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BusinessToday.In
April 1, 2019
Sensex touched 39,115, a fresh all-time high rising 443 points against its previous close of 38,672. The index breached its previous record high of 38,989 hit on August 29 last year. The Nifty too hit an intra day high of 11,738, 22 points short of its all-time high of 11,760 hit on August 29, 2018.


BusinessToday.In
April 1, 2019
Share Market updates: While the Sensex rallied 339 points to 39,012 in early trade, the Nifty climbed 85 points to 11,673.


PTI
March 31, 2019



Rashmi Pratap
New Delhi, March 29, 2019
This is largely due to the triple benefits offered by the government in less than just two months of 2019.


PTI
Mumbai, March 28, 2019
The RBI monetary policy committee is scheduled to meet from April 2 to 4


PTI
March 25, 2019



PTI
New Delhi, March 22, 2019
The first meeting of the six-member MPC to decide on the first bi-monthly monetary policy statement for 2019-20 will be held from April 2 to 4.


Anand Adhikari
March 19, 2019
Banks operate in a very competitive environment. The current low deposit growth restricts banks' ability to cut rates.


PTI
March 12, 2019



Anand Adhikari
New Delhi, March 12, 2019
There is a competition for deposits in the market. The private banks and new payments and small finance banks are offering higher savings rate.


PTI
New Delhi, March 10, 2019
At present some banks like Kotak Mahindra, Yes Bank, RBL Bank and Singaporean lender DBS Bank pay higher interest to the tune of 5-6 percent on savings deposits regardless of the balance, while SBI, HDFC Bank, and ICICI Bank pay 4 percent per annum.


PTI
New Delhi, March 9, 2019
The new rates linked the external benchmark rate of the repo rate, will be effective May 1; but the move will not benefit all its depositors as the new rate is applicable only to those with a balance of over Rs 1 lakh in their accounts.


PTI
March 8, 2019



Anand Adhikari
New Delhi, March 5, 2019
The new RBI governor seems to be accommodative but the real test will come later.


PTI
February 27, 2019
With inflation likely to remain under 4 percent till October, the Reserve Bank may cut rates to the tune of 75-100 basis points in the next financial year, says a report.


Anand Adhikari
February 26, 2019
While transmission of interest rates always takes time, there are other factors that are coming in the way of softer interest rates.


PTI
February 21, 2019
The meeting, attended by heads of Punjab National Bank, Bank of Baroda, Bank of India, Bank of India, ICICI Bank, Kotak Mahindra Bank and IDFC First Bank, focused only on effective transmission of monetary policy.


PTI
February 19, 2019



BusinessToday.In
New Delhi, February 18, 2019
According to Kumar, it was not possible to cut deposit rates as other banks were currently offering significantly higher interest rates on deposits and these would need to get slashed first in order for State Bank of India to react.


Anand Adhikari
New Delhi, February 14, 2019
The RBI surprised the market with a cut in repo rate and may well follow up its inflation bet with another rate cut.


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