In a Q&A, Rajkiran Rai G says retail credit can't make up for tepid corporate demand
Here's a selection of Business Standard opinion pieces for the day
Government had announced a cut in small savings rates by 50-100 basis points for the first quarter of the new financial year.
West Bengal leads the annual state wise table of contribution to small savings at 15.09 per cent. For the year FY18, Tamil Nadu is fifth in the small savings pecking order at 4.8 per cent
Reversal of interest rate cut should have been avoided
While the low interest rate policy may or may not help with investment, output and employment, it can aggravate, if not cause, financial instability
Analysts want RBI to look at 'unconventional' monetary policy measures for a revival nudge
The finance ministry has been nudging public sector banks to pass the whole repo rate cuts to retail loans for pushing consumption
The Reserve Bank of India is expected to hold a media interaction later in the day today. It is widely expected that the central bank will cut rates and announce measures to boost sentiment.
On rate transmission by banks, Kumar said when interest rate moves downwards then everybody starts talking and when it goes upwards nobody talks about it
Repo rate now stands at 5.15%, lowest in nine years. A sixth cut this year would mark the longest streak of consecutive rate cuts since the current interest rate framework was introduced 20 years ago
The GDP growth rate for Q2FY20 was in line with the market expectation at 4.5 per cent, says Deepthi Mary Mathew, economist, Geojit Financial Services
A decision to announce a fresh stimulus could be a tough one for the government, after its budget deficit topped 90% of its full-year goal
The metal has gained nearly 2% so far this week, on track for a second consecutive weekly gain
The stated objective of this move is to reduce cost of capital and enable higher lending and thus boost economic activity
The stated objective of this move is to reduce cost of capital and enable higher lending and thus boost economic activity
SBI announced only a 0.05% cut in interest rate on home loans of up to Rs 30 lakh despite the RBI cutting the repo rate by 0.25% last week
Whether there is a floor beneath which cuts in interest rate are ineffective depends in part on house prices
Calls for RBI to cut its policy rate beyond 25 bp that markets priced in for Wednesday's meeting
The govt is keen on a rate cut to help boost the economy