Since June, retail inflation sprang fresh downside surprises to reach six-year low of 2.1% y/y. Average CPI inflation in 2025-26 will likely undershoot the RBI's downwardly revised projection of 3.7%
Credit rating agency Fitch Ratings says ₹5.6 trillion liquidity infusions and cash reserve ratio cut will support loan growth, though banks may see short-term pressure on margins
Thus far in the month of June 2025, the realty index has outperformed the market by surging 9.4 per cent, as against 0.5 per cent gain in Nifty 50
The person aware of the Reserve Bank of India's thinking declined to be identified because they are not authorised to speak to the media. The RBI did not reply to an email seeking comment
Capri Global, Five-Star Business, IIFL Finance, Bandhan Bank, Fedbank Financial, ESAF SFB and RBL Bank from the BSE Financial Services index have rallied between 5% and 14% in intra-day trade today.
The cut in CRR would release primary liquidity of about Rs 2.5 lakh crore to the banking system by December 2025
The policy, according to U R Bhat, co-founder & director, Alphaniti Fintech shows the RBI's confidence in inflation and other macro variables
Hours after RBI's jumbo rate cut, state-owned Punjab National Bank (PNB) on Friday announced up to 50 basis points reduction in lending rate, a move which will help existing and new borrowers. Other banks are also expected to make similar announcements soon. "Great News for Our Valued Customers! Punjab National Bank Makes Your EMIs More Affordable! Following the repo rate cut (6.00% - 5.50%), Punjab National Bank has reduced its RLLR by 50 bps, effective from June 9, 2025," PNB said in a post on X. With the reduction in the benchmark repo-linked benchmark lending rates (RBLR), the home loan of the bank will start from 7.45 per cent while vehicle loans from 7.8 per cent per annum. Earlier in the day, the Reserve Bank of India (RBI) cut interest rates by a larger-than-expected 50 basis points, and unexpectedly reduced the cash reserve ratio for banks to make available more money to lend in a bid to boost the economy. The RBI's six-member monetary policy committee, headed by Governor
The policy outlook will depend on the macro outlook. We see downside risks to the RBI's GDP growth and CPI inflation outlooks, said Nomura, in a note.
RBI MPC's latest decisions come amid easing inflationary pressures and continued challenges to economic growth. Here are the highlights from the central bank's June policy meet
With the reduction in four equal tranches ending November 29, 2025, the CRR would come down to 3 per cent
Looking ahead, we believe that the growth-inflation outlook suggests that there is room for another 25 bps rate cut in either the April or the June 2025 meetings
This reduction in the CRR released primary liquidity of approximately Rs 1.16 trillion into the banking system
In the previous trading session, the benchmark indices ended their five-day winning streak in response to the RBI Monetary Policy Committee's decision to maintain the repo rate at 6.5 per cent
Maintains neutral stance; sets stage for Feb rate action
In all, the policy has travelled considerable space in addressing the emerging issues in financial services
RBI maintains the status quo on repo rate but cuts CRR by 50 bps what does it mean for the markets? Experts decode
May cut cash reserve ratio, lower growth and inflation projections
Indians are flocking to invest in stocks, putting pressure on banks which need to strike a balance between deposits and loans
Lowering the cash deposit ratio or the proportion of deposits which banks are mandatorily required to park with the RBI will help the lenders facing low deposit growth, SBI Managing Director Ashwini Kumar Tewari said on Monday. Conversations for such a cut are on, he told reporters here, clarifying that the country's largest lender does not need such a reduction as it is well placed on the liquidity front. There has not been any formal request for a CRR cut made either, he added. Speaking at an event organised by domestic rating agency Careedge, Tewari said, "We have to look at various avenues for helping tide over the challenge posed by lower deposit growth", and specifically mentioned a request to get bank deposits at par with capital market investments while referring to CRR and SLR. To a question on whether the bank has sought a CRR cut, he said, "We have not sought any formal dispensation, but it is a conversation we continue to have. I don't think there is any move to do this