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Total 1652 results found. Search for [ RBI cuts ]

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BusinessToday.In
New Delhi, December 10, 2019
Public sector banks turn profitable in Apr-Sept; post Rs 3,221 crore of aggregate profitMinister of State for Finance Anurag Singh Thakur told Lok Sabha that public sector banks have returned to profitability, posting an aggregate profit of Rs 3,221 crore in the first half ending September. State-run lenders made aggregate provisions for NPAs and other contingencies of Rs 2.40 lakh crore and Rs 2.35 lakh crore in FY2018 and FY2019, respectively, he said in a written reply. As per ...


BusinessToday.In
New Delhi, December 10, 2019
Bank of India cuts MCLR: The new one-year MCLR is fixed at 8.20 per cent as against 8.30 per cent


BusinessToday.In
New Delhi, December 10, 2019
HDFC Bank cuts MCLR: The bank has stated that the latest rates will be applicable from December 7


BusinessToday.In
New Delhi, December 9, 2019
Rajan pointed out that extreme centralisation, coupled with lack of empowered ministers and a coherent guiding vision meant reforms picked up steam only when PMO focused on them and lost pace when its attention switched to other pressing issues


BusinessToday.In
New Delhi, December 9, 2019
SBI MCLR cut: The bank has stated that it is the cheapest loan provider in the country


BusinessToday.In
New Delhi, December 8, 2019
India's GDP growth rate slowed down to 4.5 per cent in the July-September quarter of this fiscal; matters have worsened since the June quarter when GDP growth slowed to 5 per cent, lowest in six years and a quarter


Reuters
December 7, 2019
OPEC+, which includes more than 20 producers, pump over 40% of the world's oil


Dipak Mondal
December 6, 2019
Rajeev Singhal, MD, Tata Steel BSL, says that the results of financial year 2018-19 are a testimony to the overall improvement the company has been able to achieve in a short period of time


BusinessToday.In
New Delhi, December 5, 2019
Since January 2014, RBI has reduced repo rate by 2.85 per cent to 5.15 per cent in October 2019. But, banks have not transferred this rate cut in entirety to consumers which is yet to be transmitted to retail borrowers


Anand Adhikari
New Delhi, December 5, 2019
There will be four things to watch out for in the RBI's monetary policy statement today -- GDP forecast, fiscal deficit, inflation outlook and repo rate


BusinessToday.In
New Delhi, December 5, 2019
MPC Meet: Reserve Bank of India Governor Shaktikanta Das-headed MPC has cut interest rates on every bi-monthly meet since he joined the apex bank last December


BusinessToday.In
New Delhi, December 4, 2019
Sundar Pichai to replace Larry Page as CEO of Google parent Alphabet as co-founders step asideGoogle Chief Executive Sundar Pichai will replace Larry Page as CEO of parent Alphabet Inc, extending a long retreat from public roles and active management by Page and Sergey Brin at the company they co-founded 21 years ago. Page, Brin and Pichai have all shared an emphasis on developing artificial intelligence software to make web searching and other tasks faster, while long-time produc...


BusinessToday.In
New Delhi, December 3, 2019
The rating action comes days after India's GDP growth hit a six-and-half-year low of 4.5 per cent in the second quarter of the current fiscal


Manoj Sharma
New Delhi, December 3, 2019
When RBI cuts repo rate, it expects banks to pass on the benefit by lowering interest rates on all types of loans, including home loans and car loans


PTI
New Delhi, December 3, 2019
RBI MPC meet: If the Reserve Bank of India cuts the repo rate on Thursday, it would be the sixth reduction in the short-term lending rate in 2019


BusinessToday.In
New Delhi, December 2, 2019
The report says the full-year growth would be around 5 per cent, with a marginal recovery in Q3 and Q4; adds the RBI may announce more rate cuts of up to 25 basis points in its upcoming policy meet


BusinessToday.In
New Delhi, December 2, 2019
The report says private investment will bounce back as capacity utilisation rises and the cost of borrowing declines; says the government's initiatives like corporate tax cut will support investment


PTI
December 1, 2019
In five reductions by RBI's monetary policy committee (MPC) so far in 2019, interest rates have been lowered by a total of 135 basis points over concerns that growth momentum is slowing down and also to try to boost liquidity in the financial system


Anand Adhikari
November 29, 2019
The just released GDP data for the second quarter (July-September) shows that the growth has gone down to 4.5 per cent (the lowest in six years) from 5 per cent in the first quarter (April-June)


Reuters
Bengaluru, November 27, 2019
RBI has cut rates by 135 basis points this year to 5.15%, but inflation has remained low by historical standards


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