Recent Highlights
All Stories for Rbi Mpc Meet
RBI likely to cut key rate by just 25 bps points; weakening economic growth, subdued inflation warrant larger reduction, opine analysts
• 6 years agoThe 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.
Sensex rises over 150 points above 39,000-level, Nifty above 11,750-mark in early trade; banking, auto stocks gain
• 6 years agoSensex on Tuesday settled at 39,056.65, 184.78 points or 0.48 percent higher, marking its highest-ever closing.
Rupee slips 48 paise to 71.73 against dollar in early trade ahead of RBI policy review meet
• 7 years agoForex traders said strengthening of the US dollar against some currencies overseas weighed on the local unit.
Sensex crashes 550 points to close below 36,000-mark on rupee woes, rising crude concerns; Nifty down 150 points
• 7 years agoThe BSE benchmark Sensex plunged over 550 points Wednesday to slip below the 36,000-level after the rupee collapsed to a new life-time low amid surging crude oil prices and unabated foreign fund outflows.
State Bank of India raises interest rate on FDs by up to 0.1% ahead of RBI Monetary Policy Committee meet
• 7 years agoThe increase in interest rate is effective 30 July, according to notification on the bank's website.
RBI advances Monetary Policy Committee meeting by a day to 4 June, increases duration to 3 days
• 7 years agoThe six-member MPC, headed by the RBI governor, sets the benchmark interest rate.