RBI keeps repo rate unchanged at 6.5%

RBI said inflation in the second half of the current fiscal is projected at 2.7-3.2%. It retained its GDP forecast for the current fiscal at 7.4% The Reserve Bank of India (RBI) on Wednesday......

RBI to cut SLR gradually to 18% by mid-2019

The move may release funds locked in government securities and add to liquidity. With inflation expectations lowered, this should not impact bond sentiment in the short run The RBI has decided to......

'Great risk to nations from undermining independence of central bank'

'The Reserve Bank's independence has remained a work in progress, an enduring challenge that the nation has been grappling with on an ongoing basis,' says RBI Deputy Governor Dr Viral V Acharya.......

Highlights of RBI's monetary policy

Reserve Bank of India announced its monetary policy on Tuesday. Here are the highlights: Short-term lending rate (repo) cut by 0.25% to 7.25 % Cash Reserve Ratio unchanged at 4% Statutory......