WPI inflation down to 3-month low. Will RBI cut rate in Feb?

Wholesale price based inflation declined to a 3-month low of 1.89 per cent in November on cheaper food items, and experts predicted a 0.25 per cent interest rate cut by the RBI in the policy review......

50 bps CRR cut will unlock Rs 1.16 lakh cr bank funds

To ease the potential liquidity stress, the Reserve Bank on Friday slashed Cash Reserve Ratio (CRR) by 50 basis points to 4 per cent, a move that would unlock Rs 1.16 lakh crore bank funds.......

RBI Guv Shaktikanta Das to demit office on Tuesday

Shaktikanta Das will demit the office on Tuesday after completing six years as the 25th Governor of the Reserve Bank of India. Illustration: Dominic Xavier/Rediff.com Revenue Secretary Sanjay......

RBI keeps policy rate unchanged, cuts GDP forecast to 6.6%

The Reserve Bank of India on Friday decided to keep the policy rate unchanged for the 11th time in a row but sharply lowered the GDP growth forecast to 6.6 per cent for the current fiscal, as......