RBI to remain open July 1 to facilitate public transactions

Departing from its regular practice, the Reserve Bank of India (RBI) Friday said it will remain open on July 1 this year to facilitate settlement of market transactions as well as of the general public.

Analysts see Rajan effecting third hike on December 18

The latest retail inflation data which has hit a nine-month high, could force the Reserve Bank of India (RBI) to unleash another 0.25 percent hike in its short-term lending rate, though concerns persist on the growth front, according to analysts here.

FM cautions stock investors against excessive exuberance

With the stock markets scaling new heights, Finance Minister P Chidambaram on Friday sounded a note of caution and asked investors to guard against excessive exuberance.

RBI revises MSF borrowing window timings

The Reserve bank Thursday revised the timings for the Marginal Standing Facility (MSF), a borrowing window for the banks, to help them improve liquidity management.

Raghuram Rajan hikes key rate by 0.25%; loans to get costlier

The policy stance and measures, Rajan said, "are intended to curb mounting inflationary pressures and manage inflation expectations in a situation of weak growth.

Assocham asks RBI to slash CRR, MSF rates by 0.5%

"Due to the ongoing festive season and forthcoming state elections, currency leakage from the banking system is likely to be around Rs 70,000 to 80,000 crore.

RBI may hike interest rate this week, MSF rate cut likely

Worsening price situation may prompt the Reserve Bank to raise interest rate by 0.25 percent in its policy review on Tuesday, but it is also likely to announce some liquidity easing steps.

Analysts expect RBI to hike repo rate by 0.25%

Official data released yesterday showed wholesale price inflation for the the month of September inching up to 6.46 percent from 6.10 percent for August.

Capital infusion in PSU banks to boost investment: Raghuram Rajan

RBI Governor Raghuram Rajan Tuesday said the Finance Ministry's decision to provide more capital to PSU banks will lower the borrowing cost and increase their capacity to lend, besides promoting investments.

Yield curve to ease on RBI measure to reduce MSF rate: MFs

A day after RBI cut marginal standing facility (MSF) rate by 50 basis points, fund managers today said the yield curve will ease due to improved liquidity situation.

Banking shares dazzle as RBI lowers short-term interest rate

Banking stocks on Tuesday rose by as much as 4 percent after the RBI cut a short-term interest rate, effectively lowering lenders' cost of funds ahead of the busy festive season.

'RBI move to curtail volatility, lower banks' borrowing cost'

Welcoming the RBI's move to cut the marginal standing facility (MSF) rate, industry body Assocham Tuesday said the step will curb volatility in the interest rates and lower cost of borrowing for banks.

Rupee ends unchanged at 61.79 against dollar

The rupee ended unchanged at 61.79 against the dollar Tuesday on alternate bouts of demand and supply amid surprise steps by the RBI to increase liquidity.

Short-term debt funds may see higher return on RBI steps

Mutual fund schemes with short-term investment horizon like liquid or ultra short-term funds are likely to witness higher returns going ahead following reduction in the marginal standing facility (MSF) rate by the central bank over the weekend, say fund managers.

RBI opens spl 2-day MSF window to meet advance tax demand

The MSF window will be open today between 5 pm and 5.30 pm and funds will be repayable on September 16.

RBI to offer special two-day funding window to banks on Saturday

The Reserve Bank of India will offer banks a special two-day funding window through the marginal standing facility or the emergency funding window, given the current market conditions, it said in a release on Saturday.

RBI raises bank rate to 9.5% with immediate effect

The Reserve Bank of India raised its bank rate to 9.50 percent from 6.00 percent with immediate effect, to align it with the marginal standing facility (MSF) rate, the central bank said.

RBI eases borrowing norms to ease liquidity crunch

In order to ease the liquidity situation, the Reserve Bank today allowed banks to borrow additional amount from it under the Marginal Standing Facility (MSF), a new lending window which was opened by the central bank in the current fiscal.