Raghuram Rajan says NPAs, not higher rates, behind low credit growth

Raghuram Rajan says NPAs, not higher rates, behind low credit growth

Taking on critics of his monetary policy, Reserve Bank Governor Raghuram Rajan on Wednesday blamed the record low credit growth to the stress in public sector banks and not due to high interest rates.

RBI to cut policy rate by 0.25% on Aug 9: BofA-ML

RBI to cut policy rate by 0.25% on Aug 9: BofA-ML

Reserve Bank is expected to cut policy rate by 25 basis points in August meet as inflation at around 6 percent remains in the "benign" zone and forecast of good monsoon is also expected to help, says a BofA-ML report.

Transmission of monetary policy to influence economic development: Moody's

Transmission of monetary policy to influence economic development: Moody's

Mumbai: With the Reserve Bank of India (RBI) not altering policy rates, it will be only the transmission of monetary policy that would influence India`s economic development and credit profile, credit rating agency Moody`s Investors Service said on Wednesday.
 

RBI policy broadly endorses govt estimates on growth, inflation

RBI policy broadly endorses govt estimates on growth, inflation

New Delhi: The Finance Ministry on Tuesday said the RBI monetary policy is broadly in line with government's expectations on growth and inflation.

RBI Governor Raghuram Rajan jokes over future as rates held

RBI Governor Raghuram Rajan jokes over future as rates held

New Delhi: India's central bank chief Raghuram Rajan joked on Tuesday that it would be "cruel" to end intense speculation surrounding his future as he held interest rates in the world`s fastest-growing large economy.

Good rains to damp agricultural inflation, support Aug 9 RBI rate cut: BofA

Good rains to damp agricultural inflation, support Aug 9 RBI rate cut: BofA

The Reserve Bank is expected to cut rates in its August 9 policy review meet, as normal rains is expected to contain agricultural inflation and help in the uptick of rural demand conditions, says a report.

FPIs stay bullish on India, pump in $ 2 billion in April

FPIs stay bullish on India, pump in $ 2 billion in April

Building on their buying momentum, foreign investors have poured close to USD 2 billion into capital markets so far in April, driven by hopes of a good monsoon and positive macroeconomic data.

Watching inflation, monsoon to decide interest rate: Raghuram Rajan

Watching inflation, monsoon to decide interest rate: Raghuram Rajan

RBI is closely watching inflation data as well as monsoon rain forecasts for deciding on further interest rate cuts and the monetary policy still remains in the "accommodative mode", Governor Raghuram Rajan has said.

Industry pitches for more rate cuts as WPI remains negative

With inflation continues to be in the negative zone, India Inc today pitched for further easing of policy rates during the current year by Reserve Bank.

RBI likely to go for 0.25% rate cut on August 9: BofA-ML

RBI likely to go for 0.25% rate cut on August 9: BofA-ML

The Reserve Bank is likely to cut key rates by 25 basis points in its policy review meeting on August 9, largely owing to benign inflation, low IIP growth and good monsoon forecast, a report says.

RBI monetary policy review today: Raghuram Rajan likely to cut interest rate by 0.5%

RBI monetary policy review today: Raghuram Rajan likely to cut interest rate by 0.5%

RBI will unveil its first bi-monthly policy review for this fiscal Tuesday amid expectations of a 0.25-0.50 percent cut in interest rates to boost industrial growth and economy.

 

FM Jaitley pitches for interest rate cut ahead of RBI policy

FM Jaitley pitches for interest rate cut ahead of RBI policy

The finance minister also stressed that the debate on crucial economic issues, like interest rates, should move in the right direction in India, which is a "large and noisy democracy".

Sensex jumps 132 points on rate cut hopes

Sensex jumps 132 points on rate cut hopes

The NSE Nifty also perked up by 35.00 points or 0.45 percent to 7,748.05.

RBI credit policy: Will Raghuram Rajan cut interest rates by up to 0.50% tomorrow

RBI credit policy: Will Raghuram Rajan cut interest rates by up to 0.50% tomorrow

With inflation under check and government sticking to its fiscal consolidation path, market expectations are that RBI may cut interest rate by up to 0.50 percent in its first bi-monthly monetary policy review for 2016-17 on Tuesday in order to propel growth.

Inflation hits poor the most, RBI must listen to them: Subbarao

Inflation hits poor the most, RBI must listen to them: Subbarao

Reserve Bank of India has to listen to voices of the poor who are hurt the most by inflation, its former Governor Duvvuri Subbarao said adding that cutting interest rates is not necessarily the solution to stimulate investment.

RBI may cut policy rate by 0.25% next week, says Citigroup

RBI may cut policy rate by 0.25% next week, says Citigroup

The Reserve Bank is expected to cut repo rate by 0.25 percentage point in the April 5 policy given that the budget stayed on the path of fiscal consolidation and progress has been made on the reforms front, says a Citigroup report.

Sensex zooms over 438 points; Nifty reclaims 7,700-mark

Sensex zooms over 438 points; Nifty reclaims 7,700-mark

The 50-share NSE Nifty reclaimed the 7,700-level by gaining 138.20 points to 7,735.20.

 

Cut in small savings rates 'win-win' for govt, banks: Nomura

The Centre's move to slash interest rates on all small savings schemes, is a "win-win" for the government and the banks, leading to a better monetary policy transmission, says a Nomura report.

Window is scant, RBI to cut rates by 0.25% on Apr 5: Deutsche

Window is scant, RBI to cut rates by 0.25% on Apr 5: Deutsche

Demand for policy rate cut may be considerable, but given the central bank's inflation target, rate cut space is scant, and the Reserve Bank is likely to cut only 0.25 percent in the upcoming monetary policy, a Deutsche Bank report says.

 

RBI may cut interest rates by 0.25% before next policy meet: BofA-ML

RBI may cut interest rates by 0.25% before next policy meet: BofA-ML

The Reserve Bank of India is expected to go for a 25 basis points rate cut on or before its scheduled policy review meet on April 5, says a Bank of America Merrill Lynch (BofA-ML) report.