Thu, Dec 12, 2024
Axis Bank's chief economist Neelkanth Mishra, who is also a part-time member of the Economic Advisory Council to the Prime Minister, stressed that a change of guard at RBI will not result in any veering off and added that the institutional ability is very strong.
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Sat, Nov 30, 2024
RBI Repo Rate: RBI is expected to maintain its policy rate during its upcoming meeting next week, as GDP growth slowed significantly in the second quarter of FY25. However, the likelihood of a rate cut in February has increased, according to a report by HDFC Bank.
Sun, Oct 13, 2024
Share Market News: Domestic equity benchmarks remain about 5.0 per cent each below their all-time highs registered late last month. Here is a list of events and factors to watch out for during the trading week starting October 14.
Wed, Oct 09, 2024
RBI Repo Rate Decision: The Reserve Bank of India Governor-led Monetary Policy Committee decides the repo rate—or the key interest rate at which the RBI lends money to commercial banks—taking into account a number of factors including consumer inflation (measured by the CPI) and GDP growth. It is the very rate that determines the interest rates commercial banks like SBI and HDFC Bank pass on to their customers.
Sun, Oct 06, 2024
Market participants eagerly await two important events due this week: the RBI Governor-led MPC's bi-monthly review and Tata group IT giant Tata Consultancy Services' earnings report for Q2 FY25. Read on to learn more about key factors and events to track between October 7 and October 11.
Thu, Aug 08, 2024
The decision to keep the repo rate steady comes amidst persistent concerns about inflation, which remains above the RBI's target range.
Thu, Jun 06, 2024
RBI's Repo Rate: According to economists surveyed by Zee Business, the RBI is expected to keep the repo rate unchanged at 6.5 per cent in the current MPC meeting.
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.
RBI: Big news has come regarding the monetary policy meeting of RBI. There has been no change in the interest rates in this meeting of RBI. The repo rate remains unchanged at 6.5%.
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.
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.
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.
Wed, Feb 08, 2023
RBI Governor Shaktikanta Das announced in bi-monthly monetary policy meeting that RBI will be extending UPI facilities to inbound travelers for merchant payments, starting with G20 countries.
The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) on Wednesday hiked the repo rate by 25 basis points to 6.50%.
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.
Rate-sensitive stocks were a mixed bag as the RBI announced a hike of 25 basis points in the repo rate — the key interest rate at which it lends money to commercial banks.
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.
Tue, Dec 27, 2022
RBI Repo Rate Hike: RBI hiked the repo rate in 2022 for the fifth time which impacted loan borrwers, economy and even GDP
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.
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).
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.
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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