Tag: RBI
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.....
November Inflation Up At 4.88%, Factory Output Growth Dips
A sharp spurt in food and fuel prices pushed India's annual retail inflation in November over the RBI's median level of 4 per cent, even as factory output growth in October contracted to 2.2 per cent official data showed on Tuesday.....
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.....
Banks Will Decide If To Lower Interest Rates: Jaitley
Sounding a note of caution on the inflationary impact of rising global crude oil prices ahead of the RBI's final monetary policy review of the fiscal, Finance Minister Arun Jaitley on Monday said that lowering interest rates is a decision entirely in the domain of banks.....
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. ....
Indian Rocket Successfully Puts Into Orbit Navigation Satellite
India early on Thursday put into orbit navigation satellite IRNSS-1I, a part of Indian satellite navigation system NavIC in copy-book style.....
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.....
Most NPAs Originated In 2006-08, Banks To Blame: Raghuram Rajan
Former RBI Governor Raghuram Rajan has said that a big number of non-performing assetes (NPAs) originated in 2006-08 when India's economic growth was strong while some banks proved inadequate in making proper due diligence....
RBI Looked The Other Way When Banks Lent Freely, Ran Up NPAs: Jaitley
Finance Minister Arun Jaitley on Tuesday held the central bank responsible for the mountain of bad loans, saying the Reserve Bank looked the other way when banks lent indiscriminately during 2008-14 to keep the economy humming.....
