RBI leaves key interest rates unchanged in rupee battle; tone dovish
Mumbai: The RBI left interest rates unchanged on Tuesday as it supports a battered rupee but said it will roll back recent liquidity tightening measures when stability returns to the currency market,
Loans won’t be cheaper
Mumbai: The quarter per cent reduction in repo rate by the RBI on Tuesday is not likely to bring down interest rates on home loans, personal loans or car loans.
The central bank in its mid-quarter mo
RBI cites difficulties in interest rate cut
Mumbai: RBI today spoke of difficulties in effecting an interest rate cut as it kept its option open in its quarterly monetary policy tomorrow citing high inflation and widening current account defic
SBI cuts interest rates by 0.25% on deposits of 5 years and more
State Bank of India (SBI) on Thursday lowered interest rates on domestic term deposits of maturity of five years and more by 0.25 per cent to 8.50 per cent.
"The bank has decided to revise downwar
RBI may cut CRR, repo by 0.25%: Bankers
The Reserve Bank may cut interest rate by about 0.25 per cent and release more liquidity in its annual credit policy on Tuesday in the light of sagging factory output and moderation in economic gro
RBI rate hike not to impact inflation in short-term: Pronab Sen
Ahead of the Reserve Bank of India’s (RBI) mid-year credit policy review on Tuesday, a senior Plan panel official on Monday said the interest rate hike will not have any bearing on either inflation or
RBI rate hike not unreasonable, says Montek
The Planning Commission today said that the decision of the Reserve Bank to raise interest rates by 25 basis points is not unreasonable and a signal to bring inflation under control.
"RBI is signalin
Auto industry says it is shocked at RBI rate hike
The auto industry expressed shock at the Reserve Bank's decision to hike key policy rate by 25 basis points today, saying the move will further dampen the already cringing demand and hit sales this fe
State Bank of India hints at rate hikes
The nation's largest lender State Bank of India (SBI) on Thursday hinted at increasing both its lending as well as deposit rates following the recent 50 basis points tightening by the Reserve Bank of
SBI raises lending rates by 50 basis points
Country's largest bank State Bank of India (SBI) on Thursday raised lending rates by 50 basis points, making its home, auto and corporate loans costlier.
The bank revised the base rate, or the minim