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India Inc hails RBI policy; hopes for further cut in future

Last Updated: Tuesday, March 19, 2013, 17:46

India Inc on Tuesday welcomed the 0.25 percent interest rate cut by the Reserve Bank saying it would help revive confidence of industry and hoped for further cuts in the coming days.

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.

RBI may cut CRR, repo by 0.25% in upcoming policy: Bankers

Last Updated: Sunday, April 15, 2012, 13:13

Amidst sagging factory output and moderation in economic growth, the Reserve Bank could cut interest rate by about 0.25 percent and release more liquidity to stimulate economic growth in its annual credit policy on Tuesday.

'RBI to watch govt steps on fiscal deficit before cutting rates'

Last Updated: Saturday, January 28, 2012, 00:18

Reserve Bank Governor D Subbarao has said that the central bank will watch the steps being taken by the government to curtail fiscal deficit before taking a decision on rate cut.

Assocham calls for 0.5% cut in repo rate, 1% CRR slash

Last Updated: Tuesday, January 17, 2012, 16:10

Headline inflation, as measured by Wholesale Price Index (WPI), fell to a two-year low of 7.47 percent in December 2011, from 9.11 percent in the previous month.