The stance was voted 5:1 in favour of “neutral” with one voting for “dovish” stance.

The move is expected to free up resources for banks to meet the rising loan demand.

The monetary panel voted 4-2 in favour of 25 bps rate cut.

“In order to further facilitate banks to lend to NBFCs and HFCs, it has been decided to extend the aforesaid facilities up to March 31,” th...

This facility was initially available up to December 31, 2018 will now be extended to March 31, 2019.

Given the growing importance of non-banking financial companies (NBFCs) in the larger credit growth landscape, this focus seems to have ide...

The MPC opted to take a pause after hiking the rates in last two successive policy meets.

In April and May, FPIs have pulled out net $3 billion and $1.5 billion out of Indian markets.

The Reserve Bank of India yesterday hiked the key short-term lending rate by 0.25 per cent after a gap of about four and half years.