RBI Repo Rate
After RBI rate cut, check latest home loan interest rates of top banks for loans above Rs 75 lakh
After the RBI repo rate cut, banks such as SBI, Canara Bank, PNB, and Union Bank among others have cut their repo linked lending rates. Most other banks are also expected to cut their lending rates in line with the RBI rate cut.
Bank of Maharashtra slashes interest rate on retail loan by 25 bps
State-owned Bank of Maharashtra has reduced interest rates on retail loans by 25 basis points following the RBI's 25 basis points cut in the repo rate. Home loan rates are now at 8.10% and car loans at 8.45%. Additionally, the bank will set up an International Financial Services Centre in GIFT City.
Money deadlines in March 2025: From special FD deadline to UAN activation
Key financial tasks must be completed before March 31, 2025, to optimize tax savings, invest in special FDs, and activate UAN for EPF-linked insurance. Special FD schemes from banks like SBI and Indian Bank offer higher interest rates, and these opportunities should be seized before their deadlines.
After DCB Bank, Shivalik SFB, this bank slashes FD interest rates: Check latest FD interest rates
IndusInd Bank has revised its interest rates on fixed deposits less than Rs 3 crore, effective from February 24, 2025. The highest interest rate for general citizens is now 7.75% and 8.25% for senior citizens.
RBI’s rate cut triggers concern for FD investors: Penalty charges for account holders looking to rebook FDs for higher interest income
Different banks impose different penalty charges, and it typically involves a reduction in interest rate. The penalty can range from 0.5% to 1%. Here is a look at the penalty charges of State Bank of India (SBI), HDFC Bank, ICICI Bank, Punjab National Bank (PNB), Canara Bank, Bank of India, and YES Bank for premature withdrawal of FD.
After RBI rate reduction, this bank cuts fixed deposit interest rates by 25 bps but seniors can still get 9.05%; check details
The Reserve Bank of India on February 7, 2025, cut the repo rate—from 6.50% to 6.25%—for the first time in nearly 5 years. Shivalik Small Finance Bank (SFB) has reduced its interest rates on fixed deposits (FD), after the Reserve Bank of India (RBI)’s repo rate cut.
FM Sitharaman dispels gloom over capex cut worries, says no govt programme will suffer
The govt's asset building efforts will persist with a 10.2% higher capex target for FY, FM Sitharaman said. Focus remains on consumption facilitation and debt-to-GDP ratio reduction, without affecting key programs, she added. Power and insurance sectors are likely to see significant reforms, the FM further said.
India's wholesale inflation eases to 2.31% in January from 2.37% in December
India's wholesale inflation eased to 2.31% in January from 2.37% in December, driven by changes in food prices. Retail inflation also dropped to a five-month low of 4.31% in January. The Reserve Bank of India expects inflation to further decline in the next fiscal year, adjusting the repo rate accordingly.
This bank cuts savings account interest rate by 50 bps on these balances: Check latest interest rate
The bank offers different interest rates on savings accounts based on the account balance. The new rates are applicable from February 17, 2025, according to the Kotak Mahindra Bank website.
Good news for SBI home loan borrowers: EMIs to fall as the bank reduces the lending rates
State Bank of India (SBI) has reduced its External Benchmark-based Lending Rate (EBLR) and Repo Linked Lending Rate (RLLR) by 25 basis points, effective from February 15, 2025. This follows the Reserve Bank of India's repo rate cut from 6.50% to 6.25%, making home and personal loans more affordable.
FD interest rate up to 9.1% for senior citizens investing for five years; Check the full list of banks here
FD up to 9.1%: Senior citizens can get up to 9.1% interest rate on bank fixed deposit (FD). There are multiple banks who are offering a high rate of interest on FDs for less than Rs 3 crore and tenure of 5 years. Read below to know which bank is paying a high interest rate to senior citizens.
Lower EMI for home loan borrowers of Canara Bank, PNB, Union Bank and others as these banks cut repo linked lending rates
The RBI decreased the repo rate by 25 basis points to 6.25%, leading many banks like Canara Bank, PNB, and Union Bank of India to lower their repo-linked lending rates. This reduction offers benefits to both new and existing home loan borrowers, potentially lowering EMIs or reducing loan tenure.
Savings account interest rate after RBI’s repo rate cut: Quick comparison of latest interest rate on HDFC, SBI, ICICI, PNB savings account
The Reserve Bank of India has reduced the repo rate by 25 basis points to 6.25%. This is the first reduction since 2020. The rate cut is likely to result in lower interest rates on savings accounts as banks adjust to maintain profit margins. Major banks' current savings account interest rates are listed for comparison.
RBI's repo rate cut is a step in the right direction, but more is needed: Trideep Bhattacharya
Trideep Bhattacharya of Edelweiss MF highlights the importance of the RBI's recent rate cut, noting it's a sensible step towards growth but may not be sufficient without addressing liquidity. He anticipates the need for additional rate cuts and liquidity interventions to stimulate market growth and economic recovery, suggesting patience for visible improvements over the next few months.
RBI cuts repo rate by 25 basis points, first rate cut since 2020
The Reserve Bank of India's Monetary Policy Committee cut the repo rate by 25 basis points to 6.25%, citing declining inflation and a positive growth outlook. Governor Sanjay Malhotra maintained a neutral stance due to global uncertainties and highlighted the significant forex reserves and upcoming regulatory changes to improve market efficiency.
Last window for FD investors to book FDs at higher rate has officially started as RBI cuts repo rate after a 5 years gap
RBI has reduced the repo rate by 25 basis points for the first time in almost five years. Retail inflation remains a concern, while slowing GDP and a depreciating INR put additional pressure on the central bank. Further cuts of 50-75 bps may depend on inflation and global monetary conditions.
Home loan gets cheaper for first time in 2 years: Should 1st time homebuyers make a move now?
RBI MPC Meeting: The Reserve Bank of India has cut the repo rate by 25 basis points, from 6.50% to 6.25%. The repo rate cut has come after the government announced zero tax on income up to Rs 12 lakh for the upcoming fiscal year 2025-26. Do the increased tax savings and lower home loan interest rates sweeten the deal for first-time homebuyers? Here is how repo rate cut can impact first time homebuyers.
Under RBI Governor Sanjay Malhotra, Arjuna's eye takes in a wider view
RBI's new Governor Sanjay Malhotra initiated his term with a 25 basis point repo rate cut, reducing it to 6.25%. This move contrasts sharply with his predecessor Shaktikanta Das' focus on inflation control. Malhotra hinted at prioritizing growth by adopting a more dovish stance on monetary policy, while maintaining a neutral stance to monitor inflation risks.
Big relief for home loan borrowers as EMIs to fall by 1.8% on a 20 year loan tenure as RBI reduced repo rate by 25 bps
Home Loan Interest Rate: RBI has reduced the repo rate by 25 basis points, providing relief to home loan borrowers. The repo rate cut could lead to lower interest rates on floating rate home loans. Further cuts this year will depend on sustained low inflation and growth concerns. The next rate cut's timing is uncertain and will be influenced by economic factors.
RBI rate cut may take several months to fully reflect on lending and deposit rates
While the rate cut is intended to ease financial conditions, experts suggest the broader effect on the banking system - particularly on loans linked to the marginal cost of funds-based lending rate (MCLR) and deposits - will not be immediate, although repo-linked borrowers have immediately benefited.
RBI MPC cuts repo rate for first time in 5 years: Governor Sanjay Malhotra administers a growth pill with 25 bps rate cut
RBI MPC Meeting Repo Rate: The RBI's Monetary Policy Committee, led by new Governor Sanjay Malhotra, cut the repo rate by 25 basis points to 6.25%, maintaining a neutral stance. This change follows eleven meetings with an unchanged rate. Additionally, the Cash Reserve Ratio was reduced to 4% in December to boost liquidity. The RBI projects 7.2% GDP growth for 2024-25.
'Aakhir woh din aa hi gaya': Netizens thank RBI for another 'gift to the middle class' after 5 years, check hilarious memes
The Reserve Bank of India has cut the key interest rate by 25 basis points to 6.25%, marking the first rate cut in nearly five years. This move follows significant income tax cuts in the Union Budget 2025-26 and aims to boost economic growth and ease financial conditions.
RBI’s repo rate cut likely to drive housing sales, realty developers’ liquidity
The Reserve Bank of India's decision to reduce the repo rate by 25 basis points could boost demand for residential properties. This reduction aims to make housing loans more affordable, encouraging homebuyers to enter the market. Industry experts believe it marks the start of downward rate cycles, benefiting both homebuyers and developers, and stimulating the broader economy.
RBI MPC meeting at a glance: Your one-stop guide for all key decisions
RBI MPC at a glance: The Reserve Bank of India (RBI) has announced a 25 basis point (bps) cut in the repo rate, bringing it down to 6.25% from 6.5%. The MPC held its 53rd meeting from 5 to 7 February 2025 under the chairmanship of RBI Governor Sanjay Malhotra. The MPC members: Dr Nagesh Kumar, Saugata Bhattacharya, Prof Ram Singh, Dr Rajiv Ranjan, and M Rajeshwar Rao, attended the meeting.
RBI proposes changes in Indian banks' websites to make your internet banking safer
RBI Governor Sanjay Malhotra announced new security measures to make internet banking safer, including the implementation of a 'bank.in' domain for Indian banks and extending Additional Factor of Authentication (AFA) to international digital payments. These steps aim to combat rising cyber threats and digital frauds, urging banks and NBFCs to improve their cyber risk controls.
RBI MPC Meeting Key Takeaways: Rate cut, maintaining stance and other key things to know from Malhotra's debut
RBI Monetary Policy Meeting Key Takeaways: Sanjay Malhotra, the new RBI Governor, chaired his first MPC meeting. Analysts predict a 25 basis points cut in the repo rate, the first in almost five years. The RBI last reduced the rate in May 2020 and paused hikes in May 2023. The expected reduction aims to ease monetary conditions amid current growth and inflation data.
HDFC Bank increases lending rate by 5 bps on this tenure; check details
HDFC Bank has increased its overnight MCLR by 5 basis points to 9.20%, effective February 7, 2025, while other tenures remain unchanged. The RBI also cut the repo rate by 25 basis points, which may lead to reduced EMIs for home loan borrowers. HDFC home loan rates are linked to the Repo Rate, offering rates from 9.40% to 9.95%.
India's 'aam aadmi' gets more than tax cuts, thanks to Malhotra & co
RBI MPC rate cute: The Reserve Bank of India has reduced the repo rate by 25 basis points to 6.25%, aimed at boosting economic growth and easing financial pressure on households. Lower EMIs and tax relief from the Union Budget provide middle-class Indians with extra disposable income, potentially increasing spending in real estate, automobiles, and retail sectors.
Will RBI rate cut reach your EMIs? Govt is watching
The Reserve Bank of India recently cut the repo rate by 25 basis points to 6.25%, influenced by a decline in GDP growth and low inflation. Transmission to bank loan rates may take time due to liquidity deficits and competition for deposits, despite expectations of easing financial conditions.
RBI may cut repo rate by 25 bps on February 7: Bank of Baroda
The Reserve Bank of India is expected to lower the repo rate by 25 basis points in its upcoming monetary policy announcement. This consideration arises from easing inflation, mainly due to declining vegetable prices, which provides RBI some flexibility. The decision will balance growth support and financial stability amid global and domestic economic factors.
Rate-sensitive auto, realty stocks surge up to 3%, banks decline after RBI MPC cuts repo rate
Stocks in rate-sensitive sectors reacted mixed to the RBI's 25 bps repo rate cut to 6.25%. Auto and real estate stocks surged, with gains of up to 3%, led by Apollo Tyres, Ashok Leyland, M&M, and Godrej Properties. However, banking and financial stocks fell by nearly 1.5%, with Bajaj Finance, SBI, Axis Bank, and ICICI Bank leading the declines.
Senior citizen FDs are offering up to 9.5%: Check the current fixed deposit interest rates after RBI cuts repo rate by 25 bps
The Reserve Bank of India has cut the repo rate by 25 basis points to 6.25 percent. A repo rate cut benefits borrowers but affects fixed deposit investors. Banks will reduce FD rates soon. Seniors should invest in FDs now.
Foreign investors dominated institutional investments in real estate with 54% share in 2024
Foreign investors led institutional investments in 2024 with a 54% share, despite a decrease from 2023. Domestic investors' share also dipped, but co-investments surged. Real estate investments reached USD 6.8 Bn, driven by industrial and warehousing demand, with commercial assets and residential sectors also experiencing significant growth.
Plummeting rupee could delay RBI's rate cut plans this Februaray
Analysts have revised expectations for Indian rate cuts due to the rupee's decline and inflation fears. With the currency weakening, costlier imports could raise inflation. The Reserve Bank of India's meeting in February may result in policy adjustments, although many now expect cuts to be postponed until April-June. Foreign investor outflows and currency instability are major concerns.
Latest SBI MCLR from January 15, 2025: Check current SBI home loan, personal loan, car loan rates
SBI lending rates: State Bank of India (SBI) has announced the latest marginal cost of funds-based lending rates (MCLR) on loans for the period between January 15 and February 15, 2025. The latest MCLR is effective from January 15, 2024
How high will repo rate go by December? Here’s what experts say
After three days of the Monetary Policy Committee meeting, the Reserve Bank of India announced a hike of 50 basis points in the key policy rates today. However, as per the experts, the central bank is likely to hike the repo rate in the coming months as well. Read on to know more about it.
Federal Bank revises savings account interest rates
The interest rates on Federal Bank's savings accounts are linked to the RBI’s repo rate. At present, the RBI repo rate is 6.25%.
RBI repo rate hike: Pay up to 23% higher EMI on your home loan than in April
The impact on your home loan EMI will largely depend upon the remaining tenure of the loan. Higher the remaining tenure, higher would be the percentage increase in your EMI due to the cumulative rate hike of 2.25% since May this year. If the balance tenure of the loan is small then the impact would be lesser.
RBI leaves repo rate unchanged at 6.5%, maintains policy stance; market turns positive
This is the first time since May 2022 the central bank has not tweaked interest rates. The RBI has raised interest rates by a cumulative 250 basis points since May in its year-long battle against inflation.
RBI hikes repo rate by half a percent to 5.40%
The MPC also decided to remain focused on withdrawal of accommodation to ensure that inflation remains within the target going forward, while supporting growth.
Is targeting core inflation the answer? RBI's repo rate dilemma sparks debate
The RBI's decision to hold the repo rate steady despite low core inflation is debated. Headline inflation, driven by food prices, remains the target. However, revising the CPI basket and its weights, potentially reducing the emphasis on food, is considered. E-commerce's impact on pricing adds complexity to this recalibration.
Federal Bank revises savings account interest rates
Federal Bank’s savings account interest rates are linked to the repo rates. RBI’s current repo rate is 6.25%.
RBI MPC Meeting Repo Rate: Das & Co likely to hold rates and lower GDP growth outlook
RBI MPC Repo Rate: The Reserve Bank of India’s Monetary Policy Committee (MPC) will announce its policy decisions on December 6, 2024, following a three-day meeting. While no immediate rate cut is expected, concerns over faltering economic growth and high inflation are growing. Analysts predict a policy shift, with potential rate cuts and additional liquidity measures in the future, amid tight liquidity and a weakening rupee.
Federal Bank revises savings account interest rates
Federal Bank has revised the interest rate on savings accounts beginning October 1, 2022. Savings account interest rates are linked to Federal Bank repo rates.
Federal Bank revises savings account interest rates
Federal Bank has revised savings account interest rates with effect from February 9, 2023. Federal Bank’s savings account interest rates are linked to the repo rates. RBI’s current repo rate is 6.50%.
No change in repo rate by RBI: What home loan borrowers, FD investors can do now
The decision to keep the key policy rates by unchanged by the Reserve Bank of India was expected by many market participants. Here's what home loan borrowers and fixed deposit investors can do now.
RBI may conclude FY23 with a 25 bps rate hike to tame India’s sticky core inflation
The decision of RBI Governor Shaktikanta Das-headed six-member MPC will be announced on Wednesday at 10 am. The prediction of a smaller rate hike can be attributed to softening of retail inflation and the US Federal Reserve moderating the pace of increase in its benchmark interest rate.
RBI hikes repo rate by 50 basis point to 5.4% as inflation is still ‘uncomfortable’
Reserve Bank of India governor Shaktikanta Das today announced the third interest rate hike, from 4.9% to 5.4%. The rate hike comes in lockstep with the US Fed, which has so far announced a 225 basis points hike over the past few months. Governor Shaktikanta Das said that the rate hike should help keep the GDP growth expectation of 7.2% “anchored”.
RBI hikes repo rate: Loan EMIs set to go up for borrowers, FD investors to benefit
With further possibilities in key policy rate hikes, here is what is likely to happen to FD interest rates now and what depositors should do. Further, we also tell you what loan borrowers should also expect.
RBI's repo rate cut is hedged with hard talk
The political arena with the DMK, a key ally of the UPA government, announcing conditional departure from the ruling coalition.
RBI's repo rate cut to boost home sales
RBI's monetary policy committee (MPC), led by Governor Shaktikanta Das, on Thursday announced a 25 basis points.
RBI's repo rate cut to cheer builders, buyers
RBI's decision to cut repo rate by 50 basis points is expected to improve realty sales volumes and ease the pressure a bit for cash-strapped developers.
RBI hikes repo rate by 0.25%; What should mutual fund investors do?
A rate hike is always considered negative for the markets– for both the stock and debt markets–as it raises interest rates, borrowing costs of companies and it may also hurt growth.
RBI increases income & loan limits for NBFC-MFI
In the wake of the Andhra Pradesh micro finance crisis in 2010, a Sub-Committee of the Central Board of the Reserve Bank was constituted to study issues in the MFI sector.
RBI raises repo rate by 25 bps to 6.5%
It drew comfort from the easing headline inflation aided by food prices, but the stubbornly high core inflation – stripping out food and fuel – is keeping the Monetary Policy Committee (MPC) wary of any premature fallout of easing over the likelihood that inflation could remain above the target next fiscal year too. It estimates inflation at 5.3 percent, above the target of 4 percent.
RBI likely to raise rates by 35-50 bps tomorrow. What should be your debt mutual fund strategy?
The Reserve Bank of India’s Monetary Policy Committee or MPC began its three-day meeting on Wednesday, and will announce the policy decision tomorrow.
RBI hikes repo rate by 50 bps as inflationary pressures intensify; retains GDP forecast
The Reserve Bank of India (RBI) Governor on Wednesday announced that the Monetary Policy Committee voted unanimously to hike the benchmark interest rate by 50 bps with immediate effect. The RBI also left its FY23 GDP growth forecast unchanged at 7.2%.
Federal Bank revises FD, savings account interest rates: Check latest rates
Federal Bank’s savings account interest rates are linked to the repo rates. RBI’s current repo rate is 6.50%. Federal Bank has revised savings account and fixed deposit interest rates with effect from May 17, 2023.
Banks increase EBLRs by 190 bps in tandem with RBI's repo rate hike
All major banks have increased their external benchmark-based lending rates (EBLRs) by 190 basis points in tandem with the hike in the Reserve Bank's policy repo rate since May this year, though they have been slow in raising the deposit rates. The Reserve Bank has hiked the key short-term lending rate (repo) by 190 basis points in four tranches since May to contain inflation.
EMIs to rise again after RBI repo rate hike and there's more pain to come
The new rate hike cycle started on May 04, 2022, when the RBI increased the repo rate by 40 bps. This was the first hike in repo rate after almost a gap of 4 years.
Coronavirus Updates: Maharashtra records highest spike of 2,940 cases today
India has reported 6,088 new coronavirus cases in the last 24 hours, increasing the country's total number of infections to 118,447. The death toll rose to 3,583.
RBI repo rate by 50 bps, CRR by 25 bps
The RBI raised its key lending rate for the third time in two months, taking it to its highest in seven years to quell price pressures, dampen demand and keep inflation expectations in check.
RBI repo rate kept unchanged at 6.5% for third time in a row
RBI repo rate: The Reserve Bank of India (RBI) announced that it would keep the repo rate unchanged at 6.5 per cent for the third time in a row. The decision was reached by the Monetary Policy Committee (MPC) and reflects the need to keep headline inflation within the target of 4 per cent. However, the outlook for fiscal year 2023-2024 in terms of GDP growth remains at 6.5 per cent.
RBI to hike repo rate by 50 basis points, lower FY23 growth to 7 pc in June review: Barclays
The RBI had hiked its key rate by 0.40 per cent in a surprise move on May 4, and Governor Shaktikanta Das has already said that the possibility of another hike at the June review is a "no-brainer". At the May 4 review, the RBI had hiked the CRR (Cash Reserve Ratio), or the amount of time deposits banks have to park with RBI, by 0.50 per cent to suck out an additional Rs 87,000 crore from the system.
FD investors have benefitted by only 31% of RBI repo rate hike
From January to November 2022, the RBI hiked the repo rate by 1.90%, whereas the weighted FD rate has been hiked by only 0.59%. This shows that only 31% of the 1.90% has been transmitted to the FD investor.
RBI's repo rate hike may slacken housing demand recovery momentum
The cost of construction, which has already gone up since the last few months owing to the Russia-Ukraine war and now the financing cost for both homebuyers and developers is expected to impact the residential real estate sector, experts and industry observers said.
RBI plans Rs 50,000-crore variable rate repo auction
While the RBI had conducted a five-day variable rate repo auction on March 24, the last time it had carried out a 14-day variable rate repo auction was on March 10. In a variable rate repo auction, banks borrow funds from the RBI.
RBI may signal policy normalisation on October 8, Standard Chartered says
The consensus view is that the RBI will leave interest rates unchanged at its Oct. 8 MPC meeting and only start to unwind its accommodative monetary policy by reducing the gap between the repo and reverse repo rates early next year.
RBI raises repo rate by 50 bps to 5.4%
The policy rate increase by the MPC comes as an attempt to curtail the inflationary pressures faced by citizens on the back of high food and fuel prices following supply disruptions due to Russia’s invasion of Ukraine. The increase also comes after the Indian rupee’s plunge to an all-time low in July that further bumped up imported inflation.
RBI’s repo rate hike likely to impact housing sales pace, deal closures may take longer
The moderation in the repo rate hike, however, augurs well for the real estate sector as its pace has slowed down and persistent home ownership sentiment continues to ride high.
With RBI repo rate hike EMI to rise again; Why you may live longer in debt
Due to these rate hikes by the RBI, banks, NBFCs and housing finance companies have been raising their lending rates correspondingly, which in turn means that your EMI has gone up accordingly and with the recent repo rate hike, it will rise further.
Rate cut would help in reviving economic growth without worsening the inflationary situation: MPC's Nagesh Kumar
RBI MPC member Dr. Nagesh Kumar advocated for a 25-basis point repo rate cut and a 50-basis point CRR reduction to stimulate economic growth without exacerbating inflation. He and Prof. Ram Singh dissented from the majority decision to hold the repo rate at 6.5% for the eleventh consecutive time due to inflation concerns.
These banks have increased home loan interest rates after RBI repo rate hike
In response to the RBI action, many banks, including Bank of Baroda, Bank of India, and Indian Overseas Bank, increased their lending interest rates.
RBI repo rate unchanged. Where should you invest now?
A status-quo policy is not a great news for debt mutual fund investors, as debt funds gain the most when the rates go down.
Ex-FM Yashwant Sinha welcomes RBI repo rate cut
According to Sinha, the RBI should have ideally cut down the key policy rate by 50 basis points instead of that announced today.
RBI sticks to the script on benchmark rates, keeps repo where it was; FY22 growth forecasts scaled down
In the run-up to the meeting, bond markets were closely watching whether or not the RBI would bring one more bout of of the G-Sec acquisition programme, India's own version of quantitative easing, in Q3 to keep yiends in check. So far in Q1, the central bank has purchased Rs 60,000 crore worth of bonds out of its Rs 1,00,000 crore target.
RBI's 50 bps repo rate hike in line with D-Street estimates. What's next?
Prioritising inflation over growth, the RBI hiked repo rate, the rate at which the RBI lends short-term funds to banks, to 5.40 per cent from 4.90 per cent earlier. Analysts said the market was largely expecting 35-50 basis points rate hike. With this, the RBI has effectively raised rates by 180 basis points since April.
RBI repo rate cut impacts 10-year G-sec, debt fund yield marginally
While interest rate cuts by the RBI hold the promise of lower EMIs and better debt fund returns, data shows that the benchmark bond yield does not always fall in tandem.
Fixed deposit: Is it the last window to book FDs at high interest rates as RBI pauses repo rate?
Interest rate on fixed deposits have risen significantly however they are yet to match the rise in RBI repo rate hike of 2.5% seen since May 2022. May depositors were hoping that rate will rise further but hardly any bank has raised the rates significantly in last 1-2 months. However, tight liquidity in banking system and uncertainty about inflation movement may make a case for a higher rate on FDs. However, it may not be long lived and overall interest rate on FDs are likely to fall in coming months. What should depositors do?
RBI could go for up to 50 bps hike in repo rate
The Reserve Bank of India, being part of a global central bank chorus to rein in inflation, is certain to raise the policy interest rate this week, according to an ET poll. But the amount of increase is uncertain because it factors in moving parts like crude oil, government action on taxes and the impact of monsoon on food-grain output to predict future prices.
View: Rupee to trade in 71.20-71.80 range
Momentum in the rupee is expected to remain slightly negative.
Did RBI shrug off rupee fall? Key highlights of October money policy
RBI tweaked its policy stance to 'calibrated tightening' from 'neutral'.
RBI resumes variable rate reverse repo operations
The RBI said it will conduct a 14-day VRRR auction worth ₹2 lakh crore on June 2 from 10:30-11:00 am IST. The date of reversal of the VRRR is June 16.
RBI eases corporate debt investment norms for FPIs
RBI will issue a circular to this effect by mid-February.
'RBI has done a good job by keeping the repo rates unchanged'
The second wave of pandemic badly affected the trade and business especially MSMEs and hence they need continued monetary support.
List of cheapest home loans: You can transfer loan balance
The principal and interest components of the EMI are designed so that in the early years of your loan, the interest component will be considerably bigger than the principal component, however in the later half of the loan, the principal component will be much larger.
Allahabad Bank to offer repo linked retail, small business loans from October
The decision has come in line with the Reserve Bank of India guidelines of September 4, 2019, Allahabad Bank said in a regulatory filing.
