RBI

Comments on RBI Policy by Epic Research

Comments on RBI Policy by Epic Research

RBI has left the rates unchanged while the market was expecting at least 25 basis points cut.

Views on RBI Rate Cut by Romesh Tiwari, CapitalAim

Views on RBI Rate Cut by Romesh Tiwari, CapitalAim

RBI panel announced 25 basis points rate cut but Indian stock markets were expecting a small rate cut. The rate cut hasn't led to any major market movement.

HDFC hopes revision of key interest rates by RBI

HDFC hopes revision of key interest rates by RBIDeepak Parekh, chairman of Housing Development Finance Corporation (HDFC), said that his bank can cut interest rate in case the Reserve Bank takes steps to reduce lending rates in the market, making the fund cost cheaper for banks.

Hoping reduction in key interest rates, Mr. Parekh said, "Banks are funding (parking) Rs 40,000 crore to Rs 60,000 crore with RBI under the reverse repo window. (This means) there is enough liquidity in the system and that is why there is a likelihood of interest rates coming down."

RBI eases rules on access of forex loans by exporters

RBI eases rules on access of forex loans by exportersExporters facing tough situation due to slump in overseas demand have a reason to cheer. The Reserve Bank of India has relaxed norms pertaining to export credit in the global market, enabling exporters to avail funds from overseas market.

RBI approves extension for forex swap

RBI approves extension for forex swapIndian banks can now avail forex swap facility until the end of the financial year 2009/10 as the reserve Bank of India has approved its extension and increased the interest rate ceiling on foreign currency export credit with immediate effect. The move would help to mitigate the credit problem in the midst of tight liquidity conditions.

RBI Hopes Early Revival Of Growth Story

RBI Hopes Early Revival Of Growth StoryRBI has assured business community that it would take all possible steps to maintain adequate money supply in the country's finance system. It urged banks to cut interest rates to ensure credit at cheap rates without compromising quality of credit. The bank said, in a recently released report, that financial health of country is sound due to active liquidity management by bank.

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