After repeated nudging by the Reserve Bank of India (RBI), the nation’s largest lender State Bank of India (SBI), on April 9, 2019, followed its smaller peers to lower the lending rates by a … READ FULL STORY
The Reserve Bank of India (RBI), on April 4, 2019, cut the benchmark interest rate by 0.25% for the second time in a row, to bring the interest rate to the lowest level in … READ FULL STORY
The Reserve Bank of India (RBI), in its last monetary policy review for the calendar year 2018, on December 5, 2018, left the repo rate unchanged while maintaining the stance of ‘calibrated tightening’ of … READ FULL STORY
A Supreme Court bench of chief justice Ranjan Gogoi and justices SK Kaul and KM Joseph, on October 8, 2018, asked the Reserve Bank of India (RBI) to communicate, within six weeks, its decision … READ FULL STORY
The Reserve Bank of India (RBI) opted for a surprising status quo, at the bi-monthly review, on October 5, 2018, on expectations of a softening price rise but changed the policy stance to ‘calibrated … READ FULL STORY
Fluctuations in the value of a currency, can affect the real estate market of a country in a variety of ways – from impacting the cost of services and raw materials used like steel … READ FULL STORY
Days ahead of the Reserve Bank of India’s (RBI’s) monetary policy review, SBI, PNB and ICICI Bank, on June 1, 2018, increased their benchmark lending rates or the marginal cost of funds-based lending rate … READ FULL STORY
The Reserve Bank of India (RBI), on April 5, 2018, kept the key policy rate unchanged at six per cent, for the fourth consecutive time since August 2017, in view of uncertainties around inflation. … READ FULL STORY
The Reserve Bank of India (RBI), on February 7, 2018, kept the repo rate unchanged at six per cent for the third time in a row, saying that higher government spending would accelerate inflation … READ FULL STORY
The Reserve Bank of India (RBI), on December 6, 2017, kept the key interest rates unchanged, on expected lines, but raised the inflation forecast for the remainder of the current financial year to 4.3-4.7 … READ FULL STORY
Citing surging inflation numbers, the Reserve Bank of India (RBI) left the short-term lending rates unchanged at 6 per cent, in its monetary policy review, on October 4, 2017. “In the present macroeconomic situation, … READ FULL STORY
The Reserve Bank of India (RBI), on October 4, 2017, kept interest rates unchanged as was widely expected, in view of an upward trend in inflation, even as it cut the growth forecast to … READ FULL STORY
The Reserve Bank of India’s (RBI’s) governor, Urjit Patel, on August 2, 2017, pointed out that slow clearances are affecting affordable housing projects at the state level. “I think we need a time-bound single-window … READ FULL STORY
