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Coming as a bolt out of the blue, the Reserve Bank of India (RBI) after a review of evolving liquidity conditions and in continuation of calibrated withdrawal of exceptional measures undertaken since July 2013, reduced the marginal standing facility (MSF) rate by a further 50 basis points from...

After surprising the market by a 25 bps cut in policy rates, analysts say, the RBI may ease monetary policy by another 75-100 bps for the year 2013. The RBI, however, has reduced the growth projections for the current financial year to 5.5 per cent from its earlier estimate of 5.8 per cent...

The Reserve Bank of India has raised repo rate by 50 basis point to 9 per cent from the existing 8.5 per cent. This short-term rate at which the RBI lends cash to banks was last raised on June 24 by 50 basis points to 8.5 per cent. The move is directed at cooling inflation that is running at...

source:RBI hikes repo, CRR by 50 bps each; loans may become dearer- Policy-Economy-News-The Economic Times MUMBAI: Challenged by unrelenting inflationary pressures, Reserve Bank today announced stringent measures of hiking mandatory cash reserve of the banks and its short-term lending rate to...

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Fed cuts rate by 50 bps: Are experts happy? The US Fed has cut Federal Funds rate by 50 bps to 3%, reports CNBC-TV18. Fed officials said they see a deepening in housing contraction and soft labour markets. According to them, financial markets are still under considerable stress and the...

SBI hikes PLR by 50 bps MUMBAI: The State Bank of India (SBI), the country's largest lender, has decided to increase its benchmark Prime Lending Rate (PLR) by 0.5 per cent to 11.5 per cent per annum with effect from Wednesday, the bank informed the Bombay Stock Exchange. The PSU bank’s...

RBI hikes reverse repo & repo rate by 25 bps The RBI once again has gone for what it calls pre-emptive action. It has chosen to hike the reverse repo and the repo rates by 25 basis points because of the imminent dangers to price stability, and also because all growth indictaors are running...