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RBI Monetary Policy: Shaktikanta Das says closely monitoring NBFCs, HFCs - Here's how they reacted

RBI Monetary Policy: Shaktikanta Das says closely monitoring NBFCs, HFCs - Here's how they reacted

Thu, Jun 06, 2019

In the briefing, Das also explained that, RBI is mandated to look after financial stability in economy.  

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RBI rate cut: Day when India saw 5.75% rate after 9 years! What has changed and what it means for the common man

RBI rate cut: Day when India saw 5.75% rate after 9 years! What has changed and what it means for the common man

Thu, Jun 06, 2019

India has finally witnessed a repo rate of 5.75%, which by the way,  comes after 9 years. A lot has changed since 2010, when this rate was last applicable.

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Amid World Cup fever, RBI delivers a hat-trick: Here's what experts say

Amid World Cup fever, RBI delivers a hat-trick: Here's what experts say

Thu, Jun 06, 2019

In last 3 monetary policies, overall 75 basis point cut has been made in repo rate.   

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NBFCs celebrate RBI Repo Rate cut, expect credit crisis to get resolved

NBFCs celebrate RBI Repo Rate cut, expect credit crisis to get resolved

Thu, Jun 06, 2019

NBFCs have hailed the RBI's Repo Rate cut decision and expect that it would help the government to address the liquidity crisis.

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RBI rate cut: Expert says important to ensure banks pass on the benefit to customers

RBI rate cut: Expert says important to ensure banks pass on the benefit to customers

Thu, Jun 06, 2019

RBI's rate cut won't be enough to handle the liquidity issue until retail banks pass on the benefit to its customers, says market expert Ajay Bagga.

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Rupee welcomes RBI rate cut by 25 bps with open arms - Here's how the currency reacted against dollar

Rupee welcomes RBI rate cut by 25 bps with open arms - Here's how the currency reacted against dollar

Thu, Jun 06, 2019

In fact, rupee reversed its Thursday's early opening trend, and strengthened against dollar benchmark commendably.

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Real Estate developers hail RBI's rate cut decision, urge retail banks to pass on the benefit

Real Estate developers hail RBI's rate cut decision, urge retail banks to pass on the benefit

Thu, Jun 06, 2019

Real estate developers have welcomed the decision citing the move would send out positive notional signals but will the banks pass-on its benefit. 

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New NPA resolution norms in 3-4 days: Shaktikanta Das

New NPA resolution norms in 3-4 days: Shaktikanta Das

Thu, Jun 06, 2019

The Reserve Bank will issue a revised circular on bad loan recognition within the next three-four days, replacing the February 12 circular that was struck down by the apex court. 

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Monetary Policy alert: RBI raises CPI Inflation target for 1HFY20 - Vegetable, crude oil, households to play this role

Monetary Policy alert: RBI raises CPI Inflation target for 1HFY20 - Vegetable, crude oil, households to play this role

Thu, Jun 06, 2019

The latest Consumer Price Index (CPI) or retail inflation numbers are slightly up at 2.92% in April 2019 compared to 2.86% in March 2019.  

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RBI removes RTGS, NEFT charges: Joy for bank account holders! Transactions to get cheaper

RBI removes RTGS, NEFT charges: Joy for bank account holders! Transactions to get cheaper

Thu, Jun 06, 2019

RBI has done away with RTGS and NEFT routes to boost digital transactions and has asked banks to pass on the benefits. This comes as a major good news for bank customers.

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Monetary policy 2019: Shaktikanta Das says RBI will not hesitate to take any measure required to maintain financial stability

Monetary policy 2019: Shaktikanta Das says RBI will not hesitate to take any measure required to maintain financial stability

Thu, Jun 06, 2019

Warning the retail bankers for not passing on the rate cut benefits to the customers the RBI Governor vowed to take stringent actions against the retail banks.

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RBI Governor Shaktikanta Das informs key decisions taken by the MPC Meeting

RBI Governor Shaktikanta Das informs key decisions taken by the MPC Meeting

Thu, Jun 06, 2019

From cut in Repo Rate to waiver for RTGS and NEFT charges, the RBI Governor gave the MPC review of the Indian economy as well.

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RBI raises retail inflation forecast for Apr-Sept FY20 to 3-3.1 pct

RBI raises retail inflation forecast for Apr-Sept FY20 to 3-3.1 pct

Thu, Jun 06, 2019

The retail inflation projection for the second half of this fiscal has been cut to 3.4-3.7 per cent as against RBI's previous projection of 3.5-3.8 per cent.

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RBI lowers economic growth forecast to 7 pct for FY20

RBI lowers economic growth forecast to 7 pct for FY20

Thu, Jun 06, 2019

Weak global demand due to escalation in trade wars may further impact India's exports and investment activity. 

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RBI cuts repo rate by 25bps, here is how Sensex, Nifty reacted; Asian Paints, Coal India, HUL top gainers

RBI cuts repo rate by 25bps, here is how Sensex, Nifty reacted; Asian Paints, Coal India, HUL top gainers

Thu, Jun 06, 2019

Following the RBI repo rate cut announcement, there was heavy selling pressure witnessed on Sensex and Nifty 50.   

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RBI monetary policy 2019 Key Takeaways: Loans to get cheaper, stance changed to accommodative

RBI monetary policy 2019 Key Takeaways: Loans to get cheaper, stance changed to accommodative

Thu, Jun 06, 2019

RBI monetary policy 2019 Key Takeaways: The Reserve Bank of India, in its second bi-monthly review report on Thursday, cut its policy interest rate by 25 basis points in a widely expected move.

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RBI MPC Meeting: Shaktikanta Das led committee cuts rate by 25 bps; stance changed from 'neutral' to 'accommodative'

RBI MPC Meeting: Shaktikanta Das led committee cuts rate by 25 bps; stance changed from 'neutral' to 'accommodative'

Thu, Jun 06, 2019

Changing its stance from 'neutral' to 'accommodative' the Reserve Bank of India cut Repo Rate for third straight time by 25 bps to 5.75 pct. To push the digital payment, the RBI has decided to waive Neft and RTGS charges.

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Shaktikanta Das led RBI MPC cuts repo rates by 25 bps; experts react, this is what they said

Shaktikanta Das led RBI MPC cuts repo rates by 25 bps; experts react, this is what they said

Thu, Jun 06, 2019

These decisions are in consonance with the objective of achieving the medium-term target for consumer price index (CPI) inflation of 4 per cent within a band of +/- 2 per cent, while supporting growth. 

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RBI Monetary Policy: How Monsoon may play major role in rate cut

RBI Monetary Policy: How Monsoon may play major role in rate cut

Thu, Jun 06, 2019

This policy, experts believe that monsoon will play major role in decision-making. 

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RBI Monetary Policy 2019: Forget 25 bps rate cut, Governor Shaktikanta Das may go for larger revise

RBI Monetary Policy 2019: Forget 25 bps rate cut, Governor Shaktikanta Das may go for larger revise

Thu, Jun 06, 2019

Das along with MPC members equally will vote for their stance in this monetary policy, followed by majority decision.

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