Chaudhuri has been calling for a 100 basis points cut in the banks' cash reserve ratio (CRR), which the Governor left unchanged at 4%
The RBI governor has set tight deadlines to bring out a slew of proposals on gold, real estate and other areas. Expect a lot of action the next few months
Central bank advises all banks to stop the practice of charging customers for availing of basic services from non-home branches
The Reserve Bank also restricted the lending against gold coins up to 50 grams only
Country's largest realty firm DLF said that the rate cut was "too little" to boost realty sector as well as economy.
Trading volumes in bonds to get boost
Forward guidance of RBI post rate cut remained cautious in the back of significant upside risks to inflation, CAD & its financing
ICICI bank, HDFC Bank and Axis Bank were accused of indulging in money laundering
'Critically what matters is, how effective the govt are in restoring the momentum of investment in the large projects'
Says symbolic 25 bps cut in repo rate is not going to translate into any reduction in interest rates at the ground level
He said that further action will depend on how economy is evolving and how prices move
The RBI cut its policy interest rate by 25 bps today for the third time since January
Part of investment proceeds would be used for 100-Mw Tidong run-of-river hydro power project in Himachal Pradesh
The four-day event will conclude on Sunday at the sprawling IECM complex, where wi-fi internet connection has been enabled for the occasion
The first phase of the road, to be laid under ADB's 'Proposed Road Consulting Mission'
The government faces hard but doable choices: create a sustainable bond market and cut the fiscal deficit
The street had expected that the guidance will be for further rate cuts
The BSE banking index, Bankex is down 1.7% compared to 0.56% fall in benchmark Sensex at 1117 hours.
Rate sensitives remain in red even as IT shares gain 1%; Bank and auto shares lead decline
Sees very limited scope for further easing of monetary policy, puts growth ball in govt's court