Reserve Bank of India (RBI) Governor Raghuram Rajan addresses a press conference on the first monetary policy announcement of the current fiscal year in Mumbai.
AP Photo/Rafiq Maqbool
A policeman stands guard with a sniffer dog at the entrance of the Reserve Bank of India (RBI) headquarters in Mumbai. The RBI on Tuesday cut its key interest rate by a quarter of ...
AP Photo/Rafiq Maqbool
Reserve Bank of India governor Raghuram Rajan smiles during a press conference in Mumbai. Home and corporate loans to cost less as the Reserve Bank lowered the key interest rate by...
AP Photo/Rajanish Kakade
The Reserve Bank of India cut its key interest rate by a quarter percentage point in a surprise move that adds impetus to government efforts to revive Asia's third-biggest economy....
AP Photo/Rajanish Kakade
Reserve Bank of India Governor Raghuram Rajan smiles during a news conference at the RBI headquarters in Mumbai. The Central Bank surprised many by keeping its key interest rate un...
AP Photo/ Rafiq Maqbool
Reserve Bank of India (RBI) Governor Raghuram Rajan addresses a press conference at the RBI headquarters in Mumbai. EMIs on auto, home and other loans are set to go up after RBI Go...
AP Photo/ Rajanish Kakade
RBI Governor D Subbarao during the unveiling of quarterly review of RBI's monetary policy in Mumbai. Weighed down by a weak rupee, the Reserve Bank chose to keep all key interest r...
PTI Photo/ Mitesh Bhuvad
RBI Governor D Subbarao announcing the RBI's monetary policy for 2013-14, in Mumbai.
PTI Photo/ Santosh Hirlekar
RBI Governor D Subbarao adressing the media after the RBI's Monetary Policy review meeting in Mumbai. Shedding its 9-month long hawkish monetary policy stance, the Reserve Bank sla...
PTI Photo
RBI Governor D. Subbarao smiles during a monetary policy review meeting in Mumbai. For the second consecutive time, Reserve Bank Governor D Subbarao today left the key interest rat...
AP Photo/ Rajanish Kakade
A man watches a screen on the facade of the Bombay Stock Exchange building in Mumbai. RBI left its key interest rate unchanged due to inflation concerns, thwarting hopes of a rate ...
AP Photo/ Rafiq Maqbool
Laborers are silhouetted after sunset at a construction site of a new apartment building on the outskirts of New Delhi. In a surprise decision, the Reserve Bank cut the benchmark i...
AP Photo/ Kevin Frayer, File
The RBI building is seen in Mumbai. RBI injected Rs 32,000 crore into the system by lowering the Cash Reserve Ratio by half-a-percentage point but kept the short-term lending rate ...
AP Photo/ Rajanish Kakade
Sandeep Adhwaryu
A security guard stands outside the RBI head office in Mumbai. Personal and corporate loans will become more expensive, with the RBI raising key interest rates sharply for the thir...
AP Photo/ Rajanish Kakade
RBI Governor D. Subbarao smiles during a meeting with bankers at the RBI head office in Mumbai. Personal and corporate loans will become more expensive, with the RBI raising key in...
AP Photo/ Rajanish Kakade
The RBI Governor D. Subbarao speaks during a press conference in Mumbai. India's central bank raised key interest rates by a quarter point each, as expected, to contain persistentl...
AP Photo/Rajanish Kakade
A policeman stands guard at the headquarters of RBI in Mumbai. The RBI hiked key interest rates more than expected to combat rising prices and raised its growth and inflation forec...
AP Photo/Rafiq Maqbool
RBI Governor D. Subbarao smiles before a meeting with bankers at the RBI headquarters in Mumbai. The Reserve Bank today raised its short-term lending and borrowing rates by 0.25 pe...
The PPF interest rate of 7.1 per cent, down from 7.9 per cent, is the lowest in four decades, and the fixed and recurring deposit rates are the lowest since 1991.
Interest rates have been reduced by 50-75 basis points (bps) for time deposits with shorter tenors of up to 179 days, SBI said in a statement on Monday.