Most analysts had expected the RBI to cut interest rates, although they were unsure of the quantum following an unconventional 35 basis-point easing last time.
Numbers are paramount, what our assessment of the incoming data is, and how we see the incoming data, Das said
Perceptions on the general situation and employment softened, finds survey
Reserve Bank of India underlines importance of looking at liabilities of stressed assets comprehensively
SBI reduced its marginal cost of funds-based lending rate from 8.4% to 8.25%
Guidance on systemic liquidity conditions will be crucial, as the pace of transmission of policy rates depends to a large extent on the level of liquidity
In the last policy meet, the RBI hiked repo rate by 25 basis points to 6.50 per cent, for the second time in a row.
The RBI said on Wednesday it would allow all MSMEs to pay their dues to banks and NBFCs up to 180 days after the due date without these being classified as bad loans
Move to value state bonds at market price will wipe out valuation gains of banks used to hide treasury losses
The move is largely being perceived as a move to destabilise the cooperative sector
Banks will have to register more losses on their books in the first three quarters of the financial year due to the regulator's move to allow spreading of MTM losses over four quarters
The RBI's monetary policy is determined by the nominal anchor that has been given by a legislative process, which is the consumer price index, the RBI Governor said
The central bank's April policy tone was dovish and it had actually lowered inflation forecasts for the first and second half of 2018-19
If the state development loans (SDL) are rated, the margin requirement would be set at 1 per cent lower than other SDLs for the same maturity buckets
High defaults on small home loans a matter of worry, says RBI
But surprisingly, there is a narrow chance that the central bank may cut rates in the future: BS Poll
A wait-and-watch stance by the MPC will also support the government bonds market