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Banks to wait a while for trends before hiking lending rates

Last Updated: Tuesday, January 28, 2014, 17:46

Bankers on Tuesday said they will wait to see the trend in inflation and deposit fronts before taking a call on hiking lending rates after the RBI's money tightening move in its policy review.

Rupee stages smart recovery; up 59 paise at 62.51 Vs dollar

Last Updated: Tuesday, January 28, 2014, 17:17

The rupee recovered by 59 paise to end at 62.51 against the American currency Tuesday on fresh selling of dollars by banks.

'Repo rate hike to hit property market'

Last Updated: Tuesday, January 28, 2014, 15:56

Realty firms hoped however that this would be the last round of monetary tightening by the central bank.

CAD to decline to 2.5%, raises hope of gold import duty cut

Last Updated: Tuesday, January 28, 2014, 15:27

The Reserve Bank on Tuesday said Current Account Deficit (CAD) in this fiscal is expected to decline to below 2.5 percent of GDP from 4.8 percent a year ago, raising hopes of a cut in import duty on gold.

CAD to decline to 2.5%, raises hope of gold import duty cut

Last Updated: Tuesday, January 28, 2014, 15:27

The Reserve Bank on Tuesday said Current Account Deficit (CAD) in this fiscal is expected to decline to below 2.5 percent of GDP from 4.8 percent a year ago, raising hopes of a cut in import duty on gold.

RBI to focus on retail inflation; March end forecast over 8%

Last Updated: Tuesday, January 28, 2014, 14:38

On the rate hike by 0.25 percent in policy review today, RBI Governor Raghuram Rajan said it will set the economy securely on the disinflationary path.

Accord precedence to growth over inflation: India Inc to RBI

Last Updated: Tuesday, January 28, 2014, 14:10

The RBI should take cognisance of the faltering investment and consumption demand which is preventing the economy from realising its growth potential, the chamber said.

BSE Sensex trims initial losses, still down marginally

Last Updated: Tuesday, January 28, 2014, 13:48

The wide-based National Stock Exchange index Nifty inched down by 4.75 points to 6,131.10.

Implementation of RBI panel recommendations needs talks with govt: Rajan

Last Updated: Tuesday, January 28, 2014, 13:22

Raghuram Rajan also said the Urjit Patel panel`s timeline to bring down retail inflation seemed "reasonable" and the 8 percent retail inflation target can be reached by the end of the year.

RBI expected to hold rates on cooling inflation

Last Updated: Tuesday, January 28, 2014, 02:58

Last month, the Reserve Bank of India surprised markets by holding its key interest rate at 7.75 percent even after inflation accelerated to a 14-month peak.

RBI policy review: Rajan unlikely to surprise on rate front this time around

Last Updated: Monday, January 27, 2014, 20:26

Rajan had surprised the markets on each of the past three occasions, increasing lending rates by 0.25 percent in the September mid-quarter review and also in the October policy.

Market sees Rajan holding rates on Tuesday: RBS survey

Last Updated: Thursday, January 23, 2014, 22:30

The market expects Reserve Bank Governor Raghuram Rajan to hold interest rates at its policy review meeting on Tuesday, a survey has found.