RBI cuts repo by another 25 bps: Central bank’s rate cut spree and the logic of keeping ‘neutral’ stance don’t add up
In the current context, going by the indications and the language of the monetary policy, the RBI is in a clear accommodative stance.
RBI cuts rate by 25 bps as expected; monsoons and elections cloud the near-term inflation outlook, say analysts
RBI repo rate now stands at 6 percent--returning to the same level as in April 2018
RBI moves to stimulate growth, lowers repo rate by 25 bps; to come out with fresh circular on resolution of bad loans
The RBI cut the retail inflation forecast to 2.9-3 percent for the first half of current fiscal, mainly due to lower food and fuel prices as well as expectation of a normal rainy season.
RBI likely to cut key rate by just 25 bps points; weakening economic growth, subdued inflation warrant larger reduction, opine analysts
The MPC could be reluctant to make a deeper cut in any case, as banks only reduced their lending rates by a token 5-10 basis points after the RBI’s last 25 bps cut in February.
RBI Monetary Policy 2019 Updates: Repo rate cut by 25 bps to 6%; central bank to issue revised NPA circular soon, says Shaktikanta Das
The RBI is likely to cut its policy interest rate by 25 basis points on Thursday, despite some analysts believing the country’s weakening economic growth
RBI to unveil this fiscal's first bi-monthly policy decision on Thursday; industry expects cut in key lending rate
The RBI's Monetary Policy Committee (MPC) will meet from 2 to 4 April for the first bi-monthly policy statement for 2019-20, the central bank said
RBI may go for 25 bps rate cut on 4 April amid global slowdown impacting domestic growth prospects, say experts
The RBI had reduced the repo rate by 25 basis points in February after a gap of 18 months
Fitch Ratings cut India's FY19 GDP growth forecast to 7.2 percent from 7.8 percent on 6 December.
Gold hovers near five-week lows as firm dollar, optimism over likely US-China trade deal dent appeal
Spot gold was up 0.2 percent to $1,288.46 per ounce, after slipping to $1,282.50 in the previous session, its lowest since 25 January.
Gold consolidates in tight range on Federal Reserve's monetary policy stance; palladium holds near peak
Spot gold was unchanged at $1,327.62 per ounce, moving in a narrow range of around $4, while US gold futures were flat at $1,329.40.
Reserve Bank governor Shaktikanta Das to meet bank heads on 21 February on transmission of rate cuts
Shaktikanta Das Monday said he will meet heads of public and private sector banks this week to discuss the transmission of interest rate cuts to borrowers.
RBI may surprise with another 25 bps repo rate cut in April as inflation falls further: Kotak Securities report
With retail inflation easing further to a 19-month low at 2.05 percent in January, the Reserve Bank may surprise with another 25 bps repo rate cut to 6 percent in the April policy, says Kotak Securities report
Inflation seen speeding up in January but still below Reserve Bank's target for sixth straight month: Poll
On Thursday, RBI caught financial markets off-guard by reducing its key policy rate by 25 basis points to boost growth and as inflation has remained benign
Knitwear exporters, realtors welcome RBI repo rate cut; say move to help boost investment growth, exports
The RBI on Thursday effected repo rate cut (at which RBI lends to banks) by 0.25 per cent to 6.25 percent, a move that will translate into softening interest rates.
RBI policy: Shaktikanta Das flags off RBI’s rate cut season ahead of 2019 polls; bye-bye dear ‘calibrated tightening’
The biggest take away from the RBI policy on Thursday is that this marks the beginning of a fresh rate cut cycle after a prolonged period of rate pause and the MPC wants the markets to understand that.
Daily Bulletin: Sabarimala case in SC; Trump delivers State of the Union address; fuel prices decline; day's top stories
Day's top stories: The Supreme Court will begin hearing review petitions against its September 2018 verdict on Sabarimala issue; Robert Vadra is likely to appear before ED in money laundering case; Donald Trump's State of the Union address will focus on issues like immigration, national security and trade and call for unity; and more.
RBI may change monetary policy stance; likely to move closer to rate cut in April as inflation stays below central bank’s target
While two-thirds of 65 economists expected the RBI to hold the repo rate at 6.50 percent, most respondents predicted the MPC would shift its stance to neutral, according to a Reuters poll.
Business groups urge RBI to cut interest rate by at least half a percentage point, lower cash reserve ratio
RBI Governor Shaktikanta Das, who took charge last month after the sudden exit of Urjit Patel, was presented with the requests when he met industry captains in Mumbai ahead of the next monetary policy meeting on 7 February.
Industry calls for rate cut by RBI as retail inflation drops to 18-month low of 2.19% in December 2018
"The continuing deceleration in the growth of WPI and softening of global fuel prices provide ample opportunity to MPC (monetary policy committee) to cut down policy rate at earliest which will kick start investment and revival in overall industrial growth," Assocham said.
Sensex rallies over 300 points, Nifty reclaims 10,800-mark in early trade; Yes Bank, Reliance, Infosys among biggest gainers
Sensex jumped 328.44 points, or 0.92 percent, to 36,182 in early trade.