Repo Rate Cut

Rupee falls 34 paise to close at 75.95 against dollar; RBI rate cut booster dose fails to cheer investors

The Indian rupee slipped 34 paise to close at 75.95 against the US dollar on Friday as Reserve Bank''s fresh measures to alleviate economic distress failed to strike a chord with investors

Real estate players want banks to pass on benefit of rate cut to customers; demand one-time debt restructuring

Real Estate sector can act as a catalyst in resurrecting the economy, backed by stringent fiscal and non-fiscal measures," CREDAI President Satish Magar said in a statement.

Coronavirus Outbreak: RBI slashes benchmark lending rate by 40 bps; extends moratorium on loans for another 3 months

In an off-cycle meeting of the Monetary Policy Committee (MPC), the decision was taken unanimously to cut repo to support growth.

Sensex pares opening losses to turn positive in early trade, Nifty low; Repo rate cut fails to enthuse markets

After starting over 250 points lower, the Sensex made a U-turn to rise over 70 points to 31,005.19.

RBI announces calender of MPC meetings for FY21; next meet of rate-setting panel scheduled for 3-5 June

The Reserve Bank of India on Monday announced the calendar of the meetings of the Monetary Policy Committee (MPC) for the current financial year, and decision of the first meet will be announced on 5 June

RBI governor Shaktikanta Das to address media at 10 AM; may announce more liquidity measures

The RBI may also clarify if the three-moratorium applies to non-banking finance companies as well.

PNB, IOB cut lending rates by 75 bps effective today; PSBs to pass on repo rate cut benefit to their customers

State-owned banks Punjab National Bank (PNB) and Indian Overseas Bank on Tuesday announced a reduction in their lending rates linked to the repo rate by 75 basis points, effective 1 April

RBI likely to cut interest rates by 100 bps in FY21 to support growth, financial stability: Fitch Solutions

The RBI is likely to cut benchmark interest rate by another 100 bps in 2020-21 fiscal and continue to employ all policy tools at its disposal to support growth and financial stability to contain the impact of Covid-19 pandemic on the economy, Fith Solutions said Tuesday

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

Coronavirus Outbreak: GDP likely contract by 4.5% in Apr-Jun quarter; will grow by just 2% in 2020-21, says ICRA

Despite the Reserve Bank of India's (RBI) massive actions to spur the economy, India's gross domestic product (GDP) is likely to contract by 4.5 percent in the April-June 2020 quarter and will rise by only 2 percent in 2020-21 on the coronavirus impact, according to domestic rating agency ICRA