Tag: Reserve Bank
RBI Maintains Key Rates, But Eases Liquidity
Rising inflationary pressure and concerns over "fiscal slippage" prompted India's central bank, the RBI, on Wednesday to maintain its key lending rates.....
India's Wholesale Price Inflation Eases To 3.58% In December
India's annual rate of inflation based on wholesale prices eased to 3.58 per cent in December, official data showed on Monday.....
Rs 98 Crore Demonetised Currency Seized In Kanpur
Around Rs 98 crore in demonetised notes has been found in a businessman's house that was raided in Uttar Pradesh's Kanpur, police said on Wednesday. ....
Equities Trade Flat After RBI Keeps Lending Rates Unchanged
Key Indian equity indices on Wednesday traded on a flat note during the afternoon session after the Reserve Bank of India (RBI) kept its key lending rate unchanged. ....
RBI Hikes Repo Rate By 25 Basis Points To 6.25 Per Cent
Following a cycle of rate cuts begun in January 2015, the RBI on Wednesday raised its key interest rate for the first time by 25 basis points to 6.25 per cent, a central bank announcement said.....
RBI Hikes Key Lending Rate By 25 Basis Points To 6.5%
The Reserve Bank of India (RBI) on Wednesday raised its key benchmark lending rate by 25 basis point to 6.5 per cent in its third monetary policy review of 2018-19.....
RBI Keeps Policy Rate Intact; Stance Unchanged
In its penultimate monetary policy review of the current fiscal, the Reserve Bank of India (RBI) on Wednesday kept its key lending rate for commercial banks unchanged at 6.5 per cent for the second time in succession.....
RBI To Carefully Consider Liquidity Inducing Measures: Governor Das
Assuring adequate liquidity measures whenever the need arises RBI Governor Shaktikanta Das on Monday noted that liquidity should not become "loose money" and the apex bank would excercise the measures with caution.....
Finanace Ministry Positive On RBI Decsion, Change In Stance
The Finance Ministry is positive on the RBI monetary policy panel's decision to cut the repo rate by 25 basis points (effecting a third consecutive reduction in 2019 and the all important change in its stance from "neutral to accomodative"), which would pave the way for consideration by RBI for any further rate cut. ....
RBI Slashes Lending Rate By 35 Bps To 5.40%
The Reserve Bank of India on Wednesday broke with convention by reducing its key lending rates by 35 basis points which is expected to make home and auto loans cheaper and rev-up the economy by unleashing consumption.....
