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Displaying Results for "rbi"
  • Indian rupee trading lower by 18 paise at 67.53 per dollar

    The Indian rupee trading lower by 18 paise at 67.53 per dollar on Friday....

    India Infoline News Service | Mumbai 13:51 IST | December 09, 2016

  • Rupee opens down 14 paise at 67.49 per dollar

    The Indian rupee opened lower by 14 paise at 67.49 per dollar on Friday versus its previous close of 67.35....

    India Infoline News Service | Mumbai 09:04 IST | December 09, 2016

  • RBI clarifies that there is no repayment holiday for borrowers

    As the SRO for the sector, MFIN is also responsible for client protection and ensuring that the voluntary Industry Code of Conduct for the sector is adhered to by the members....

    India Infoline News Service | Mumbai 15:27 IST | December 08, 2016

  • Rupee gains over 1% in 3 sessions

    The Indian Rupee is trading at its highest level since November 11, 2016 and this was the third consecutive day of rise of the domestic currency....

    India Infoline News Service | Mumbai 13:21 IST | December 08, 2016

  • HDFC Asset Management Company reacts to RBI's bi-monthly monetary policy

    As per RBI, the outlook for gross value added (GVA) growth for FY17 had turned uncertain as the impact of withdrawal of specified bank notes (SBNs) was still playing out. Incorporating the expected loss of growth momentum in third and fourth quarters...

    India Infoline News Service | Mumbai 12:56 IST | December 08, 2016

  • Rupee opens higher at 67.83 per dollar

    The Indian rupee opened higher by 7 paise at 67.83 per dollar on Thursday versus previous close 67.90....

    India Infoline News Service | Mumbai 09:04 IST | December 08, 2016

  • RBI decided to keep the policy rate unchanged at 6.25%, and other top economy news of the day

    Check out the most important news stories which captured the headlines at the economy level in India and internationally....

    India Infoline News Service | Mumbai 09:01 IST | December 08, 2016

  • Industry reacts to RBI Policy Repo Rate Announcement

    With todays announcement in the monetary policy review, the Repo Rate remains unchanged at 6.25%, Reverse Repo Rate under the LAF at 5.75%, Statutory Liquidity Ratio (SLR) at 21.5%, Cash Reserve Ratio (CRR) at 4% and Marginal Standing Facility (MSF)...

    India Infoline News Service | Mumbai 08:54 IST | December 08, 2016

  • Monetary Policy Review: Rates unchanged at 6.25%; Accommodative stance continues

    The policy tone remains accommodative, with the MPC reiterating the CPI target of 5% by Mar17 while the medium term CPI target remains at 4% within a band of 2%, while supporting growth. The next bi-monthly monetary policy statement is scheduled for...

    India Infoline News Service | Mumbai 18:52 IST | December 07, 2016

  • RBI maintaining a neutral liquidity stance: ICRA

    The adequate systemic liquidity will ensure that rates remain soft though higher than the levels sees two weeks back and help banks book sizeable treasury gains in the current quarter to support their profitability matrices....

    India Infoline News Service | Mumbai 18:40 IST | December 07, 2016

  • RBI voted unanimously on the decision: R. Sivakumar, Axis Mutual Fund

    The RBI was facing two opposite forces in its decision today. On the one hand evidence on inflation till October indicated that the year-end target of 5% would be met, while incoming data on global factors suggested some upside risk....

    India Infoline News Service | Mumbai 18:35 IST | December 07, 2016

  • Real Estate sector was very much in need of a rate cut: Deepak Kapoor

    The risk of inflation which continues to be on an upper side is a reason that rates havent been reduced. However, real estate sector was very much in need of a rate cut even if it was to be of 25-50 basis point....

    India Infoline News Service | Mumbai 18:30 IST | December 07, 2016

  • RBI maintained stability in monetary policy with a focus on med-term inflation: Chanda Kochhar

    The policy has maintained an accommodative stance while taking into account global developments and domestic economic conditions. With respect to demonetisation, the assessment that this will have only a transient impact on growth is welcome....

    India Infoline News Service | Mumbai 18:24 IST | December 07, 2016

  • 'Modi'fied version of Policy has been delivered by Dr. Urjit Patel: V S Parthasarathy

    Domestically, the demonetisation funnelled enough & more liquidity in the system and inflation has been undershooting the RBI trajectory. In view of the above positives and concern on the fragility of business growth, a rate cut would have been t...

    India Infoline News Service | Mumbai 18:17 IST | December 07, 2016

  • RBI maintaining status quo, a surprising move especially post demonetisation says Ashwin Sheth

    RBI had already taken few steps including 100% incremental increase in Cash Reserve Ratio to withdraw excess liquidity from banks. Also, the banks were flushed with funds following demonetisation of old high value notes from November 9, said Ashwin S...

    India Infoline News Service | Mumbai 18:14 IST | December 07, 2016

  • View on RBI Policy by Rana Kapoor, Yes Bank

    Post the outcome of the US Fed meeting, and stabilization of the Demonetisation initiative, in my opinion there will be room to deliver a 50 -75 bps cut in the Repo rate, in the next post Budget meeting in Feb-17 term, and surely by April 2017....

    India Infoline News Service | Mumbai 18:08 IST | December 07, 2016

  • RBI adopted a wait-and-watch policy for the moment: Govind Sankaranarayanan

    This has left enough room for a potential rate cut in its next monetary policy announcement once the impact of demonetisation is more visible....

    India Infoline News Service | Mumbai 18:01 IST | December 07, 2016

  • Rates unchanged by RBI is disappointing: Rohit Gera

    The recent demonetisation move by the Government had led to substantial liquidity in the banking system. Further,this move has led to the need for a stimulus to the economy....

    India Infoline News Service | Mumbai 17:57 IST | December 07, 2016

  • Reaction to RBI Monetary Policy from JLL India

    However, growth outlook for the current fiscal year 2016-17 has been lowered sharply from 7.6% yoy projected earlier to 7.1% yoy at the moment....

    India Infoline News Service | Mumbai 17:53 IST | December 07, 2016