Fri, Oct 06, 2023
According to CA Manish Mishra, Virtual CFO and Startup Advisor, the RBI's decision to maintain the status quo on the repo rate and inflation provides stability but also indicates a commitment to combating inflation.
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Wed, Jun 07, 2023
Since May 2022, the RBI has raised the repo rate by 250 basis points. The repo rate is the interest rate at which the Reserve Bank of India (RBI) lends money to commercial banks.
Sat, Oct 09, 2021
According to monetary policy experts, the Reserve Bank of India (RBI) will increase the reverse repo rate by 15-20 bps in its next monetary policy review meeting in December. The experts further opined that central bank will hike the repo rate at a similar level by the end of the current financial year.
Mon, Mar 18, 2019
When a rate cut takes place, one can expect EMIs on a home loan to become cheaper as it involves floating interest rate which is linked to the movement of policy repo rate.
Fri, Oct 20, 2017
According to a Kotak Economic Research report, besides inflationary pressures, fiscal slippage concerns and possible volatility in global markets worried some MPC members.
Thu, Oct 19, 2017
Though the economy has bottomed out in the first quarter and retail inflation may stay under 3 per cent in October, since core inflation is likely to be above 4 per cent, we expect the rates to remain unchanged even in the December policy, said Japanese brokerage Nomura.
Mon, Jul 31, 2017
Market expects a 25 bps rate cut in August policy. Currently, policy repo rate under the liquidity adjustment facility (LAF) stands at 6.25%.
Sat, Jul 29, 2017
The six-member monetary policy committee (MPC) of the RBI headed by Patel will meet on August 1-2 in Mumbai for the third bi-monthly policy review of the fiscal in the backdrop of latest macro data strengthening the case for an interest rate cut by the central bank.
Wed, Jun 07, 2017
Housing loan may see major boost with the reduction in loan to value and risk weight ratio. This gives more to room for banks to give loans to genuine home buyers.
Any reduction in SLR gives more room to bankers for trimming interest rates. This would mean, if you are borrower your EMIs may come down further.
RBI is set to announce second bi-monthly monetary policy statement on June 07.Analysts expects the central bank to once again keep repo rate unchanged but sees changes in its economic stance.
Mon, Jun 05, 2017
RBI's move to bring down liquidity was one of the concern in April policy. Data suggest liquidity has come down since then.
Mon, May 29, 2017
Urjit Patel governor of RBI along with Monetary Policy Committee (MPC) have kept the policy rate unchanged in last three meet followed by a neutral stance in the month of February 2017. This may continue in June bi-monthly monetary policy despite low CPI.
Thu, Apr 06, 2017
RBI's repo and reverse repo rates are kept unchanged at 6.25% and 5.75% respectively, where it has been since October 2016. Marginal standing facility (MSF) rate and bank rate at 6.75% each.
Despite RBI shifting its policy stance to neutral in February, the weighted average overnight rates has floated close to the reverse repo rate of 5.73% in March 2017, as liquidity surplus reaches at Rs 4.5 lakh crore in the month.
Wed, Apr 05, 2017
A poll was carried out by Zee Business revealed that 80% of the analysts believed RBI to not cut interest rates while the rest saw 0.25% reduction.
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