BENGALURU, Dec 1 (Reuters) – The RBI will keep its key interest rate unchanged at 6.50% for a fifth consecutive meeting on Dec. 8 as inflation worries ebb, according to a Reuters poll of economists who unanimously expect the central bank’s next
Mumbai, Nov 16 (PTI) RBI on Thursday tightened norms for unsecured personal loans for banks and non-banking financial companies. The revised norms wherein risk weights have been increased by 25 percentage points will not be applicable on certain consumer loans, including housing,
MUMBAI, Oct 25 (Reuters) – RBI is keen that banks pass on the benefits of higher interest rates to account holders by raising the rates they offer on savings’ deposits, but lenders are pushing back in a bid to bolster margins, several
MUMBAI, Oct 19 (Reuters) – The RBI (Reserve Bank of India) is likely selling U.S. dollars again to defend the rupee and keep it from sliding to a record low, three traders told Reuters on Thursday. The rupee was at 83.2650 against