Rbi Rate-cut

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Rbi Rate-cut - Total results - 100
RBI announces repo rate cut, liquidity easing measures; economy requires stimuli, say analysts welcoming move
Business

RBI announces repo rate cut, liquidity easing measures; economy requires stimuli, say analysts welcoming move

Reserve Bank of India (RBI) Governor Shaktikanta Das's announcement of rate cuts, forbearance on loans and liquidity easing measures were welcomed by analysts who said the economy requires stimuli in the present circumstances

GDP growth slows to nearly 7-year low at 4.7% in Q3 on poor performance by manufacturing, construction sectors
Business

GDP growth slows to nearly 7-year low at 4.7% in Q3 on poor performance by manufacturing, construction sectors

GDP at Constant (2011-12) prices in Q3 of 2019-20 is estimated at Rs 36.65 lakh crore, as against Rs 35 lakh crore in Q3 of 2018-19, showing a growth rate of 4.7 percent," the NSO said.

RBI MPC starts deliberations on monetary policy review amid high expectations of yet another repo rate cut
Business

RBI MPC starts deliberations on monetary policy review amid high expectations of yet another repo rate cut

RBI Governor Shaktikanta Das-headed Monetary Policy Committee (MPC) on Tuesday started its three-day deliberations on the policy review amid high expectations of another round of reduction in the key policy rate to revive the sagging economy

RBI Monetary Policy: Central bank may cut interest rate for 6th time on 5 December, but no cure for economy's ills
Business

RBI Monetary Policy: Central bank may cut interest rate for 6th time on 5 December, but no cure for economy's ills

Five interest rate cuts since the start of the year hasn’t stopped India’s economy from slowing to its weakest growth rate since 2013, but the Reserve Bank of India (RBI) is expected to make its sixth cut on Thursday to give what little relief it can

Q2 GDP at 4.5%: With record-low nominal growth at 6.1%, economy is slipping to deeper pain; forget the $5-trillion target
Business

Q2 GDP at 4.5%: With record-low nominal growth at 6.1%, economy is slipping to deeper pain; forget the $5-trillion target

India’s Gross Domestic Product (GDP) for the July-September quarter has come at 4.5 percent, the lowest growth in at least six-and-half years or in 26 quarters and even worse than the first quarter when the economy grew at 5 percent

Q2 GDP growth plunges to over six-year low at 4.5% on deceleration in manufacturing, agriculture, construction sector
Business

Q2 GDP growth plunges to over six-year low at 4.5% on deceleration in manufacturing, agriculture, construction sector

India's GDP growth dropped to a six-and-half-years (26-quarter) low of 4.5 percent in the July-September quarter of 2019-20 due to a sharp deceleration in the manufacturing sector and sluggish agriculture, construction sector output, according to official data released on Friday

RBI to cut rates by 40 bps by February despite high inflation: BofA Merrill Lynch
Business

RBI to cut rates by 40 bps by February despite high inflation: BofA Merrill Lynch

Headline inflation is bound to rise further to 5 percent for November, but despite the pinch in price rise, the Reserve Bank will go for two consecutive rate cuts on growth concerns, a report said on Thursday

India's GDP likely to grow 4.2% in Q2, says SBI research report; cuts FY20 full year growth to 5%
Business

India's GDP likely to grow 4.2% in Q2, says SBI research report; cuts FY20 full year growth to 5%

An SBI research report on Tuesday sharply cut the country's GDP growth forecast to 5 percent for FY 2019-20 from the earlier projection of 6.1 percent

Rupee ends flat at 70.88 against dollar after RBI rate cut; local currency slumps 32 paise over a week
Business

Rupee ends flat at 70.88 against dollar after RBI rate cut; local currency slumps 32 paise over a week

The rupee on Friday closed almost flat at 70.88 against the US dollar after the Reserve Bank of India in a widely expected move cut key interest rates by 0.25 percentage point

Sensex drops over 200 points as RBI cuts GDP forecast, bank stocks tank; rupee pares early gains
Business

Sensex drops over 200 points as RBI cuts GDP forecast, bank stocks tank; rupee pares early gains

Equity benchmark BSE Sensex dropped over 200 points in afternoon session on Friday, after the RBI sharply cut the country's economic growth projection for this fiscal to 6.1 percent from 6.9 percent

Finance Ministry to hold review meeting with public sector banks today to discuss various issues
Business

Finance Ministry to hold review meeting with public sector banks today to discuss various issues

Finance Minister Nirmala Sitharaman will hold a review meeting with public sector banks (PSBs) on Thursday to discuss various issues, including follow up on transmission of monetary policy rates

Home, auto loans set to become cheaper after RBI cuts interest rate; growth likely to pick up in fourth quarter
Business

Home, auto loans set to become cheaper after RBI cuts interest rate; growth likely to pick up in fourth quarter

RBI Governor Shaktikanta Das, at a media briefing, said banks have reduced their interest rates on fresh rupee loans by only 29 basis points so far as against 75-basis point cut prior to Wednesday's reduction.

Firstpost Editor's Picks: Article 370 revoked in Jammu and Kashmir, Sushma Swaraj passes away, RBI's rate cut; today's must-read stories
India

Firstpost Editor's Picks: Article 370 revoked in Jammu and Kashmir, Sushma Swaraj passes away, RBI's rate cut; today's must-read stories

Firstpost Editor's Picks: Article 370 revoked in Jammu and Kashmir, Sushma Swaraj passes away, RBI's rate cut; today's must-read stories

RBI monetary policy: Central bank's decision to cut rate by 35 bps a bold step; move will accelerate slowing economy: Experts
Business

RBI monetary policy: Central bank's decision to cut rate by 35 bps a bold step; move will accelerate slowing economy: Experts

The RBI maintained its “accommodative” stance but said further rate reductions would depend on the level of inflation.

With a 35 bps rate cut bonanza, Reserve Bank of India gifts Centre what it has been asking for; what now?
Business

With a 35 bps rate cut bonanza, Reserve Bank of India gifts Centre what it has been asking for; what now?

By gifting an unconventional 35 bps rate cut, the MPC has delivered what the government wanted

RBI Monetary Policy August 2019: Governor Shaktikanta Das says will ensure there is sufficient liquidity available for economy
Business

RBI Monetary Policy August 2019: Governor Shaktikanta Das says will ensure there is sufficient liquidity available for economy

RBI Monetary Policy August 2019; LIVE updates: There is no cartelisation by banks in holding onto higher lending rates, says Shaktikanta Das

RBI's Monetary Policy Committee meeting starts with expectation of another repo rate cut
Business

RBI's Monetary Policy Committee meeting starts with expectation of another repo rate cut

The Monetary Policy Committee headed by RBI Governor Shaktikanta Das on Monday started deliberations on the third bi-monthly policy review of the current financial year, amid expectations of yet another 25 basis points cut in lending rate to boost the slowing economy

RBI to cut rates again in August for fourth month in a row as doves prevail, predicts poll
Business

RBI to cut rates again in August for fourth month in a row as doves prevail, predicts poll

The last time the RBI delivered so many back-to-back cuts was after the global financial crisis over a decade ago

Bank of Maharashtra reduces one-year MCLR by 10 bps to 8.60% post RBI repo rate cut
Business

Bank of Maharashtra reduces one-year MCLR by 10 bps to 8.60% post RBI repo rate cut

A day after the RBI cut the key repo rate, public sector Bank of Maharashtra Friday announced to cut the benchmark one-year MCLR by 0.10 percent to 8.60 percent