Soumya Kanti Ghosh, group chief economic adviser, SBI said the RBI is likely to raise the policy rate at its June and August meetings by a cumulative 75bps. The MPC will after that take a more balanc...

Industry has not reacted positively to the 40-basis-point increase in the policy repo rate and the 50 basis points rise in the cash reserve ratio (CRR) saying that the twin moves will further crimp de...

A State Bank research report has suggested  major changes in the tax treatment of interest rate on bank deposits as the real interest rate on deposits have turned negative amid the lure of return...

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Reserve Bank of India (RBI) governor Shaktikanta Das on Wednesday said there would be sufficient liquidity in the system and the apex bank would conduct the government’s borrowing programme in a...

The Reserve Bank of India (RBI) on Friday disappointed the bond markets as it decided to normalise the cash reserve ratio (CRR) in a two-phased manner and extended the relaxation with regard to govern...

The Reserve Bank of India (RBI) on Friday decided to hold rates and continue with its accommodative stance to help the recovering domestic economy gain more traction but was silent on the timeframe fo...

Among the Sensex players on Monday, Bajaj Finance fell 3.44 per cent to Rs 4,713.60, Bajaj Finserv lost 3.21 per cent to close at Rs 8,354.40, while HDFC declined 2.49 per cent to Rs 2,566.40. In Mond...

The RBI could roll back the 100 basis points cut in the cash reserve ratio (CRR) and come out with various other measures as it looks to soak up surplus liquidity that has resulted in money market rat...

The proposal by an RBI panel to let industrial houses set up banks and large NBFCs convert themselves into banks have enough deterrents to stop the big players in their tracks. In fact, the RBI had c...