Fri, Oct 05, 2018
Majority of experts believe that once again RBI will hike policy repo rate, which is currently at 6.50%. The last time this policy repo rate was seen in April 2016 policy.
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Fri, Oct 20, 2017
According to a Kotak Economic Research report, besides inflationary pressures, fiscal slippage concerns and possible volatility in global markets worried some MPC members.
Thu, Oct 19, 2017
Though the economy has bottomed out in the first quarter and retail inflation may stay under 3 per cent in October, since core inflation is likely to be above 4 per cent, we expect the rates to remain unchanged even in the December policy, said Japanese brokerage Nomura.
Thu, Oct 05, 2017
RBI notified the peer-to-peer lending platform has been notified as an NBFC under section 45I (f) (iii) of the Reserve Bank of India Act, 1934.
Government had budgeted gross market borrowings of Rs 5.8 lakh crore ($88.57 billion) for FY18. Of this, 3.72 trillion rupees was raised in the first half of the year.
Wed, Oct 04, 2017
From June - till date, RBI has reduced the Statutory Liquidity Ratio by 100 basis points. SLR which stood at 20.5% before June will now reach to 19.50% from next week.
Although, the central bank decided to make no changes in real interest rate, it introduced a list of framework for trading platforms at different levels.
India's fourth bi-montly monetary policy data for FY18 will be released by RBI October 04, 2017. At present, policy repo rate stands at 6%.
RBI has kept forecast for GVA growth unchanged at 7.3% in August 2017 policy compared to June policy. Analysts expect the forecast for this indicator to be lowered for coming quarters of FY18.
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