Wed, Aug 16, 2023
“As we now expect inflation to track at 6 per cent in QE December23, we delay the start of the easing cycle to 2Q24 from 1Q24. We maintain our expectation of two rate cuts of 25bps each.
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Mon, Jan 16, 2017
Credit growth of United Bank of India (UBI) at the end of financial year 2016-17 (FY17) will be as low as 7-8% due to demonetisation impact, its MD and CEO P Bajaj said.
Tue, Dec 06, 2016
The six-member Monetary Policy Committee (MPC) began its deliberations on Tuesday amid widespread expectations of at least 0.25% (25-basis point) cut in the policy rate to cushion the impact of demonetisation.
Sun, Dec 04, 2016
Reserve Bank of India (RBI) Governor Urjit Patel is expected to again go in for a 0.25% interest rate cut at its next policy review on December 7, Wednesday, with an aim to cushion the impact of demonetisation, a majority bankers feel.
Sat, Dec 03, 2016
The Reserve Bank of India (RBI) will come out with monetary policy review, the first after demonetisation of old Rs 500 and Rs 1,000 notes, on Wednesday amid expectations of interest rate cut.
The Reserve Bank of India (RBI) is expected to cut interest rates next week and economists are set to chop growth and inflation forecasts after Prime Minister Narendra Modi`s currency crackdown rattled the economy and severely hurt consumption, a Reuters poll showed.
Sun, Nov 27, 2016
Patel said that according to bankers the situation is getting better and in the metros things are stabilising but the remote locations are still feeling some pain.
Sat, Nov 26, 2016
In order to absorb the surge in liquidity in banking system following demonetisation of high value notes, the Reserve Bank of India (RBI) introduced an incremental Cash Reserve Ratio (CRR) of 100% for the fortnight beginning from Saturday.
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