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Rupee Opens Lower At 68.53
Rupee opens with at 68.53 with a loss of 11 paise in comparison to previous day's close of 68.42 per US dollar. 10-year benchmark bond yield also came in lower at 7.258% as against Wednesday's yield of 7.272%. Nifty and ...
Global Events To Weigh On RBI Credit Policy Review: ASSOCHAM
Fast changing geo-political situation in the Middle East and the increased terror threat with consequent economic costs will surely weigh on the RBI's policy stance which is not expected to give any more cut in the interest rates in the ensuing ...
6 Quick Takeways from the RBI Monetary Policy
The Reserve Bank of India today unveiled its Monetary Policy in which it kept interest rates steady. The Monetary Policy Framework Agreement signed by the Government of India and the Reserve Bank in February 2015 will shape the stance of ...
Banking stocks hold steady after RBI Monetary Policy
Banking stocks were ruling steady after the Reserve Bank of India maintained a status quo on interest rates. Shares in ICICI Bank was marginally down along with HDFC Bank, while most of the PSU banking stocks like State Bank of ...
RBI set to cut rates for the first time since April 2012
The Reserve Bank of India is almost certainly set to cut repo (interest) rates in its policy meeting on Tuesday, doing so for the first time since April 2012. Falling WPI inflation rates and slowing growth may leave the RBI ...
Repo rate cuts: the next big decision for RBI
The RBI startled the banking sector by cutting CRR rates, just six days before the monetary policy review. Though the move has been welcomed by bankers, the craving has always been for a repo rate cut, as it tends to improve ...
RBI cuts CRR; eases liquidity
In a surprising move just before the credit policy, the Reserve Bank of India (RBI) has cut the cash reserve ratio (CRR) requirement for banks by 75 bps. The CRR requirement for banks now stands reduced to 4.75% as against ...
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