This is in sharp variance with the market perception for a 25 basis points reduction.
By FPJ Bureau
PPIs have been playing an important role in promoting digital payments and bringing in the new PPI will further facilitate its usage, as...Read More
The central bank had earlier estimated headline inflation at 3.5-3.7 per cent for the second half of the ongoing fiscal.
The central bank seems to have been spooked by the food inflation. It’s decision to keep the repo rate unchanged at 5.15 pe rcent at a ti...Read More
By Sanjay Jog
Mumbai: Real estate players in Mumbai observed that the expected rate cut of 25 bps by RBI would have caused home loan values to fall bel...Read More
By FPJ News Service
More important, the RBI has acknowledged its helplessness in reversing the slowdown in growth through the text book solution of further l...Read More
By FPJ Web Desk
The Reserve Bank of India on Thursday unexpectedly kept benchmark interest rates unchanged on concerns of headline inflation breaching it...Read More
The central bank also revised GDP growth downwards to 5 per cent for 2019-20 from 6.1 per cent projected in its October policy.
The RBI will announce its monetary policy decision at 1145 hours, followed by a press conference.
This comes after, the National Company Law Tribunal on Monday, admitted RBI's plea for initiation of corporate insolvency
By Vaibhav Agrawal
It is widely expected that the Reserve Bank may cut interest rates for the sixth straight time on December 5th
The Delhi High Court will hear case on December 9 seeking to allow RBI and PMC Bank to sale and auction Rs 4,000 crore worth land and pro...Read More
The move came in after the Reserve Bank last Friday referred DHFL to the NCLT Mumbai to resolve the debt crisis at the third largest pure...Read More
Mumbai: India's central bank may just be days away from bringing down the key lending rates near its historic low of 4.75%, from 5.15% cu...Read More
Mumbai: The Reserve Bank on Friday sent the troubled mortgage lender Dewan Housing Finance (DHFL) for bankruptcy proceedings, making it t...Read More
New Delhi: Former Finance Secretary Subhash Chandra Garg said Rs 2000 notes are not much used for transaction and are less in circulation...Read More
Hyderabad: Former RBI governor C Rangarajan on Friday suggested that recapitalisation of banks should be done through by infusing cash ra...Read More
Mumbai: Reduction in policy rate by the Reserve Bank of India is not leading to lower cost of funds because of structural rigidity, accor...Read More
According to sources, the discussions are going on, although the central bank is not very keen.
New Delhi: In a bid to help the NBFCs and real estate companies, the Centre is considering more relief measures for both stressed sectors...Read More