Fri, Jun 02, 2023
Analysts at Goldman Sachs India in a report on Friday said the headline inflation will average 5.3 per cent this year, which is within the RBI target of 2 per cent plus or minus 4 per cent, even though they expect some risk to food inflation stemming from crop damages due to unseasonal rains.
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Thu, Apr 06, 2023
In the first monetary policy meet of the financial year 2023-24, RBI decided to maintain the status quo on the repo rate as the central bank aims to align inflation with target while focusing on growth.
Wed, Apr 05, 2023
RBI MPC rate decision: Is another repo rate hike on the cards? RBI Governor Shaktikanta Das-led Monetary Policy Committee — the central bank's panel that decides benchmark interest rates for the country — is all set to reveal its take on the repo rate at 10 am on Thursday, after the conclusion of three-day bi-monthly deliberations. Here's what economists expect from the RBI's all-powerful MPC on April 6.
Tue, Mar 28, 2023
Next RBI MPC Meeting Date: RBI Governor Shaktikanta Das-led Monetary Policy Committee (MPC) is l set to hold its bi-monthly deliberations next week. This will be the first meeting of hte current financial year.
Mon, Feb 13, 2023
Bank of Maharashtra’s MCLR hike is in line with the Reserve Bank of India’s rate hike. Last week, the RBI increased the repo rate by 25 basis points to 6.50 per cent.
Sat, Feb 11, 2023
Axis Bank FD Rate 2023: Axis Bank has announced to hike fixed deposit interest rate. The announcement follows RBI's decision to increase the repo rate by 25 bps to 6.50 per cent.
Wed, Dec 07, 2022
With the continuous attempt of policy tightening, the overall interest rates, or the tenor on which the consumers have taken loans are scheduled to rise.
Mon, Nov 14, 2022
5 money management tips for home loan borrowers - Whenever the central bank hikes the repo rate, the lenders pass on the burden to borrowers in the form of increased interest on housing loans.
Sat, Oct 01, 2022
Following the Reserve Bank of India's Monetary panel committee (MPC) announcement on increase in the rates, Mortgage lender LIC Housing Finance Limited on Friday hiked its lending rates by 0.50 per cent.
Mon, Aug 08, 2022
The RBI`s monetary policy committee (MPC) raised its repo rate by 50 basis points on Friday, the third increase in the current cycle, to cool stubbornly high inflation that has remained above its tolerance band for six straight months.
Sat, Jul 30, 2022
The Reserve Bank of India`s (RBI) rate-setting committee is likely to hike 25-50 basis points in repo rate in the monetary policy meeting to be held between August 3-5, according to the estimates of various fund managers and economists.
Sat, Jun 04, 2022
The central bank's rate setting panel will follow it up with a 0.35 per cent hike in rates at the next review in August, or make it into a 0.50 per cent hike next week and a 0.25 per cent increase
Wed, May 25, 2022
RBI has recently said that primary cooperative banks can give loans up to Rs 10 lakh to people in metro cities for repair or alteration of their houses.
Sun, May 08, 2022
The central bank also hiked the cash reserve ratio by 50 basis points to 4.5 per cent after an unscheduled meeting of the rate-setting panel, citing increased inflation pressures following the Ukraine war and the resultant spike in crude oil prices.
Wed, May 04, 2022
Reacting sharply to an interest rate hike by the Reserve Bank of India (RBI), the benchmarks fell more than 2% on Wednesday, dampening sentiments of the market on the Day 1 of LIC IPO.
Tue, Sep 25, 2018
Notably, now investment in Small Saving Schemes looks way more attractive than what banks are offering you.
Thu, Sep 13, 2018
CPI inflation came in at 3.69% during the month of August 2018 lower compared to 4.17% of the previous month, but that is not likely to comfort the RBI.
Thu, Aug 02, 2018
The reason behind the RBI repo rate hike was attributed to core inflation, which is at four-year high.
Now RBI policy repo rate stands at 6.50% from previous 6.25%. The last time this trend was witnessed was in 2016 - which means current rate hike is at 2-year high.
Wed, Aug 01, 2018
This is the second rate hike by RBI in quick succession.
BankNifty and S&P BSE Bankex have tumbled by more than 165 points right after RBI announced repo rate hike.
RBI monetary policy 2018: It needs to be noted that prospects of a 50 basis points rate hike scenario hangs on India, but the real question that one should ask is when exactly is it going to take place.
Thu, Feb 22, 2018
RBI kept the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 6%, raised CPI inflation target
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