Monetary Policy Committee (MPC)
Hours after monetary policy decision, several banks follow RBI's signal; hike lending rates
Thu, Dec 08, 2022
The effective Repo Based Lending Rate (RBLR) with effect from December 7 is 9.10 per cent as per the revised repo rate (6.25 per cent), state-owned Bank of India posted on its website. Private sector HDFC Bank has hiked its marginal cost of funds-based lending rate (MCLR) effective Wednesday.
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RBI MPC Meeting: Where to watch RBI Governor Shaktikant Das speech Live
Wed, Nov 02, 2022
RBI MPC Meeting, RBI Governor Shaktikant Das Speech Live: The six-member rate-setting panel is headed by RBI Governor Shaktikanta Das. Das will address the media on Thursday morning wherein he will announce the decision taken during the MPC meeting.
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LIVE: RBI Monetary Policy Review Outcome - Another rate hike of 50 bps announced! What all MPC recommended - Key things to know
Wed, Sep 28, 2022
LIVE UPDATES: RBI Monetary Policy Review MPC Meeting: RBI Governor Shaktikanta Das has announced the MPC decision. Here are all the LIVE UPDATES on RBI Monetary Policy Review MPC Meeting:-
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Another rate hike on the cards: Morgan Stanley predicts RBI to go for big rate hike in September policy
Fri, Sep 16, 2022
The inflation which is ranging above the upper tolerance band of the RBI for the eighth straight and therefore Morgan Stanley too expect inflation to remain sticky around 7.1-7.4 per cent in September as well, driven by increases in food prices as per high frequency food price trend.
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How RBI repo rate hike will affect your EMIs and loan tenure - Explained
Fri, Aug 05, 2022
According to the RBI norms, banks are required to link the interest rates of loans with an external benchmark, which is generally the RBI's repo rate. Meanwhile, the bank deposit rates are also likely to increase, bringing some relief to the common man. After the rate hike by the central bank, the timing of taking the loan is crucial for home loan borrowers as they usually borrow at floating rates.
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'UK will fall into recession..': Bank of England makes a prediction
Fri, Aug 05, 2022
Soaring natural gas prices are likely to drive consumer price inflation to 13.3% in October, from 9.4% in June, the bank said. That will push Britain into recession later this year, with economic output declining each quarter from the fourth quarter of 2022 through the fourth quarter of 2023, bank forecasts show.
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SBI hikes MCLR for second time in a month, EMIs set to go up; check latest rates
Thu, Jul 14, 2022
State Bank of India, the country's largest lender, has raised its marginal cost of funds based lending rate (MCLR) across all tenures. The decision to hike MCLR will lead to an increase in EMIs for borrowers.
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India's consumer price inflation hits eight-year high 7.79% in April on higher food, energy costs
Thu, May 12, 2022
In April, rising food and energy prices boosted India's annual retail inflation to an eight-year high, strengthening economists' belief that the central bank will need to raise interest rates more aggressively to keep prices in check.
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LIC IPO: After Wednesday's fall, what to do in LIC IPO? How to mange risks? Anil Singhvi explains!
Thu, May 05, 2022
Zee Business Managing Editor said that the LIC IPO is not meant for people who are looking for immediate gains. He said that Wednesday's event was not foreseen. He said that LIC IPO is not for those people who have formed their opinion on it on a day's fall with just a 1-2 day perspective.
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Monetary Policy: RBI ups inflation target for FY23 to 5.7% on rising global prices amidst geo-political tensions
Fri, Apr 08, 2022
The Reserve Bank of India on Friday raised the retail inflation target for the current financial year to 5.7 percent on the back of rising global prices amidst the ongoing geo-political tensions.
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RBI MPC Policy: Controlling inflation to be a key concern for central bank amid weak global cues
Wed, Apr 06, 2022
In the growth–inflation debate, most analysts believe that the RBI’s monetary policy committee (MPC) may maintain the status quo on the key interest rates and continue with an accommodative stance in the first monetary policy of this fiscal.
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