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Rajan comfortable with current policy rate

Last Updated: Wednesday, February 26, 2014, 22:18

Reserve Bank Governor Raghuram Rajan Wednesday said the policy rate is "appropriately set" at present, an assertion that comes amid criticism from certain quarters that it is currently too high.

RBI policy rate is appropriately set: Raghuram Rajan

Last Updated: Wednesday, February 26, 2014, 18:48

India`s policy interest rate is appropriately set, said RBI Governor Raghuram Rajan, who has raised rates three times by a combined 75 basis points since September despite economic growth at a decade low.

RBI likely to raise repo rate by 0.25% to tame inflation

Last Updated: Tuesday, December 17, 2013, 15:24

With food prices showing no signs of abatement, the Reserve Bank is likely to hike its key policy rate by 0.25 percent Wednesday.

Analysts see Rajan effecting third hike on December 18

Last Updated: Friday, December 13, 2013, 16:31

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.

RBI hints at hike in interest rate to check price rise

Last Updated: Monday, October 28, 2013, 17:32

However, the report adds, "Macroeconomic risks still exist with some upward pressure on inflation and the possibility of fiscal slippage, thus posing new challenges."

Assocham expects 0.25% cut in policy rate

Last Updated: Sunday, October 27, 2013, 14:37

Reserve Bank of India is likely to cut interest rate by 0.25 percent in its upcoming policy review as inflation is high, industry chamber Assocham said.

Chambers seek growth boosting steps from RBI

Last Updated: Monday, October 21, 2013, 20:31

Industry bodies on Monday urged the Reserve Bank to reduce key policy rates and ease the tight liquidity conditions in forthcoming monetary policy review.

RBI steps not to result in high interest rate: PM

Last Updated: Friday, July 19, 2013, 12:47

Singh said the volatility in exchange rate was caused due to concerns over withdrawal of quantitative easing by the US.

India Inc unhappy with RBI decision not to reduce policy rate

Last Updated: Tuesday, October 30, 2012, 18:11

Industry body Assocham said the focus continues to be on rising inflation and not on the country's economic growth.

RBI cuts CRR by 0.25%, holds repo rate

Last Updated: Sunday, September 16, 2012, 19:11

The injection of additional Rs 17,000 crore into the system, the RBI said, would ensure adequate flow of credit to productive sectors of the economy.

Policy rate alone not responsible for slowing growth: Subbarao

Last Updated: Tuesday, July 17, 2012, 16:49

Amid widespread demand for cut in interest rate in the forthcoming monetary review to boost growth, RBI on Tuesday said the policy rate is not the only reason for slowdown in investments and the economy.

First RBI rate cut in 3-years, loans to get cheaper

Last Updated: Tuesday, April 17, 2012, 08:51

After a gap of three years, Reserve Bank Governor D Subbarao on Tuesday slashed short term lending rate by 0.50 percent to 8 percent, a move that will reduce the cost of home, auto and corporate loans.