Banking stocks up ahead of RBI policy review on rate cut hopes
Fp Archives • 12 years agoLenders rose on Monday as investors bet on a rate cut in Friday's RBI rate review, with growing hopes of a chunkier 50 bps cut or a lowering of the cash reserve ratio.
Raghuram Rajan's first policy review clouded by inflation, US fed meet
Fp Archives • 11 years agoIn a reminder of the economic pressures facing the RBI, wholesale inflation data on Monday is expected to show price pressures at a six-month high.
RBI happy with inflation, another rate cut soon?
Fp Archives • 12 years agoReserve Bank of India has said it would take into account falling inflation while deciding on policy initiative in its review next month
Falling inflation will raise scope for further rate cut, says FM
Fp Archives • 12 years agoAccepting Reserve Bank's stance on policy rate for what it is, Finance Minister P Chidambaram today expressed hope that declining inflation would increase the scope for rate cut by the central bank.
RBI cuts rate for now, but says further reductions not a given
Fp Staff • 12 years agoThe Reserve Bank of India today cut the policy rate by and expected 25 basis points to 7.25 percent but cautioned that there is only little space to further monetary easing. It also projected a bearish 5.7 percent GDP growth for 2013-14.
As it happened: CAD key to policy stance; not giving ultimatum to govt, says Subbarao
Rajesh • 12 years agoWill the stock market's enthusiasm be misplaced? Will the RBI play the party pooper?
EMIs to come down as banks will cut lending rates soon
Fp Archives • 12 years agoBorrowers can now look forward to their EMIs coming down soon as leading bankers today said they will pass on the benefit of RBI reducing its short-term lending rate and cash reserve ratio to customers.
FM to address RBI board on Friday
Fp Archives • 12 years agoFinance Minister P Chidambaram will address the Central Board of the Reserve Bank in a customary post-Budget meeting here on Friday.
RBI unlikely to budge on rate cut yet; CRR may be slashed again
Fp Editors • 12 years agoEconomists are near unanimous this time around in ruling out a rate cut by the Reserve Bank of India when it reviews its monetary policy on Tuesday.
Bankers pitch for rate cut in RBI policy review next week
Fp Archives • 12 years agoBuoyed by fall in inflation, bankers have stepped up their demand for a cut in interest rate by the Reserve Bank in its mid-quarter review of monetary policy on Tuesday.