Soumya Kanti Ghosh, group chief economic adviser, SBI said the RBI is likely to raise the policy rate at its June and August meetings by a cumulative 75bps.
The MPC will after that take a more balanc...
HDFC on Saturday hiked home loan rates for all customers by 30 basis points with effect from May 9. This comes after the hefty increase of 40 basis points in the policy repo rate by the Reserve Bank o...
The Reserve Bank of India delivered its bolt from the blue when it raised its policy rate — the repo — by 40 basis points to 4.40 per cent. It topped that off with a half-a-percentagepoint...
Bank of Baroda (BoB) on Thursday became the first lender to raise the interest rates on home and auto loans following the Reserve Bank of India’s surprise decision to jack up the policy repo rat...
The spike in the March retail inflation to 6.95 per cent followed by the jump in bond yields has ignited a debate on the extent and timing of RBI’s repo rate hike — which will make home an...
The policy wonks on Mint Street have finally turned hawkish. The six-member monetary policy committee of the Reserve Bank of India has signalled a clear shift towards a higher interest rate regime in ...
At the same time, the policymakers freed the RBI from the obligation to issue collateralised bonds in SDF against the deposits that the banks used to park with the RBI as in the case of reverse repo.
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The minutes showed the members calling for a watch on rising international crude oil prices even as some of them said India would not feel the pinch like some of the advanced economies.
According to ...
The Reserve Bank of India (RBI) may raise the reverse repo rate by 20-25 basis points amid higher inflation and keep the repo rate unchanged as it pursues its strategy of gradual policy normalisation ...
The stage is set for a reverse repo hike amid TREP (tri-party repo) and inter-bank call money rate trading above 3.35 per cent, a research report has said. According to a note from SBI’s economi...