Projected growth rate at 20-25 per cent in FY14: Magma Fincorp
May 23, 2013
Do not expect more rate cuts from RBI: Indranil Pan
May 15, 2013
Why home loan rates are not coming down despite RBI cut?
May 14, 2013
Inflation below 5 per cent after over 3 years
May 14, 2013
RBI to take steps to check excessive volatility in currency market
Friday May 24, 2013
Amid the rupee nearly touching a 9-month low against the US dollar, the Reserve Bank of India (RBI) said on Friday that it will continue to take steps to check excessive volatility in the currency market.
RBI plans to ease hedging norms for exporters, importers
Friday May 24, 2013
Padmanabhan did not explain why the RBI was contemplating taking this measure. In July, RBI had allowed only exporters to cancel and rebook forward contracts up to 25 per cent of hedged exposure.
Subbarao went against suggestion of no repo rate cut in May: panel
Thursday May 23, 2013
Reserve Bank of India governor Duvvuri Subbarao went against the suggestion of a majority of external members of the apex bank's monetary policy committee that recommended no change in repo rate at the annual monetary policy statement for 2013-14 on ...
Physical gold market awaits fresh import guidelines
Wednesday May 22, 2013
Indian gold prices rose half a per cent on Wednesday to extend gains for another session but the physical market remained muted, awaiting fresh guidelines from the Reserve Bank of India (RBI) after restrictions were placed on consignment imports.
Foreign investors may buy inflation-linked bonds: RBI official
Monday May 20, 2013
Foreign investors will be able to buy inflation-linked bonds within the existing total investment limits of up to $25 billion for government debt, a senior Reserve Bank of India (RBI) official said on Monday.
RBI likely to cut policy rates at its June 17 meet, say experts
Sunday May 19, 2013
Taking a cue from the continued downward surprises in inflation and sluggish growth indicators, the Reserve Bank of India (RBI) is likely to go for further monetary easing in its June 17 policy meet, global investment banking majors have said.
Economic model should be improved to forecast GDP: Planning Commission Member
Sunday May 19, 2013
Concerned over the widening difference between growth projections and actual realisations, the Planning Commission has made a case for improving the economic model to project gross domestic product (GDP).
RBI can buy $9 billion more forex from market: Bank of America-Merrill Lynch
Thursday May 16, 2013
The Reserve Bank, which had bought $840 million of forex in March in an effort to shore up the reserves after a two-year hiatus, has leg room to snap up $9 billion more from the market, brokerage Bank of America Merrill Lynch (BofA-ML) said in a repo...
Rate cut expectations rise after inflation surprise
Thursday May 16, 2013
In a fresh poll, seven out of 14 economists who had earlier said the Reserve Bank of India would not ease policy at a June 17 meeting now do expect a cut in the repo rate.
Nifty rises to 30-month high; banks, MSCI additions rally
Thursday May 16, 2013
The Nifty rose to its highest level in 2-1/2 years on Thursday, as lenders continued to rally on bets the RBI would cut interest rates, while four additions to the MSCI India index, including Wockhardt, also rallied.
Oriental Bank may cut home, auto loan rates
Thursday May 16, 2013
The bank cut deposit rate on 91-179 days by 0.25 per cent and on 180-269 days by 0.50 per cent.
Top 10 stocks to track in trade today
Thursday May 16, 2013
The Sensex surged 2.5 per cent on Wednesday to its highest close since January 2011 as lenders such as HDFC Bank rallied after the RBI governor said he had taken note of falling inflation, reinforcing bets about future rate cuts. Market analyst Sarve...
RBI to cut rates by 25 bps each in June, July: BofA-ML
Wednesday May 15, 2013
The investment bank cites lower-than-expected wholesale price inflation data on Tuesday as the reason behind its expectations of early rate cuts.
RBI to take note of falling inflation in next policy review
Wednesday May 15, 2013
The headline wholesale inflation fell to 41-month low in April, dropping within the central bank's comfort zone of less than 5 per cent and fuelling market hopes for more monetary easing to revive sagging economic growth.
RBI to begin sale of inflation-indexed bonds on June 4
Wednesday May 15, 2013
The principal will be indexed to the wholesale price index with a four-months lag, while the coupon will remain fixed, the central bank said.