Instructions were issued on holding loan camps in the last week of September.
Over to the government how they manage the uncertainty of monsoon and revive spending in order to entice RBI for another round of rate cuts
Lenders fret over stubbornly weak credit growth and still high funding costs.
After months of denying there was a liquidity problem, Governor Raghuram Rajan has reversed course.
More than 127 million new bank accounts have been opened.
Various global and domestic factors had a sizable impact on the performance of the Indian markets
Dy Governor notes it's an era of job changes for better.
The appointment will be made by Prime Minister Narendra Modi in consultation with Finance Minister Arun Jaitley.
The steep fall in rupee came on a day when the Reserve Bank of India in its first quarter review of monetary policy kept the all key rates unchanged but cut the gross domestic growth forecast to 5.5 per cent for FY'14 from 5.7 per cent earlier.
Private sector output in India expanded for the first time in 8 months in February as slump in the services sector moderated and manufacturing grew at a stronger pace, an HSBC survey said.
SBI asked RBI to allow lenders sell loans below the base rates.
RBI likely to cut rate early next year.
A reading below 50 means contraction in the sector.
Jaitley said if interest rates were lowered, the economy could grow faster than 7-7.5 per cent.
Barry Eichengreen, professor of economics and political science, University of California, Berkeley, analyzes the transparency of the Reserve Bank of India, the growth rate of the Indian economy and why he feels globalisation can never be rolled back.
Financial services firm AnandRathi analysed the key points of the policy soon after it was announced.
State-owned banks account for more than two-thirds of the sector's assets and about 85 percent of bad debts
The April-June quarter GDP slipped to 7 per cent from 7.5 per cent.
'The governor does enjoy a certain amount of recognition in the public and if he is able to communicate on some of those larger issues using the gravitas of his office, I think his contribution to the larger public will be great'
On price rise, HSBC said that the rate of cost inflation decelerated sharply while output prices were unchanged.
She said 30 basis points (0.30 per cent) rate cut has already happened.
The global financial services major had earlier said that the central bank would keep its policy rates on hold.
RBI has cut the rates thrice so far in 2015 by 25 bps each.
India's exports shrank in January for the 14th straight month on continued weak demand from Europe
Pulses cropping has jumped to 39.4 per cent above 2015 levels.
India's current limit of $25 billion for ownership of government bonds by FIIs is fully utilised, leading to calls for increasing it
Urjit Patel as the new RBI governor whose focus is on taming inflation has lowered the probability of interest rate cut soon
One can expect significant changes at India's banks in ensuing months.
He will be the eighth Deputy Governor to be made Governor at RBI
Sectoral performance was mixed with media and PSU banking stocks attracting buyer interest and healthcare, FMCG and metal stocks bearing the brunt of the bears
Since January this year, RBI has cut the repo rate - at which it lends to commercial banks -- to a gross of 1.25 per cent.
RBI will be cautious easing rates further given oil price uncertainties
Increased demand for the dollar weighed on the local currency.
Stock selection in India remain relatively low-beta given the lack of any conviction here on any near-term upturn in the investment cycle
The Reserve Bank of India (RBI) is likely to take a "more dovish" stance in its upcoming monetary policy review on December 2 and may go in for a cut repo rate in February, according to a British brokerage house report.
Addressing a rally in Suratgarh town of Ganganagar district, a day after declaring his party would roll out the scheme if voted to power, Gandhi alleged that Prime Minster Narendra Modi gave money to the rich and top industrialists of the country, but the Congress would serve the poor.
India's first quarter GDP growth print was 7.9 per cent y-o-y, primarily led by urban consumption demand
As Indians scrambled to exchange the banned notes for new currency, Paytm, Sharma's digital payments startup, went on a promotional spree, inviting Indians to start using Paytm's digital wallet to pay for everyday goods and services.
Raghuram Rajan speaks on the unscheduled rate cut.
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According to the research note, the jump in volatility following the tightening of liquidity by the RBI on July 15 is likely to move lower and current levels could prove an attractive entry point into the market.
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