Tag: sbi

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Posted in Economy

RBI has room to cut rates, can’t predict timing: Economists

MUMBAI: India’s record low retail inflation of 0.25% is ‘too low to ignore,’ economists said after the latest October print, with some of them pencilling…

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Global value chain going through disruptive phase: Finance Minister Sitharaman

Finance Minister Nirmala Sitharaman on Thursday highlighted that the global value chain is going through a disruptive phase amid developing technology and innovation. She further…

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Inflation Makes Case for Rate Cut, but Growth Indicators are Benign
Posted in Economy

Inflation makes case for rate cut, but growth indicators are benign

Mumbai: Odds have shortened on further easing in policy rates by the Reserve Bank of India (RBI) after the retail pricing gauge plunged to an…

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RBI’S real-time move: Glitches mar new cheque clearance system

Mumbai|Kolkata: The Reserve Bank of India’s new real-time cheque clearance system, aimed at improving efficiency, is facing glitches with some customers complaining about delays arising…

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RBI’s MPC starts deliberations on key interest rate; decision on Wednesday

The Reserve Bank’s Monetary Policy Committee began its three-day deliberations amid expectations of status quo on the key interest rate, but some experts think that…

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Posted in Economy

RBI expected to hold policy rate, but surprise cut possible

The Reserve Bank of India is widely expected to hold its key policy rate at 5.50% on Wednesday, though some economists say a surprise cut…

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RBI MPC meeting to begin today, policy rate announcement on Wednesday

The Monetary Policy Committee (MPC) of the Reserve Bank of India will begin its three-day meeting today in Mumbai to decide on the policy rates….

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RBI may go for 25 bps rate cut as inflation likely to remain benign: SBI Research report

A SBI research report has pitched for a 25 bps rate cut, saying it is the ‘best possible option’ for the RBI, though some other…

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August inflation above 2% dents hopes of October rate cut: SBI Research

With August inflation slightly above the 2 per cent mark, hopes for a rate cut in October have dimmed, said SBI Research in its latest…

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FinMin for creation of two globally competitive banks as part of Viksit Bharat vision

India aims to establish two globally competitive banks, with assets that would rank them among the top 20 lenders in the world as part of…

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