RBI rate cut

Bank, realty, auto stocks extend fall; plunge up to 9 per cent

Interest rate sensitive stocks banking, realty and auto - continued to fall for the second straight session, losing up to 3 per cent, as the RBI policy action failed to enthuse investors.

published on : 3rd August 2017

RBI rate cut important step for sustained growth: Finance Ministry

The finance ministry today said the RBI's decision to cut key policy rate by 0.25 per cent is an important step to achieve sustained growth consistent with moderate inflation and India's potential.

published on : 2nd August 2017

RBI to drain liquidity without destabilising markets, says deputy governor Viral Acharya

The central bank has been mopping up excess liquidity from the market using cash management bills and open market sale of bonds since demonetisation.

published on : 2nd August 2017

RBI becomes first central bank in Asia to cut rates this year

The Reserve Bank of India cut its main policy rate on Wednesday by a quarter percentage point to a more than six and a half year low, saying a slump in inflation opened room for monetary easing.

published on : 2nd August 2017

Sensex cold to RBI's 25 basis points rate cut, down 129 pts

The 30-share index, which had retreated from record highs in late morning trade, was trading down 0.4 per cent, at 32,446.37 soon after the RBI announced its bi-monthly monetary review.

published on : 2nd August 2017