Reserve Bank of India
RBI to hike interest rates again by year-end; August still in play: Poll
Tue, Jun 19, 2018
Accelerating inflation and India retaining top spot as the fastest-growing major economy prompted the RBI to lift the repo rate by 25 basis points to 6.25 percent at the June 4-6 meeting, wrong-footing a slim majority of economists polled by Reuters who had expected no change.
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RBI eases norms for FPIs to invest in debt; to help RE, Corp bonds
Sat, Jun 16, 2018
The Reserve Bank has eased investment norms for foreign portfolio investors (FPIs) in debt, especially into individual large corporates, a move that can help attract more overseas flows and thereby help arrest the recent fall in the rupee on one hand and also lift the recent fall in demand for corporate bonds
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India May inflation likely to hit four-month high on oil price surge: Reuters poll
Mon, Jun 11, 2018
On June 6, the Reserve Bank of India (RBI) raised the repo rate for the first time since 2014, by 25 basis points to 6.25 percent, as recent data showed significant increases for both inflation and growth. But the central bank kept its "neutral" policy stance unchanged.
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Sensex shrugs off RBI repo rate hike, rises 275 points; this is where you can eye profits now
Wed, Jun 06, 2018
RBI monetary policy review meet: With the big event now gone, experts believe focus will shift to global cues, even as they observed that markets are still expensive. However, consumption theme looks good, they added.
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After RBI hikes repo rate by 25 bps, some bank, auto stocks rally; Nifty Auto jumps 2%
Wed, Jun 06, 2018
Nifty Bank gained 0.4 per cent to 26,365.50. On the index, IDFC Bank, State Bank of India and Punjab National Bank added the most, rallying up to 6 per cent. However, big private lenders HDFC Bank, ICICI Bank and Axis Bank shed up to 0.3 per cent.
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RBI repo rate hiked by 25 bps to 6.25% in a first under Narendra Modi regime
Wed, Jun 06, 2018
RBI monetary policy review meet: This is the first time under Prime Minister Narendra Modi's regime that the interest rate has been hiked. The RBI had cut interest rate by 25 basis points in August 2017.
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As India waits and hopes for rate cut, will Urjit Patel led RBI oblige? Must-know facts here
Wed, Jun 06, 2018
The RBI kept its repurchase (repo) and reverse repo rates on hold at 6 per cent and 5.75 per cent respectively in April but the MPC’s minutes from that meeting pointed to shifts in sentiment below the surface.
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RBI monetary policy meet: Emerging market slide puts pressure on Urjit Patel led MPC over rates
Tue, Jun 05, 2018
RBI monetary policy meet: The rupee has dropped about 5 percent against the dollar this year and yields have spiked on government and corporate bonds. While those moves would argue for a rate increase, most economists aren’t convinced it will come on Wednesday.
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Financial Literacy Week to begin tomorrow; RBI sets consumer protection theme
Sun, Jun 03, 2018
The Reserve Bank of India has chosen customer protection as theme for the Financial Literacy Week beginning tomorrow. This week long event ending on June 8 will focus on creating awareness among customers of banks about financial products and services, good financial practices and going digital, the RBI said in a statement
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