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RBI cuts repo rate by 0.25%; may not result in lower loan rates

Last Updated: Friday, May 03, 2013, 08:42

The bank lowered the short-term lending (repo) rate to 7.25 percent from 7.50 percent, lowest since May 2011 while retaining the CRR for banks unchanged at 4 percent.

RBI to unveil Monetary Policy for 2013-14 on May 3

Last Updated: Thursday, April 04, 2013, 20:31

RBI Governor D Subbarao will announce the Monetary Policy Statement 2013-14 on May 3, 2013, the central bank said in a statement.

RBI wants govt to hike prices of diesel, kerosene, LPG

Last Updated: Tuesday, April 17, 2012, 14:49

Making a case for raising prices of diesel, kerosene and LPG, the Reserve Bank on Tuesday said hike in rates of petroleum products is necessary to arrest fiscal slippages.