Fri, Apr 05, 2024
RBI policy remained as expected... Good growth seen in Agri loans in FY24... Good recovery in corporate loan growth too... RBI advised to be cautious on consumer loans: Ashwini Tiwari, MD, SBI
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Nothing surprising in RBI policy? When is interest rate cut expected? Why was the emphasis in the policy on Monsoon? Know from market expert Ajay Bagga...
Zee Business's questions, RBI Governor's answers... Recently, RBI took action against two NBFCs... Is there any problem in the practice of the entire industry? Will RBI bring any new policy for NBFCs related to gold loan, capital market? What did the RBI Governor say? Listen here...
Wed, Aug 07, 2019
RBI’s repo rate cut was a major step for the Indian rupee, which is already facing headwinds due to geopolitical tensions, currency war and trade war among other factors.
Even after slowdown in global economy, gold price appreciation and geopolitical tension, the RBI managed to cut Repo Rates by 35 bps to 5.4 per cent and maintained its 'accomodative' stance.
RBI MPC Meeting: The Reserve Bank of India (RBI) has cut the Repo Rates by 0.35 per cent to 5.4 per cent.
The Reserve Bank of India on Wednesday cut the policy repo rate under the liquidity adjustment facility (LAF) by 35 basis points (bps) from 5.75 per cent to 5.40 per cent with immediate effect. In its third Bi-monthly Monetary Policy Statement, the RBI said that the reverse repo rate under the LAF stands revised to 5.15 per cent.
RBI is set to go for a rate cut to the tune of 25-50 bps as per industry experts? Why? Benign inflation risks, growth slowing down and pick up in monsoon in recent weeks are enough to warrant a repo rate cut.
Tue, Aug 06, 2019
RBI MPC Meeting: Real estate developers are demanding a 25-50 bps rate cut from Governor Shaktikanta Das as lower rates would entice homebuyers and thereby fuel home sales.
Mon, Aug 05, 2019
RBI MPC meeting started today and the market is rife with speculation that there would be at least another rate cut for the fourth time in a row.
Mon, Jul 08, 2019
FM Nirmala Sitharaman, RBI Governor ShaktiKanta Das address press conference post Meeting with RBI board today.
Reserve Bank Governor Shaktikanta Das on Monday, 8 July, said the central bank will discuss issuance of overseas sovereign bonds with the government.
Tue, Jun 25, 2019
With the launch of CMS, the processing of complaints received in the offices of Ombudsman and Consumer Education and Protection Cells (CEPCs) of the Reserve Bank has been digitalized, said the governor.
Tue, Jun 11, 2019
The move by RBI is certainly an encouraging one and it is likely to have a significant impact on India's cashless economy vision.
Fri, Jun 07, 2019
RBI has bagged a hatrick by trimming down the repo rate by total 75 basis points between February 2019 to June 2019 policy.
RBI's decision to adjust the Leverage Ratio could add a potential Rs 1 lakh crores to the lendable resources of the banks.
Thu, Jun 06, 2019
While addressing a press conference in Mumbai, RBI Governor Shaktikanta Das informed that RBI will not hesitate to take any measure which is required to maintain the financial stability of the system including, shot-term, medium-term and long term. He added, “We have already announced the formation of a separate cadre for regulation and supervision of banks and financial institutions and this is a major decision that has been taken to strengthen our regulations”.
In the briefing, Das also explained that, RBI is mandated to look after financial stability in economy.
India has finally witnessed a repo rate of 5.75%, which by the way, comes after 9 years. A lot has changed since 2010, when this rate was last applicable.
In last 3 monetary policies, overall 75 basis point cut has been made in repo rate.
NBFCs have hailed the RBI's Repo Rate cut decision and expect that it would help the government to address the liquidity crisis.
RBI's rate cut won't be enough to handle the liquidity issue until retail banks pass on the benefit to its customers, says market expert Ajay Bagga.
In fact, rupee reversed its Thursday's early opening trend, and strengthened against dollar benchmark commendably.
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