A- A A+
Last Updated : Jul 23 2019 11:11PM     Screen Reader Access
News Highlights
Govt denies US President's claim on Kashmir mediation            Congress-JD(S) govt loses trust vote in Karnataka Assembly            SC extends deadline for Assam NRC publication to Aug 31            Boris Johnson to be UK's new PM            Sai Praneeth storms into second round of Japan Open           

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 23 (Jul) Midday News 23 (Jul) News at Nine 23 (Jul) Hourly 23 (Jul) (2300hrs)
समाचार प्रभात 23 (Jul) दोपहर समाचार 23 (Jul) समाचार संध्या 23 (Jul) प्रति घंटा समाचार 23 (Jul) (2305hrs)
Khabarnama (Mor) 23 (Jul) Khabrein(Day) 23 (Jul) Khabrein(Eve) 23 (Jul)
Aaj Savere 23 (Jul) Parikrama 23 (Jul) Lok Ruchi Samachar 21 (Jul)

Listen Programs

Market Mantra 23 (Jul) Samayki 23 (Jul) Sports Scan 23 (Jul) Spotlight/News Analysis 23 (Jul) Samachar Darshan 21 (Jul) Radio Newsreel 23 (Jul)
    Public Speak

    Country wide 18 (Jul) Surkhiyon Mein 18 (Jul) Charcha Ka Vishai Ha 17 (Jul) Vaad-Samvaad 23 (Jul) Money Talk 23 (Jul) Current Affairs 19 (Jul)