Page 14 - Rbi Rate Cut
RBI policy: Economists expect a 25 basis points cut tomorrow
Even as IIP forecast for June remains dim and retail inflation remains sluggish, calls for long term
 "RBI policy: Economists expect a 25 basis points cut tomorrow")
Street sign: RBI rate cut hopes may keep Bank Nifty rally going
Experts remain positive on private banks, especially on HDFC Bank, IndusInd Bank and YES Bank
 "Street sign: RBI rate cut hopes may keep Bank Nifty rally going")
RBI must cut interest rate by at least 25 basis points: Assocham
It made a strong case citing five-year low inflation and deceleration in the factory output
 "RBI must cut interest rate by at least 25 basis points: Assocham")
IIP, CPI data raise expectations of a rate cut by RBI
Recent data pointing to a slowing in industrial production growth and to a fall in retail price inflation has given room to the Reserve Bank of India (RBI) to cut its policy rate at the review meeting on August 2, believe many economists and bankers.Not all share the belief. And, even those who think RBI will cut the rate add that the lower borrowing cost will not be able to revive investment or credit growth (which fell to a 40-year low of 5.1 per cent in 2016-17) in a hurry.The Index of Industrial Production (IIP) expanded 1.7 per cent in May, lower than the revised 2.8 per cent rate in April. Consumer Price Index (CPI) inflation was down to a record low of 1.5 per cent in June from 2.2 per cent the previous month.Soumya Kanti Ghosh, State Bank of India (SBI) group chief economist, says it will very difficult for RBI to find reasons for not cutting the policy rate. It will cut the rate by at least 25 basis points (bps), he said. To be effective,he thinks, the central bank should ...
Industries reiterate rate cut demand as IIP growth slows, inflation falls
A more accomodative monetary policy with lower interest rate would stimulate consumer demand
 "Industries reiterate rate cut demand as IIP growth slows, inflation falls")
Right time for RBI to cut down interest rates, says CII
Global commodity prices have moderated and food prices are down, said CII Director General
 "Right time for RBI to cut down interest rates, says CII")
Despite low inflation no rate cut seen soon; price rise risks remain: HSBC
Says risks seen by RBI include El Nino, higher food prices, one-off impact of GST, among others
RBI to hold key rate at June policy meet; may cut 25 bps in August: BofAML
Says growth remains weak, inflation is within 2-6% range, rate cut would help recoup forex reserves