Page 11 - Rbi Rate Cut
RBI follows global banks, cuts repo rate by 75 bps to fight coronavirus
The move comes after the global central banks have been cutting rates to help shore up the economy amid coronavirus pandemic
 "RBI follows global banks, cuts repo rate by 75 bps to fight coronavirus")
Rate cut a palliative measure; cannot counter coronavirus pandemic impact
Lowering rates at this time also carry the risk of affecting deposits, as banks will have to rework their deposit rates considering that the lending rates have already been affected.
 "Rate cut a palliative measure; cannot counter coronavirus pandemic impact")
Covid-19 panic: RBI Gov to hold presser at 4 pm as market mayhem continues
If Guc Das announces a rate cut, it will be first inter-meeting rate reduction since the monetary policy committee was instituted in February 2016
 "Covid-19 panic: RBI Gov to hold presser at 4 pm as market mayhem continues")
RBI may slash rates by 0.75% before next policy review on April 3: BofA
Amid talk of a review of the flexible inflation targeting framework, it said the revised contracts will introduce growth and financial stability as co-objectives of monetary policy along with price st
 "RBI may slash rates by 0.75% before next policy review on April 3: BofA")
RBI likely to go for inter-meeting repo rate cut of 25-40 bps: Report
RBI has the official mandate of keeping CPI inflation at 4 per cent, with a 2% band
SBI says reducing indirect taxes, and not rate cuts, can lift consumption
It said a rate cut is unlikely to work in isolation as bank transmission of RBI's rate cut has been slow
 "SBI says reducing indirect taxes, and not rate cuts, can lift consumption")
Onus on RBI to do heavy lifting, cut rates to boost growth: HDFC Bank
Going forward, we think that the scales could tip in the favour of growth as soon as inflation prints become more palatable," the report by HDFC Bank's economists said
 "Onus on RBI to do heavy lifting, cut rates to boost growth: HDFC Bank")
Top 10 business headlines: RBI pauses on rate cut, GST slab raise & more
From RBI keeping rate cut unchanged, tough road for Subhash Chandra's Essel to Saudi Aramco raising $25.6 bn in largest-ever IPO, Business Standard brings you the top headlines of the day.
 "Top 10 business headlines: RBI pauses on rate cut, GST slab raise & more")
Can't cut rates mechanically every time: RBI Governor Shaktikanta Das
'We expect a gradual recovery in income growth right into the second half of next year', said Das
 "Can't cut rates mechanically every time: RBI Governor Shaktikanta Das")
With rate cuts not helping, here's an unconventional step that RBI can try
The central bank, which reviews policy on Thursday, should look to pull down long-term yields by selling short-tenor bonds and reinvesting in longer-term ones, said Suyash Choudhary
 "With rate cuts not helping, here's an unconventional step that RBI can try")
RBI likely to cut rates for sixth time this year, try help growth
RBI has delivered 135 basis points of interest-rate easing this year, but lenders have only transmitted a fraction of that to borrowers.
 "RBI likely to cut rates for sixth time this year, try help growth")
Market awaits RBI monetary policy review, another rate cut expected
A rate cut on expected lines would boost the equity indices
 "Market awaits RBI monetary policy review, another rate cut expected")
RBI's Dec policy move could turn real interest rate negative: Economists
Even as market rates have fully reflected the rate cuts, companies are not necessarily in the mood for borrowing, as they face a slump in consumption demand and investment in the country
 "RBI's Dec policy move could turn real interest rate negative: Economists")
With growth this bad, India will need more than rate cuts to help economy
The five reductions Shaktikanta Das's overseen haven't given the economy back its groove.
 "With growth this bad, India will need more than rate cuts to help economy")
As news goes from bad to worse, Modi govt scrambles to revive the economy
Finance Minister Nirmala Sitharaman said this week she's not closing the door on additional steps to support the economy.
 "As news goes from bad to worse, Modi govt scrambles to revive the economy")
Retail inflation may average 4% in FY20, but RBI may cut rate: SBI report
The report said even as food CPI will remain elevated, core CPI will go below 3 per cent in this fiscal.
 "Retail inflation may average 4% in FY20, but RBI may cut rate: SBI report")
Rate cut is the only way out of economic slowdown, feel analysts
Bank of America Merill Lynch expects the RBI to slash rates by 25 basis points (bps) in its December monetary policy review and follow it up with another 15 bps cut in February 2020
 "Rate cut is the only way out of economic slowdown, feel analysts")
RBI monetary policy panel's worries about growth signals more rate cuts
MPC concern explains Governor Shaktikanta Das's statement that the Reserve Bank of India would keep its policy stance accommodative.
Rate cuts may help sovereign bonds post modest gains despite fiscal woes
Bond Bulls in India Bet on Rate Cuts to Counter Fiscal Worries
 "Rate cuts may help sovereign bonds post modest gains despite fiscal woes")
RBI may cut rate by another 25 bps in December before hitting pause: Report
The Friday rate cut was the fifth consecutive rate reduction by the RBI this year