On April 21, 2017 15:54 (IST)
The Reserve Bank of India, in its monetary policy review meet on April 6, kept the repurchase or repo rate - at which it lends to banks - unchanged at 6.25 per cent but increased reverse repo rate to 6 per cent from 5.75 per cent.
On April 17, 2017 14:59 (IST)
"Farm loan waivers of up to 2 per cent of GDP in the run up to the 2019 hustings pose fiscal/rate risk and impacts credit culture," analysts at Bank of America Merill Lynch said in a note on Monday.
On April 06, 2017 20:00 (IST)
The lack of transmission has been one of the dominant worries expressed by RBI during the past two years when it was in an accommodative stance.
On April 06, 2017 19:51 (IST)
"The present level of NPA resolution is untenable," Governor Urjit Patel said while addressing the media at the customary post-policy presser.
On April 06, 2017 17:29 (IST)
Pending the final guidelines the existing norms for MDR (merchant discount rate) charges will continue beyond March 31, RBI Governor Urjit Patel said while announcing first bi-monthly monetary policy for 2017-18.
On April 06, 2017 15:59 (IST)
The RBI governor said such write-offs of loans also meant "transfers from taxpayers to borrowers. If on account of this, overall government borrowings go up, yields on government bonds also are impacted."
On April 06, 2017 16:37 (IST)
The RBI said in a statement that though risks are evenly balanced around the inflation trajectory at the current juncture, there are upside risks to the baseline projection.
On April 06, 2017 10:48 (IST)
Excess funds are limiting the central bank's ability to intervene in the foreign-exchange market to rein in the rupee's rally.
On April 06, 2017 13:01 (IST)
After springing surprises in all three of its past monetary policy meetings, some analysts have not ruled out another one from the Reserve Bank of India later today.
On April 04, 2017 12:58 (IST)
In October, the MPC unexpectedly cut rates and then it held them in December when markets were betting on an easing move.
On April 03, 2017 15:09 (IST)
The RBI will keep the repo rate at 6.25 per cent on April 6, according to all 60 economists polled, which would mean the Monetary Policy Committee (MPC) has not changed rates at three straight meetings.
On April 02, 2017 17:06 (IST)
Apart from the challenge of getting inflation down to 4 per cent, which was flagged by the RBI Governor at the last review, one of the biggest factors influencing the analysts seems to be the shift in the policy stance to neutral.
On April 02, 2017 14:28 (IST)
With the earlier basic pay of Rs 90,000, Mr Patel got a DA of Rs 1,12,500 and 'other payments' of Rs 7,000 -- totalling to a gross pay of Rs 2,09,500.
On March 27, 2017 17:54 (IST)
Apart from the challenge of getting inflation down to 4 per cent which was flagged by RBI Governor Urjit Patel at the last review, one of the biggest factors influencing the analysts seems to be the shift in the policy stance to neutral.
On March 23, 2017 15:07 (IST)
The panel wants to know from the RBI governor as well as the finance ministry officials the number of junked currency that was deposited in bank accounts post November 8, 2016 decision to demonetise higher denomination notes.
On March 20, 2017 11:12 (IST)
The rupee has gained about 2 per cent to a 16-month high in March after PM Modi's landslide state election win, outperforming its Asian peers and all but five of the world's emerging-market currencies.
On March 10, 2017 22:13 (IST)
Arun Jaitley had called the meeting to deliberate on options on resolution of stressed assets in the banking sector.
On February 17, 2017 15:58 (IST)
Benefits of unprecedented decision to cancel 86 percent of currency in circulation will take time to fully play out and need more work to ensure they're lasting, he said.