Last Updated: Tuesday, March 19, 2013, 09:25
For the second time in 2013, the Reserve Bank of India on Tuesday cut policy rates by 0.25 percent, a move that will make loans cheaper.
Last Updated: Tuesday, August 21, 2012, 21:55
The Reserve Bank went along with the advice of majority of external members on a panel, which assists the apex bank on monetary policy, and kept its short-term lending rate unchanged at 8 percent in its July 31 policy review.
Last Updated: Tuesday, June 05, 2012, 23:22
Global financial services firm Nomura Tuesday said it expects 0.25 percent cut in short term lending rate by the Reserve Bank in its upcoming monetary policy review on June 18.
Last Updated: Tuesday, October 25, 2011, 17:45
State Bank of India, the country's top lender, is not in a hurry to raise interest rates now, its Chairman Pratip Chaudhuri said on Tuesday.
Last Updated: Tuesday, October 25, 2011, 08:42
All loans are set to become costlier as the Reserve Bank on Tuesday increased the key interest rate by 25 basis points to check rising prices, at the risk of sacrificing some growth.
Last Updated: Monday, October 24, 2011, 17:47
With inflation remaining high, the Reserve Bank on Monday indicated that it may go for another round of interest rate hike on Tuesday even though the step may impact the economic growth.
Last Updated: Thursday, October 20, 2011, 20:41
The Reserve Bank is likely go in for another round of rate hike, to the tune of 0.25 percent in short-term lending rate on Tuesday, and will then pause till March, says a poll conducted by the British lender RBS.
Last Updated: Tuesday, October 18, 2011, 18:00
A rate increase in India would be the 13th in 19 months and would take the repo rate to 8.50 percent.
Last Updated: Thursday, September 29, 2011, 17:54
State-owned Bank of Maharashtra (BoM) Thursday increased its lending rates by up to 25 basis points, making all kinds of loans expensive.
Last Updated: Friday, September 16, 2011, 16:11
The Planning Commission Friday said that the decision of the Reserve Bank to raise interest rates by 25 basis points is not unreasonable and a signal to bring inflation under control.
Last Updated: Friday, September 16, 2011, 08:48
Concerned over high inflation, the Reserve Bank on Friday raised key interest rates by 0.25 percent, its 12th such hike since March, 2010, making auto, home and other loans more expensive.
Last Updated: Monday, September 12, 2011, 21:02
Concerned over slowdown in industrial production growth, which plunged to a 21-month low of 3.3 percent in July, industry Monday called upon the Reserve Bank to halt its policy of hiking interest rates.
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