RBI Policy Review

RBI keeps policy rate on hold at 6.75 pct

RBI Governor Raghuram Rajan listens to a question during a news conference after the bi-monthly monetary policy review in Mumbai, February 2, 2016. REUTERS/Danish Siddiqui

The Reserve Bank of India (RBI) kept its policy rate on hold at 6.75 percent on Tuesday, as widely expected, opting to wait until after the government's annual budget statement at the end of February to decide on whether to cut interest rates further.  Full Article | Inter-meeting rate cut only in case of urgency 

A worker cleans the stairs of the Reserve Bank of India (RBI) building in Kolkata December 18, 2013. REUTERS/Rupak De Chowdhuri/Files
Rules For Start-Ups

RBI to ease rules for start-ups to access funds

The RBI plans to let start-ups receive foreign venture capital investments without any restrictions and enable transfer of shares from them to other residents or non-residents, making it easier for the fledging firms to access capital. The RBI also said it was considering other measures including allowing the start-ups, most of them in the technology sector, to access offshore rupee loans.  Full Article 

The Reserve Bank of India (RBI) logo is pictured inside its headquarters in Mumbai, December 1, 2015. REUTERS/Shailesh Andrade/Files
Expert Views

What experts are saying about the rate decision

“Given the flexible inflation targeting framework that we have formally adopted, I don't see any scope for rate reduction beyond 25 bps which may happen around budget time only after the RBI is convinced about the fiscal consolidation roadmap of the government”, says Rupa Rege Nitsure, Group Chief Economist, L&T Finance Holdings. For more expert views, click  Here 

Reserve Bank of India (RBI) Governor Raghuram Rajan speaks during a gathering of industrialists and bankers in Mumbai, September 18, 2015. REUTERS/Shailesh Andrade/Files
Eye On Budget

Budget key for reforms, lowering inflation: Rajan

Reserve Bank of India (RBI) Governor Raghuram Rajan said the central bank will look to the upcoming annual budget statement for details of government plans to encourage growth and control inflation, and will consider it as "a package". In particular, he said, the RBI would look for steps on investments, training, and skill development that could help lower the pace of inflation.  Full Article 

No Liquidity Shortage