LIVE RBI Monetary Policy Review: Part of investigative team looking into Panama leaks, says Raghuram Rajan

By Archana Khatri Das | Last Updated: Tuesday, April 5, 2016 - 11:54

Zee Media Bureau

The Reserve Bank of India on Tuesday slashed repo rate by 0.25 percent to 6.50 percent in its first bi-monthly monetary policy review.

But in a surprise move, the RBI also raised the reverse repo - or the rates lenders charge to the central bank - by 0.25 percent to 6 percent, while taking measures to ensure more availability of cash in the banking system.




5 April 2016, 11:54 AM

Minister of State for Finance Jayant Sinha: Rate cut good stimulus for economy

5 April 2016, 11:47 AM

RBI Gov: We have no intent to publish willful defaulter list

RBI Gov: Release of loan defaulter list would result in undue anxiety and panic and would impact business

RBI Deputy Gov: RBI along with CBDT, ED, FIEO involved in Panama Papers leak investigation.

5 April 2016, 11:33 AM

RBI: expect CPI inflation to be around 5% in 2016-17

RBI Gov: Have cut rates by 150 basis points since the easing cycle began

RBI Gov: May sell some domestic assets to make room for foreign assets




5 April 2016, 11:32 AM

RBI Governor Raghuram Rajan: Act of default sometimes not because of ones own mistake

5 April 2016, 11:32 AM

RBI Gov: It is important that investigation (against loan defaulters) not done through the press

RBI Gov: If banking sector has suffered, it does not necessarily mean that corruption was involved


5 April 2016, 11:30 AM

RBI Governor Raghuram Rajan:Hope to see significant monetary transmission 

RBI Gov: If the monsoon is not good, then obviously that will imply some reduction ( in growth estimate)

5 April 2016, 11:28 AM

RBI Governor Raghuram Rajan: Rate cut sensible given the status of economy

RBI Governor Raghuram Rajan: Large bank loans to particular (business) groups need to come down in time


5 April 2016, 11:21 AM

RBI Gov Raghuram Rajan: We are part of investigative team that is looking into Panama Papers leak

5 April 2016, 11:20 AM

RBI deputy gov: Impact of 7th Pay Commission will be slightly lagged

5 April 2016, 11:13 AM

RBI Governor Raghuram Rajan: Good monsoon, fall in core inflation to give room for rate cut

5 April 2016, 11:12 AM

RBI Governor Raghuram Rajan: Have narrowed interest rate corridor

5 April 2016, 11:11 AM

RBI Governor Raghuram Rajan: Need to maintain liquidity deficit no longer there

5 April 2016, 11:10 AM

RBI Governor Raghuram Rajan: Guidelines for licenses for universal banks to come in the coming week

5 April 2016, 11:09 AM

RBI Governor Raghuram Rajan: Process of cleaning up of balance sheets of banks on the way

5 April 2016, 11:08 AM

RBI Governor Raghuram Rajan: Monetary policy stance is accommodative

5 April 2016, 11:06 AM

RBI Governor Raghuram Rajan:  Borrowing is significantly cheaper and will continue to be so

5 April 2016, 11:06 AM

The Bank Rate which is aligned to the MSF rate also stands adjusted to 7.0 percent. 

5 April 2016, 11:05 AM

The reverse repo rate under stands adjusted to 6.0 percent, and the marginal standing facility (MSF) rate to 7.0 percent.


5 April 2016, 11:01 AM

RBI keeps CRR unchanges at 4%, cuts daily CRR maintenance to 90% requirement

5 April 2016, 10:48 AM

RBI cuts repo rate by 0.25%

5 April 2016, 09:51 AM

Sensex down more than 100 points ahead of the RBI's first bi-monthly policy review

5 April 2016, 09:46 AM

Rupee has moved higher by 2 paise to 66.19 against the dollar in early trade today on fresh selling of the American currency by exporters and banks ahead of Reserve Bank's first bi-monthly monetary policy meet for 2016-17.