Rbi Rate Cut

RBI Sees Room For Rate Cuts, Await Clarity On Inflation, Minutes Show

Business | Reuters | Thursday December 19, 2019

The Reserve Bank of India unexpectedly left its key repo rate unchanged earlier this month, even as it slashed its forecast for economic growth to its lowest in over a decade.

RBI Saw Slowdown, Acted Ahead Of Time By Cutting Rates: Shaktikanta Das

Business | Press Trust of India | Monday December 16, 2019

The RBI chief hoped that the US-China truce on trade tariffs, announced over the weekend, would last as he pitched for coordinated efforts to push global growth

Reserve Bank Of India February Rate Cut On A Knife's Edge: Poll

Business | Reuters | Wednesday December 11, 2019

With economic growth at its weakest in over six years, 49 per cent of economists, 33 of 67, in a snap poll taken after the Monetary Policy Committee's decision, predicted that would be a temporary pause and another cut would come in February.

RBI Keeps Repo Rate Unchanged At 5.15%; Lowers Growth Forecast

Business | Edited by Peter Noronha | Thursday December 5, 2019

The repo rate - which is the interest rate at which the RBI lends short-term funds to commercial banks - stays at 5.15%.

RBI Keeps Repo Rate Unchanged In Surprise Move, Sharply Lowers GDP Forecast: 10 Points

Business | Edited by Sandeep Singh (with inputs from agencies) | Thursday December 5, 2019

The Reserve Bank of India (RBI) kept its key lending rate unchanged in a shock decision on Thursday and sharply revised its forecast for the economy to project the weakest growth in seven years. The RBI's monetary policy committee led by its Governor Shaktikanta Das voted to hold the repo rate at 5.15 per cent. The central bank lowered its GDP grow...

Sensex, Nifty Likely To Open Lower Ahead Of RBI Decision

Business | Edited by Sandeep Singh (with inputs from agencies) | Thursday December 5, 2019

Analysts will closely monitor the decision and commentary by the Reserve Bank of India due at 11:45 am.

RBI May Announce 6th Straight Rate Cut, Revise Growth Forecast: Analysts

Business | Anirban Nag, Bloomberg | Thursday December 5, 2019

The RBI has cut borrowing costs by 135 basis points so far in 2019 to a nine-year low of 5.15 per cent. The meeting of the six-member Monetary Policy Committee (MPC) led by Governor Shaktikanta Das, who completes one year in office next week, comes amid deepening concerns about growth, financial stability and weak public finances.

RBI's Fifth Policy Statement Of 2019-20 Due Today. Here's What To Expect

Business | Edited by Sandeep Singh | Thursday December 5, 2019

The Reserve Bank of India's Monetary Policy Committee will today release the outcome of its sixth bi-monthly review meeting under Governor Shaktikanta Das. Many economists expect the central bank to deliver one more rate cut in the current monetary policy easing cycle, despite consumer inflation breaching its medium-term target of 4 per cent for th...

RBI Likely To Cut Key Lending Rates By 0.25%: Poll

Business | Reuters | Tuesday December 3, 2019

Annual retail inflation rose to 4.62% last month, climbing above 4% for the first time in 15 months and up from 3.99% in September.

RBI's 6th Consecutive Rate Cut Likely This Week After Latest GDP Shock

Business | Anirban Nag, Bloomberg | Monday December 2, 2019

The RBI will deliver its rate decision on December 5, days after a report showed growth collapsed to 4.5 per cent in the July-September quarter, the first time it's been below 5 per cent since 2013.

RBI May Cut Interest Rates Again To Support Growth: Experts

Business | Press Trust of India | Sunday December 1, 2019

In five reductions so far in 2019, interest rates have been lowered by a total of 135 basis points over concerns that growth momentum is slowing down and also to try to boost liquidity in the financial system.

RBI To Cut Rates In December, But Still No Respite For Economy: Poll

Business | Reuters | Tuesday November 26, 2019

The economy expanded 5.0 per cent in the April-June quarter on a year earlier, its slowest annual pace since 2013, and was expected to grow 4.7 per cent last quarter.

India's Economic Growth May Tank Below 5% To A New Low, Predict Analysts

Business | Vrishti Beniwal, Bloomberg | Wednesday November 20, 2019

Growth of 4.2 per cent would be the lowest since authorities adopted a new base year for gross domestic product data in 2012.

RBI Signals Scope For More Rate Cuts To Push Growth

Business | Reuters | Friday October 18, 2019

Retail inflation rose close to the central bank's medium-term target of 4 per cent in September for the first time in 14 months but is expected to remain well within the mandated 2-6 per cent band until first quarter of 2020-21 as per RBI projections.

Next Monetary Policy Meet May Take Call On Lower Repo Rate: Shaktikanta Das

Business | Indo-Asian News Service | Tuesday October 8, 2019

The Governor was responding to queries that if the RBI may reach near about 5 and 4.75 per cent, which is historically low, there is no space to go beyond that.