Second Bi Monthly Policy Statement For Fiscal 2019 20

RBI cuts interest rates to 9-year low, expects banks to quickly lower home, auto loan EMIs

In a move that may lead to lower home, auto and other loan EMIs, the RBI Thursday cut interest rates for the third time this year by 25 basis points to their lowest level in nine years and signalled more easing as it looked to support an economy growing at the slowest pace since the BJP first came to power in 2014

RBI monetary policy: New NPA resolution norms in 3-4 days, says central bank governor Shaktikanta Das

The Reserve Bank will issue a revised circular on bad loan recognition within the next three-four days, replacing the 12 February circular that was struck down by the apex court

RBI cuts interest rates by 25 bps to 5.75% third time this year to boost growth; changes stance to accommodative

Slashing benchmark lending rates for the third time this year, the Reserve Bank of India cut its repo rate by 0.25 percent Thursday and said its future monetary policy stance will be more accommodative

RBI monetary policy: Central bank removes charges on RTGS, NEFT transactions; asks banks to pass on benefits to customers

The Reserve Bank of India (RBI) on Thursday said it has done away with charges on fund transfers through RTGS and NEFT routes to boost digital transactions and asked banks to pass on the benefits to customers

RBI cuts repo rate for third time in a row this year; other highlights of central bank's monetary policy statement

Slashing benchmark lending rates for the third time this year, the Reserve Bank of India cut its repo rate by 0.25 percent on Thursday and said its future monetary policy stance will be more accommodative

RBI monetary policy: Central bank raises retail inflation forecast for April-September 2019 to 3-3.1%

The Reserve Bank of India (RBI) on Thursday raised the retail inflation forecast marginally to 3-3.1 percent for the first half of the current fiscal, tracking uptick in food prices - mainly vegetables, albeit expectations of a normal monsoon this year

RBI monetary policy: Central bank lowers economic growth forecast to 7% for current fiscal

The Reserve Bank of India (RBI) on Thursday lowered the economic growth forecast for the current fiscal to 7 percent due to slowdown in domestic activities and escalation in a global trade war

RBI cuts repo rate by 25 bps to 5.75%: Full text of second bi-monthly policy statement for fiscal 2019-20

The RBI on Thursday cut key short-term lending (repo) rate by 25 bps to 5.75 percent at its Second bi-monthly monetary policy review of the ongoing fiscal