Apki khabar Apka Fayda: Can RBI cut the repo rate?
Thu, Jun 08, 2023
The Reserve Bank of India (RBI) may cut the policy rate in the fourth quarter of this year. Oxford Economics has estimated this. The global forecasting company has said that there are many factors due to which the central bank can make its stance more liberal.
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An RBI repo rate hike or a pause on April 6? What economists expect from Shaktikanta Das-led MPC after its 2nd meeting of 2023
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.
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RBI MPC Meeting Highlights: BIG SURPRISE! MPC decides unanimously to keep repo rate unchanged; Shaktikanta Das says war against inflation continues
Mon, Apr 03, 2023
RBI MPC meeting April 2023: Reserve Bank of India (RBI) Governor Shaktikanta Das-led Monetary Policy Committee — the central bank's all-powerful panel that decides the benchmark interest rates in the country — on April 6 announced a surprise status quo on the repo rate, leading to an intraday recovery on Dalal Street. Repo rate is the benchmark rate of interest at which the RBI lends money to commercial banks — this is the very rate that determines the EMI you pay for any of your loans. Follow this space to know all about the RBI MPC's second bi-monthly review of 2023, minute-by-minute updates, the views of Zee Business Managing Editor Anil Singhvi and other experts, realtime analysis and much more, only on Zeebiz.com's LIVE blog.
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This Bank is offering up to 7.5% on FDs, senior citizens to get additional 0.75% return
Fri, Mar 17, 2023
IndusInd Bank FD rate 2023: . The bank is now offering up to 7.5 per cent return to the general public on FDs from Rs 2 crore to less than Rs 5 crore. Similarly, the interest rate for senior citizens is up to 8.25 per cent.
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RBI Policy: Shaktikanta Das delivers 6th back-to-back rate hike; inflation, GDP projections tweaked
Wed, Feb 08, 2023
RBI Governor Shaktikanta Das on Wednesday announced a hike of 25 basis points in the repo rate, the key interest rate at which it lends money to commercial banks, to 6.5 per cent. This is its sixth back-to-back increase in the key lending rate in the current cycle of monetary tightening.
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Stock Market HIGHLIGHTS: Sensex ends 378 pts higher, Nifty50 reclaims 17,850 after RBI hikes rate as expected
Wed, Feb 08, 2023
Stock Market HIGHLIGHTS: Indian quity benchmarks Sensex and Nifty50 rose on Wednesday after RBI Governor Shaktikanta Das announced a hike of 25 basis points in the repo rate, as widely expected by economists. Gains across sectors pushed the headline indices higher, with IT, oil & gas, financial and metal shares being at the forefront of the upmove.
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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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RBI likely to slow down pace of rate hikes, may raise rates by 25% in September
Tue, Aug 23, 2022
In a report, the Germany-based bank said the RBI will respond with a slower pace of rate hikes from here, basing the expectation on the recently released minutes of the last meeting of the Monetary Policy Committee (MPC).
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Inflation easing, but its persistence at elevated levels warrants policy responses: RBI article
Fri, Aug 19, 2022
The Reserve Bank has increased the benchmark lending rate (repo) in three quick successions by 140 basis points to tame inflation, which remains above its tolerance level for the seventh month in a row.
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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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fixed deposit rate increased by many commercial banks after reserve bank of india increase repo rate
Wed, Jun 15, 2022
many commercial bank increased fixed deposit rate for their customers after reserve bank of india increase repo rate recently. in this video here you know how much increase their fd rates
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RBI Repo rate hike impact: PNB, Bank of India hike lending rates by 50bps; stocks trade flat
Thu, Jun 09, 2022
Reacting to the repo rate hike by the Reserve Bank of India, two public sector banks, Punjab National Bank (PNB) and Bank of India (BOI) have hiked Repo Linked Lending Rate (RLLR). The central bank had increased repo rate by 50 bps, the second increase in five weeks, in June monetary policy.
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RBI Policy Preview: Key rates likely to remain unchanged, but will Reserve Bank calm bond market?
Mon, Feb 07, 2022
The Reserve Bank of India (RBI) has deferred the meeting of rate-setting Monetary Policy Committee (MPC), slated to take place on Monday, to Tuesday, February 8, 2022, after Maharashtra declared public holiday on February 7 to mourn death of legendary singer Lata Mangeshkar.
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RBI's interest rate-setting panel starts deliberating next monetary policy
Wed, Oct 06, 2021
Reserve Bank of India’s Monetary Policy Committee (MPC) started its three-day deliberations on the next bi-monthly monetary policy on Wednesday amid rising global commodity prices and the need to contain inflation at home.
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RBI may cut repo rate by 25 bps: Analysts
Fri, May 31, 2019
This will be the first policy meet of the central bank after the Lok Sabha elections 2019. "Close on the heels of the GDP outcome, the RBI policy committee will decide on rates on June 6. We look for a 25 basis points cut in the repo rate to 5.75 per cent, taking cumulative cuts in 2019 to 75 basis points," the DBS Research report said.
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