Mumbai [India], December 8 (ANI): Amid growing concern about the impact of the new strain of Coronavirus on the economy the Reserve Bank of India (RBI) on Wednesday stuck to its "wait and watch" policy keeping the key lending rates unchanged for the ninth consecutive time.
New Delhi (India), December 7 (ANI): The Reserve Bank of India (RBI) is expected to maintain a status quo on key rates in its bi-monthly policy review to be announced on Wednesday as Omicron, a new strain of Coronavirus, adds to the economic uncertainties.
Washington D.C. [USA], Dec 12 (ANI): The Federal Reserve on Wednesday decided to keep unchanged the rates of interest rates with no indication to raise them anytime soon, thereby ignoring President Donald Trump's call for more cuts to boost the US economy.
Pune (Maharashtra) [India] March 5 (ANI): The year 2018 witnessed all developed economies hiking their interest rates. The US Fed hiked it four times, whereas Reserve Bank of India (RBI) increased its policy rates twice. Bank deposit rates have moved in tandem to this increase. Whil
New Delhi [India], Apr 5 (ANI): The market indices on Thursday rallied after the Reserve Bank of India (RBI) kept its repo rate and reverse repo rate unchanged at 6 percent and 5.75 percent respectively.
New Delhi [India], Apr. 05 (ANI): Ahead of the Reserve Bank of India (RBI) policy today, there is little hope of a cut in the key policy rates from the apex bank in its first bi-monthly monetary policy for the new fiscal 2018-19, owing to hardening global crude oil prices.
Mumbai (Maharashtra) [India], Feb 6 (ANI): In the Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) meeting, which will be held today in Mumbai, the apex bank is expected to keep policy rates on hold for this week.
New Delhi [India], August 11 (ANI): The Federation of Indian Chambers of Commerce and Industry (FICCI) urged for the need to enable a further cut down of policy rates by the Reserve Bank of India (RBI), to spur demand and help ease the pressure on corporate balance sheets.
New Delhi [India], June 7 (ANI): With the Reserve Bank of India (RBI) announcing its second bi-monthly monetary policy review today, the economists have said that there would be no change to interest rates, adding that the apex body would adopt a wait and watch policy to see how inflation tr
New Delhi [India], Dec.7 (ANI): By maintaining a status quo on the policy rates, the Reserve Bank of India has defied a widespread expectation of at least a 25 basis points cut in the interest rates, but the industry and the trade expected a little more clarity from the central bank on the t
New Delhi [India], Dec 6 (ANI): The meeting of the six-member Monetary Policy Committee (MPC) will begin today amid widespread expectations of at least 0.25 percent rate cut in policy rates to cushion the impact of demonetisation.
New Delhi [India], Sept. 16 (ANI): Finance Minister Arun Jaitley on Friday expressed hope that the public sector banks would tighten up to a point where they are able to transmit cuts in policy rates by the Reserve Bank of India (RBI).