Mumbai (Maharashtra) [India], Aug 7 (ANI): The Reserve Bank of India (RBI) on Wednesday cut repo rate for the fourth consecutive time this calendar year to 5.4 per cent from the current 5.75 per cent amid low inflation, faltering economic growth and uncertain global scenario.
Mumbai (Maharashtra) [India], Aug 7 (ANI): Equity benchmark indices were in the positive zone during early trading on Wednesday ahead of the Reserve Bank of India's monetary policy decision on key interest rates.
Mumbai (Maharashtra) [India], Aug 6 (ANI): Equity benchmark indices were in the positive zone on Tuesday, a day before the central bank's monetary policy decision on key interest rates.
Mumbai (Maharashtra) [India], July 29 (ANI): Government-owned State Bank of India (SBI) has slashed deposit rates on various tenors due to surplus liquidity and falling interest rate scenario.
Washington DC [USA], July 17 (ANI): Managing Director of the International Monetary Fund (IMF) Christine Lagarde has resigned and is awaiting confirmation to take over as the new president of European Central Bank (ECB).
Mumbai (Maharashtra) [India], June 7 (ANI): Equity benchmark indices gained marginally in volatile trading during early hours on Friday, a day after the Reserve Bank of India's monetary policy cut interest rates marginally on expected lines.
Mumbai (Maharashtra) [India], June 6 (ANI): Equity benchmark indices were dragged down by financial stocks in afternoon trade on Thursday even though the Reserve Bank of India (RBI) reduced repo rate by 25 basis points to 5.75 per cent in its second bi-monthly monetary policy meet of fiscal
Mumbai (Maharashtra) [India], June 6 (ANI): Equity benchmark indices were in the negative zone during early hours on Thursday as investors awaited the outcome of Reserve Bank of India's monetary policy committee meeting on key interest rates.
Mumbai (Maharashtra) [India], June 5 (ANI): India Ratings and Research (Ind-Ra) said on Wednesday that an interest rate cut by the Reserve Bank of India (RBI), which is almost certain in the second bi-monthly monetary policy statement for 2019-20, is unlikely to stimulate demand in the near-
New Delhi [India], Apr 4 (ANI): State Bank of India Chairman Rajnish Kumar on Thursday hailed the RBI monetary policy announced earlier in the day, saying that the decision to cut repo rate by 25 basis points (bps) was largely in consonance with the market.
Mumbai (Maharashtra) [India], Apr 4 (ANI): The Reserve Bank of India (RBI) on Thursday cut repo rate for the second consecutive time this year to 6 per cent from the current 6.25 per cent, a move that will cheer industry leaders over relief from high borrowing costs a week before the first p
Mumbai (Maharashtra) [India], Apr 1 (ANI): The six-member Monetary Policy Committee (MPC) headed by Reserve Bank of India Governor Shaktikanta Das will begin its three-day meeting from Tuesday as industry leaders demand that lending rate is cut by another 25 basis points to stimulate grow