KOLKATA: If the history of Indian banks is any guide on what they do when it comes to passing on the Reserve Bank of India's interest rate cuts to consumers, there is not much to celebrate. The reluctant interest rate cut by lenders, from State ... Economic Times, 1 month ago
Banks may not transmit full benefit of RBI's 50 bps rate cut - Economic Times, 1 month ago
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India's central bank left interest rates unchanged as commercial lenders in Asia's third-largest economy have yet to pass on two previous cuts to customers. Governor Raghuram Rajan kept the benchmark repurchase rate at 7.50 percent, the Reserve ...Bloomberg, 1 month ago
The build up in reserves would also contribute toward India's long-stated goal of a free float for the rupee. — Reuters pic NEW DELHI, May 8 — Two years on from the emerging-market squall that offered a demonstration of what might happen when ...Malay Mail, 2 weeks ago One BRIC member squirreling record reserves before Fed storm Livemint.com, 2 weeks ago
India's retail inflation unexpectedly slowed despite crop damage from unseasonal rains, boosting the possibility that central bank Governor Raghuram Rajan will cut rates outside the review cycle for a third time this year. Consumer prices rose ...Bloomberg, 1 month ago
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(Updates with economist's comment in fifth paragraph.) Governor Raghuram Rajan kept the benchmark repurchase rate at 7.50 percent, the Reserve Bank of India said in a statement in Mumbai on Tuesday, a move predicted by 33 of 42 economists in a ...La Repubblica, 1 month ago
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