RBI Saw Slowdown, Acted Ahead Of Time By Cutting Interest Rates From Feb: Das

In the last MPC meeting when we took a pause, I don't know why the market was surprised, said RBI Gov Shaktikanta Das.

Rupee Hits New Low Of 74.13, Plunges 55 Paise Against US Dollar

After RBI kept the policy rates unchanged, Rupee nosedived 74.13 to clock the new high of 74.13 against US dollar at the Forex market today

RBI Seen Holding Rates, Talking Tough On Inflation

The central bank has already been warning that inflation would return, ending a period of historically low levels that let it cut the repo rate by 2 percentage points to the current 6.0 percent over the past two years

RBI Panel Pushes New Rules So Lenders Pass On Rate Cuts More Quickly

The panel, set up to look into why commercial banks were not passing on the central bank's rate cuts, said in a report that banks "deviated in an ad hoc manner from the specified methodologies" for calculating their lending rates to avoid fully following the RBI's rate moves

RBI Seen Holding Rates, Expected To Sound Less Hawkish

The Reserve Bank of India (RBI) will likely strike a less hawkish tone while leaving interest rates unchanged at a policy meeting on Wednesday, according to analysts, as inflation is running well below forecasts, and the economy has slowed more than expected

May Headline Inflation Eases To 4.70 Per Cent

Policy Will Ensure Liquidity, Says Subbarao