Last Updated : Mar 25 2019 9:59PM     Screen Reader Access
News Highlights
BJP terms Congress’s minimum income promise as bluff            Filing of nominations for 1st phase of LS polls ends            NCP releases manifesto for Lok Sabha polls            SC issues notice to CBI in case against Mulayam, sons            IPL: Rajasthan win toss, opt to field against Punjab           

Business News

Feb 08, 2019
8:41AM

Bankers welcome 25 basis point rate cut announced by RBI

File Pic: PTI
Bankers have welcomed the 25 basis point rate cut announced by the RBI in the sixth bi-monthly monetary policy review yesterday.

SBI Chairman Rajnish Kumar said, the policy rightfully signals that rates may further soften going forward, with the headline inflation numbers consistently undershooting the RBI inflation mandate and inflation expectations materially down.

Reserve Bank of India in its bi-monthly monetary policy reduced repo rate by 25 basis points to 6.25 per cent yesterday.

RBI's six-member Monetary Policy Committee also brought down reverse repo rate to 6 per cent. 
 

Live Twitter Feed

Listen News

Morning News 25 (Mar) Midday News 25 (Mar) News at Nine 25 (Mar) Hourly 25 (Mar) (2000hrs)
समाचार प्रभात 25 (Mar) दोपहर समाचार 25 (Mar) समाचार संध्या 25 (Mar) प्रति घंटा समाचार 25 (Mar) (1900hrs)
Khabarnama (Mor) 25 (Mar) Khabrein(Day) 25 (Mar) Khabrein(Eve) 25 (Mar)
Aaj Savere 25 (Mar) Parikrama 25 (Mar) Lok Ruchi Samachar 24 (Mar)

Listen Programs

Market Mantra 25 (Mar) Samayki 25 (Mar) Sports Scan 25 (Mar) Spotlight/News Analysis 25 (Mar)
    Public Speak

    Country wide 21 (Mar) Surkhiyon Mein 21 (Mar) Charcha Ka Vishai Ha 20 (Mar) Vaad-Samvaad 19 (Mar) Money Talk 19 (Mar) Current Affairs 22 (Mar)