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.
On February 11, 2017 18:12 (IST)
"The number that we should now divulge should be a verified number and congruent with the complex accounting," Governor Urjit Patel said here post the RBI Board meet with Finance Minister Arun Jaitley.
On February 11, 2017 15:36 (IST)
Earlier this week, RBI retained the repo rate, at which it lends to the system, at 6.25 per cent and the reverse repo rate at 5.75 per cent.
On February 08, 2017 19:59 (IST)
"The environment for timely transmission of policy rates to banks' lending rates will be considerably improved" if non-performing assets are resolved more quickly and efficiently, recapitalisation is hastened, and small savings are adjusted by fully implementing a formula decided earlier, the RBI said.
On February 08, 2017 19:28 (IST)
RBI Governor Urjit Patel on Wednesday kept the policy rate unchanged at 6.25 per cent.
On February 08, 2017 18:31 (IST)
"The MPC is dedicated to achieve the 4 per cent headline CPI inflation target while keeping in mind the objectives of growth," RBI Governor Urjit Patel said.
On February 08, 2017 15:40 (IST)
The Reserve Bank kept key interest rates unchanged saying it wants to assess how the transitory effects of demonetisation on inflation and the output gap play out.
On February 08, 2017 15:41 (IST)
India's central bank signaled that its interest-rate easing cycle is coming to an end after unexpectedly leaving borrowing costs unchanged for a second straight meeting while citing sticky inflation.
On February 08, 2017 15:22 (IST)
The Reserve Bank of India on Wednesday kept the repo rate or key lending rate steady at 6.25 per cent.
On February 08, 2017 17:02 (IST)
The RBI has already cut the repo rate by 175 basis points, since embarking on its easing cycle from early 2015.
On February 08, 2017 12:40 (IST)
The Reserve Bank of India will lower the repurchase rate to 6 percent from 6.25 percent, according to 34 of 39 economists in a Bloomberg survey.
On February 08, 2017 08:00 (IST)
If RBI cuts its repo rate by 25 basis points to 6 per cent, it will be the lowest since November 2010.
On February 05, 2017 13:56 (IST)
In all eight directors including Governor Urjit R Patel and deputy governors R Gandhi and S S Mundra, out of the 10 on the board at that time, attended the meeting, Minister of State for Finance Arjun Ram Meghwal informed the Lok Sabha.
On February 05, 2017 12:51 (IST)
With the services sector contracting for a third straight month, there are hopes that the RBI will be accommodative in its monetary policy.