Day: February 8, 2019

Despite incessant demand from a section in the finance ministry, corporates, as well as banks for some leniency in the February 12, 2018 circular that

According to RBI, global financial markets began the year on a calmer note after a turbulent December. The six-member Monetary Policy Committee (MPC), headed by RBI Governor Shaktikanta

The UO can also offer fund management and other consultancy services. RBI has proposed to set up an umbrella organisation for urban cooperative banks (UCBs) to make them

On the face of it, the Monetary Policy Committee’s decision to lower the repo rate by 25 basis points makes perfect sense. After all, inflation

In his maiden monetary policy review briefing, Reserve Bank of India Governor Shaktikanta Das outlined the Monetary Policy Committee’s (MPC) decisions that would please almost everyone — from the average home loan borrower to

Almost every analyst was expecting a change in the Reserve Bank of India’s (RBI) monetary policy stance from “calibrating tightening” to “neutral”, and all six members of

The decision to lower rates by 25 basis points (bps) does come as a surprise though the change in stance was on expected lines. Quite

Having a new Governor at the helm of the Reserve Bank of India seems to have wrought a sea change in the Monetary Policy Committee’s

As many as 32 economists out of the 43 surveyed by a news agency a day before expected the MPC of RBI to keep the

Despite concern over the fiscal deficit and sticky core inflation, the RBI chose to surprise markets and cut its key policy repo rate — at which banks

Barely four months after the Reserve Bank of India switched its monetary policy stance to one of ‘calibrated tightening’, signalling interest rates were set to

In the very first Monetary Policy Committee meeting under him, RBI Governor Shaktikanta Das has delivered for the Narendra Modi government what his predecessor Urjit

Taking the street by surprise, the Reserve Bank of India on Thursday cut the key interest rate after inflation cooled and also gave a sanguine

Interest rates on both deposits and loans may be on a slide over the next few months for the hoi polloi. If banks begin to