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India interest rate News

06 Sep 2016

Hope India will continue to prioritise low inflation: Raghuram Rajan

Former RBI Governor Raghuram Rajan, whose tenure at the central bank ended this month, hopes the process of cleaning up banks in the country will be finished and government will continue to prioritise "low inflation", even as he warned against low interest rates globally.

India interest rate

08 Apr 2016

Banks may cut interest rates in next few days: Shaktikanta Das

Asserting that India is moving towards a low interest rate regime, Economic Affairs Secretary Shaktikanta Das on Friday said banks are expected to cut interest rates over the next few days in light of the recent monetary policy easing by RBI.

06 Apr 2016

Transmission of recent rate cut to be more effective: Mundra

A day after the Reserve Bank cut policy rate by 0.25 percent, Deputy Governor S S Mundra today expressed hope that transmission of lower interest rate through banks will be more effective this time.

India interest rate

25 Mar 2016

Strong recovery in FY17 on consumption boost: Morgan Stanley

With both real interest rate in the positive arena and inflation under check, private consumption is set to pick up strongly, leading to a better overall growth, which will be better than the 1998-2002 recovery cycle, says leading Wall Street brokerage Morgan Stanley.

Interest rate cuts

24 Apr 2015

RBI to cut rates next month and once more by year-end: Report

The RBI is likely to cut interest rates again next month, with analysts polled by Reuters forecasting a strong probability that will act ahead of scheduled policy meetings, as it has done so far this year.

Interest rate cuts

14 Apr 2015

FM wants interest rates lot lower; no difference with RBI

Despite two interest rate cuts this year by the Reserve Bank, Finance Minister Arun Jaitley on Tuesday said he wants interest rate to be "a lot lower".

02 Dec 2014

Don't intend to flip-flop on policy: Raghuram Rajan

The central bank`s talks with the government suggest "things will be on track with respect to fiscal deficit," he added during a press conference with reporters.

28 Nov 2014

Chidambaram asks govt to convince RBI for a rate cut

In a statement he said, no one should be surprised that the second quarter of 2014-15 returned a growth rate of 5.3 percent.

27 Nov 2014

Analysts see Rajan holding rates on Dec 2

Governor Raghuram Rajan will unveil the fifth bi-monthly monetary policy review on December 2.

26 Nov 2014

Markets pricing in rate cut, despite wary RBI

Rajan has resisted calls to cut the RBI`s 8% repo rate for fear of inflationary pressures.

26 Oct 2014

Finance Minister Arun Jaitley favours interest rate cut

Jaitley favours a cut in interest rates to trigger demand in the construction sector but the RB has signalled it will not ease policy until it is confident of lower inflation.

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