RBI Policy Review

RBI cuts repo rate by 25 bps, warns of little room for more

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MUMBAI - The Reserve Bank of India (RBI) cut interest rates on Friday by a quarter point for the third time since January but said there is little room for further policy easing, disappointing investors and putting the onus on the government to revive a moribund economy.

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Highlights: RBI cuts repo rate by 25 bps, holds CRR 03 May 2013

MUMBAI - The RBI cut its benchmark interest rate by 25 basis points on Friday for the third time since January, as expected, as growth slows and inflation ebbs, but said there is little room to ease monetary policy further, disappointing markets.

Business, Economy
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Expert views: RBI cuts repo rate by 25 bps, holds CRR 03 May 2013

MUMBAI - The Reserve Bank of India (RBI) cut its policy interest rate by 25 basis points on Friday for the third time since January, as expected, as growth slows and inflation ebbs, but said there is little room to ease monetary policy further.

Business, Economy
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Lenders have 'considerable' liquidity buffer: Subbarao 03 May 2013

MUMBAI - Banks have considerable amount of liquidity buffer in the form of bonds which are eligible for meeting statutory liquidity reserve needs, Reserve Bank of India Governor Duvvuri Subbarao said on Friday at a post-policy briefing.

Business, Economy
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RBI chief's comments after monetary policy 03 May 2013

MUMBAI - The RBI cut its benchmark interest rate by 25 basis points on Friday for the third time since January, as expected, as growth slows and inflation ebbs, but said there is little room to ease monetary policy further, disappointing markets.

Business, Economy
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Timeline: Changes to repo rate since June 2000 03 May 2013

REUTERS - The Reserve Bank of India (RBI) cut its benchmark interest rate by 25 basis points on Friday for the third time since January, as expected, as growth slows and inflation ebbs, but said there is little room to ease monetary policy further, disappointing markets.

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Timeline: Changes to SLR for banks since 1949 03 May 2013

REUTERS - The RBI cut its benchmark interest rate by 25 basis points on Friday for the third time since January, as expected, as growth slows and inflation ebbs, but said there is little room to ease monetary policy further.