interest rates cut

Banks may cut interest rates in next few days: Shaktikanta Das

Asserting that India is moving towards a low interest rate regime, Economic Affairs Secretary Shaktikanta Das on Friday said banks are expected to cut interest rates over the next few days in light of the recent monetary policy easing by RBI.

Apr 08, 2016, 17:46 PM IST

Modi committed to achieving budget deficit goal

Prime Minister Narendra Modi said on Friday he was committed to meeting this year`s budget deficit target, welcoming a cut in interest rates by the Reserve Bank of India on the back of falling inflation.

Jan 16, 2015, 23:13 PM IST