jaitley

With RBI lowering the growth forecast to 7.4 per cent for the current fiscal, Finance Minister Arun Jaitley on Tuesday said the government will reassess its GDP projections. #Economy #India #Business #RBI #NewsTracker #Repo rate #Finance Minister Arun #Chief Economic Adviser Arvind Subramanian