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Sharma asks RBI to cut interest rates to boost economy

Last Updated: Tuesday, June 05, 2012, 19:08

Upset over "disturbing" decline in industrial growth, Commerce and Industry Minister Anand Sharma on Tuesday made a case for the Reserve Bank to cut interest rates in its forthcoming credit policy review.

SBI to slash lending rates if RBI cuts CRR in credit policy

Last Updated: Saturday, April 07, 2012, 15:17

Country's largest lender SBI on Saturday said it will reduce lending rate if the Reserve Bank reduces cash reserve ratio in the credit policy later this month.

India Inc unhappy over RBI decision to keep rates unchanged

Last Updated: Thursday, March 15, 2012, 13:54

Expressing dissatisfaction over the RBI decision to keep interest rates unchanged, India Inc on Thursday said rate cuts were needed to make the industry invest more and drive economic growth.

RBI policy rate cuts to depend on inflation scene: C Rangarajan

Last Updated: Sunday, March 11, 2012, 13:59

Terming the RBI action to infuse liqidity "appropriate", Prime Minister's economic advisory panel chief C Rangarajan Sunday said policy rate cuts by the central bank would depend on inflation movement.

Cut in interest rates essential to boost investment: Industry

Last Updated: Friday, February 24, 2012, 21:30

Industry leaders, including Tata Group chief Ratan Tata and TVS Motor Company CMD Venu Srinivasan, on Friday said it is essential to significantly reduce interest rates to boost investments in the country.

RBI may cut interest rate by 100 bps in 2012: Citi

Last Updated: Sunday, February 19, 2012, 11:18

Inflation is likely to be in the range of 6.5-7.6 percent during next few months and the moderation is expected to prompt the Reserve Bank to cut policy rates by 100 basis points during 2012, according to global finance major Citigroup.

No room for aggressive rate cuts: RBI

Last Updated: Friday, February 03, 2012, 10:30

There is no room for aggressive rate cuts in India in the current situation, Subir Gokarn, a deputy governor of the Reserve Bank of India, said on Friday.

RBI may go for another CRR cut to ease liquidity pressure

Last Updated: Tuesday, January 31, 2012, 18:42

The Reserve Bank Tuesday indicated that it could go in for another cut in the Cash Reserve Ratio (CRR) to unlock banking funds in view of persistent pressure on the liquidity situation.

Interest rate cut by RBI only in April: Barclays Capital

Last Updated: Sunday, January 29, 2012, 14:34

Headline inflation, which also factors in manufactured items, fell to a two-month low of 7.47 percent in December.

RBI may cut CRR but keep rates on hold

Last Updated: Monday, January 23, 2012, 13:31

The RBI is not expected to cut interest rates at its review on Tuesday as it remains worried about inflation, but it may cut the cash reserve ratio (CRR) for banks as a way to relieve tight liquidity.