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India Inc steps up demand for cut in interest rates India Inc steps up demand for cut in interest rates Fall in inflation rate to over 3- year low, India Inc Tuesday stepped-up the demand for cut in interest rates by the Reserve Bank to boost industrial production and revive the country's economic growth.
RBI listens to RBI listens to "silent voices" hurt by inflation: Subbarao He said RBI was sensitive to the people who say interest rate must be brought down.
Brazil cuts interest rates on small business loans Brazil cuts interest rates on small business loans Brazilian President Dilma Rousseff has announced here a reduction in the interest rate on public loans for owners of small businesses from 8.0 percent to 5.0 percent.
RBI unlikely to cut interest rate on June 17: Experts RBI unlikely to cut interest rate on June 17: Experts The Reserve Bank is not likely to go for further monetary easing in its June 17 policy meet due to upside risks on inflation and current account deficit in the near term, experts say.
Scope for rate cut, monetary easing limited: RBI Scope for rate cut, monetary easing limited: RBI Striking a hawkish tone, RBI Thursday said the scope for reducing interest rate is limited in view of high retail inflation and current account deficit (CAD) even as India Inc clamours for rate cut to boost growth.
Indian Bank revises FCNR(B) deposit interest rates Indian Bank revises FCNR(B) deposit interest rates Indian Bank has revised its interest rates on foreign currency non-resident (banking) term deposits with immediate effect.
Rise in real interest rate to boost bank deposits: DeutscheBank Rise in real interest rate to boost bank deposits: DeutscheBank Real interest rate is likely to rise in the current year due to the falling inflation and steep correction in gold prices, prompting investors to park money in bank deposits, says a report by Deutsche Bank.
India Inc expects RBI to cut interest rate by 0.50% India Inc expects RBI to cut interest rate by 0.50% India Inc expects the Reserve Bank to cut interest rate by at least 0.5 percent in its annual monetary policy on May 3 to boost sagging growth which slipped to decade's low of 5 percent in 2012-13.
‘RBI likely to ease policy rate by 0.25% on May 3’ ‘RBI likely to ease policy rate by 0.25% on May 3’ The Reserve Bank is likely to cut rates by 0.25 percent in its monetary policy review on May 3, driven by falling inflation levels and recent declines in the prices of oil, gold, and the trade deficit, according to a Barclays report.
IDBI Bank Q4 net dips 28% to Rs 554 cr IDBI Bank Q4 net dips 28% to Rs 554 cr The bank had net profit of Rs 770.79 crore in the same period last year, IDBI Bank said in a filing to the Bombay Stock Exchange (BSE).
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