Rbi Rate Cut

Consumer Inflation Eases To 3.15% In July

Business | Edited by Sandeep Singh | Tuesday August 13, 2019

The RBI projects retail inflation at 3.1% in the second quarter and 3.5-3.7% in the second half of the current financial year.

RBI Delivers 4th Straight Rate Cut, Lowers Growth Forecast: 10 Points

Business | Written by Sandeep Singh | Wednesday August 7, 2019

The Reserve Bank of India on Wednesday announced its decision to cut the repo rate by 35 basis points, marking the fourth straight reduction in its scheduled bi-monthly reviews so far this year. All six members of Governor Shaktikanta Das-led Monetary Policy Committee voted for a reduction in the repo rate - the key interest rate at which the RBI l...

RBI Rate Cut: Rupee Slips To Near 71 Against Dollar Amid Volatility

Business | Press Trust of India | Wednesday August 7, 2019

The RBI cut key interest rate for the fourth consecutive time, as it reduced repo rate by 35 basis points to 5.40% to boost the slowing economy.

RBI Stays "Accommodative" With Rare 35 Basis-Point Cut to Spur Economy

Business | Anirban Nag, Bloomberg | Wednesday August 7, 2019

The Monetary Policy Committee kept its stance accommodative, which means rate increases remain off the table.

RBI Cuts Repo Rate For Fourth Time This Year, EMIs Set To Get Lower

Business | Written by Abhishek Vasudev | Wednesday August 7, 2019

The last time the Reserve Bank of India made so many back-to-back repo rate cuts was after the global financial crisis over a decade ago.

RBI Seen Delivering Its Fourth Straight Rate Cut Today: 10 Things To Know

Business | Edited by Sandeep Singh | Wednesday August 7, 2019

The Monetary Policy Committee, led by Reserve Bank of India Governor Shaktikanta Das, is widely expected to announce further easing of monetary policy in its third bi-monthly statement of the current financial year. Today's policy review comes after three cuts of 25 basis points (0.25 percentage point) each in the repo rate - or the key interest ra...

Reserve Bank Of India Seen Set For Fourth Interest Rate Cut Of 2019

Business | Thomson Reuters | Friday August 2, 2019

Almost 80 per cent of 66 economists surveyed by Reuters expected the RBI to cut its benchmark repo rate by 25 bps.

RBI May Cut Rates By Another 25 Basis Points In 2019: Fitch

Business | Thomson Reuters | Monday June 17, 2019

The RBI cut the repo rate to 5.75 per cent on June 6, its third cut in 2019, while also changing its policy stance to "accommodative"

RBI Cuts Key Interest Rate By 0.25%, Here's What Experts Say

Business | Thomson Reuters | Thursday June 6, 2019

The six-member monetary policy committee (MPC) cut the repo rate to 5.75% as predicted by 44 of 66 analysts polled by Reuters last week.

Rupee Pares Most Early Losses Post RBI Rate Cut

Business | Press Trust of India | Thursday June 6, 2019

Forex traders said, foreign fund outflows and rising crude oil prices also kept pressure on the rupee. Moreover, heavy selling in domestic equities also weighed on the local unit.

"Glad RBI Governor Has Shakti In His Name": Anand Mahindra After Rate Cut

India News | Edited By Debanish Achom | Thursday June 6, 2019

The policy rate cut for a third time this year by the powerful Monetary Policy Committee under the leadership of RBI Governor Shaktikanta Das has won praise from industrialist Anand Mahindra - along with a compliment on the significance of the word "Shakti" or power.

"Please Keep Them Coming": Nirmala Sitharaman On Feedback From Public

India News | Edited By Debanish Achom | Thursday June 6, 2019

Newly minted Finance Minister Nirmala Sitharaman today tweeted to show her appreciation for the huge volume of feedback she has been receiving ahead of the full Union Budget presentation on July 5. "...Please keep them coming," she tweeted.

RBI Cuts Rate To Lowest In 9 Years To Boost Growth, Loans May Get Cheaper

Business | NDTV Profit Team | Thursday June 6, 2019

The Reserve Bank of India's Monetary Policy Committee (MPC), led by Governor Shaktikanta Das, on Thursday unanimously lowered key lending rate or repo rate by 25 basis points or 0.25 per cent to 5.75 per cent. The six-member committee also changed the policy stance to "accommodative" from "neutral". Repo rate is the interest rate at which commercia...

What To Expect From Shaktikanta Das-Led Monetary Policy Committee Today

Business | NDTV Profit Team | Thursday June 6, 2019

The Monetary Policy Committee, headed by RBI Governor Shaktikanta Das, will conclude its second bi-monthly review of the current financial year today. While many analysts expect the six-member panel to decide on a 25-basis-point cut in repo rate, some expect an even bigger reduction. Currently, the repo rate - which is the key interest rate at whic...

A Recap Of RBI Key Interest Rate Changes In Past One Year

Business | NDTV Profit Team | Wednesday June 5, 2019

RBI interest rate: While many economists expect the six-member panel to announce a reduction in repo rate, analysts will keenly look out for any steps to prop up growth, after official data put India's GDP growth behind China's in the March quarter. Under its current governor, Shaktikanta Das, the central bank has cut the repo rate by 25 basis poi...