The Reserve Bank of India (RBI) on Tuesday kept the key rates unchanged and said there are progressive signs of economic recovery but warned that the overall scenario continued to be uncertain with fiscal consolidation posing a challenge.
The RBI has cut repo and reverse repo rate cut by 25 basis point.
http://www.ibnlive.com/news/fy10-current-account-gap-will-be-lower-dy-governor/90847-7.html
Through repo rate RBI infuses cash into the banking system.
http://www.ibnlive.com/news/rbi-cuts-interest-rates-to-push-growth--watch/90752-7.html
RBI cut repo and reverse repo rates by 50 basis points.
http://www.ibnlive.com/news/rbi-rate-cut-deposits-to-pay-less-loans-to-cost-less/86849-7.html
Reduced repo and reverse repo rates help in infusing liquidity in the economy.
http://www.ibnlive.com/news/rbi-cuts-key-rates-again---experts-cheer-rates-cut/86808-7.html
There will be further disincentive for banks to just park money with RBI.
http://www.ibnlive.com/news/experts-cheer-reverse-repo-cut-see-rise-in-lending/86806-7.html
Reduced repo and reverse repo rates help in infusing liquidity in the economy.
http://www.ibnlive.com/news/reserve-bank-of-india-cuts-key-rates-again/86801-7.html
RBI moves to inject funds into system, signaling soft interest rate regime.
http://www.ibnlive.com/news/psu-banks-to-cut-interest-rates-says-iba-chairman/84271-7.html
This new year, banks are giving no gift to borrowers.
http://www.ibnlive.com/news/banks-wont-slash-loan-rates-this-new-year/81714-7.html
The rate cut sends out a strong signal to banks to follow the suit.
http://www.ibnlive.com/news/rbi-cuts-repo-rates-by-100-bps-but-banks-play-it-safe/79907-7.html
Leading commercial banks remained reluctant for immediate cut in rates.
http://www.ibnlive.com/news/india-inc-welcomes-rbi-move-banks-undecided-on-rate-cuts/79886-7.html
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