Rate Cut

Mumbai, Oct 10: Increased inflows of foreign funds and rise in value of gold reserves added $827.4 million to India's foreign exchange (Forex) kitty, experts said on Saturday. Overall, the Forex reserves stood at $350.80 billion for the…

Mumbai, Sep 28: With investor sentiments turning bearish a day ahead of the fourth bi-monthly monetary policy review of the Reserve Bank of India (RBI), a barometer index of Indian equities provisionally closed 244 points down on Monday.…

Mumbai, Aug 16: Hopes of further economic reforms, rate cuts, range-bound commodity prices and stabilisation of the yuan and rupee are expected to propel the Indian equity markets during the upcoming week, experts said. "Investors have…

Mumbai, Aug 4: On the day the RBI kept interest rates unchanged, calling on commercial banks to relay onward benefits of earlier rate cuts, government-run State Bank of India (SBI) on Tuesday ruled out any interest rate cuts soon for its…

Hopes of an RBI rate cut, cheaper oil imports and possibility of further delay in US lending rate hike propelled a barometer index of the Indian equity markets to provisionally close with gains of more than 275 points on Thursday. The…

New Delhi/Mumbai, June 2 (IANS): Major stakeholders of the Indian economy, especially the government, India Inc. and investment funds, welcomed the third policy rate cut announced by the apex bank on Tuesday. The Chief Economic Adviser to…

Housing, auto and commercial loans could become cheaper with the Reserve Bank of India cutting key lending rates by 25 basis points in an unexpected move on Wednesday as it expected inflation to soften further, sending stock indices soaring…

The finance ministry welcomed the interest rate cuts announced by the Reserve Bank of India (RBI) Wednesday and said it was a vote of confidence on the steps taken by the government on fiscal consolidation and will lower the cost of loans…

The Reserve Bank of India (RBI) in its sixth bi-monthly policy review Tuesday decided to keep key interest rates unchanged. "We have maintained the status quo (on interest rates). We have taken action on other fronts," Reserve Bank Governor…

Following the Reserve Bank of India's (RBI) unscheduled rate cut in January, expectations of another cut remain more subdued going towards the central bank's policy review scheduled for Tuesday. RBI Governor Raghuram Rajan in mid-January…