Category: RBI–Banks

Fixed deposits in banks and administered savings schemes such as the Public Provident Fund (PPF) are losing their sheen, making the case for people to

Reserve Bank of India’s monetary policy committee (MPC) yesterday lowered its policy interest rate by a quarter of a percentage point, the first change in

RBI monetary policy review for August 2017: RBI and the MPC have cut repo rate by 25 basis points to 6%. With industrial activity subdued

Given how often, and by how much, RBI has got its inflation forecasts wrong—recall CEA Arvind Subramanian’s statement of projections that were “large and systematically

There has been a liquidity overhang in the banking system for quite some time. In addition, inflation rates could also rise in the coming months.

The Reserve Bank of India (RBI) on Wednesday cut its repo rate by 25 basis points to six per cent for the first time since

In its third bi-monthly review of monetary policy for 2017-18, the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) did precisely what

The Reserve Bank of India cut its policy rate on Wednesday by 25 basis points to 6 percent, the lowest since November 2010, as slumping

The MPC could have done much better to spur a tepid economy The Monetary Policy Committee has finally cut the overnight lending rate, or repo

What level of interest rate reduction would have been ‘just right’ for banks and the economy, is an open question Given the fall in retail

Meaningful transmission may not happen as banks’ margins are already under pressure After a long pause and much clamour, the RBI finally cut its policy

India’s biggest commercial bank, State Bank of India, has reduced savings bank deposit rates, signalling lower term deposit rates as well. The RBI is likely

The interest rate cut on savings deposits by the country’s largest bank, State Bank of India (SBI), would have a positive implication on its margins