RBI Repo Rate
RBI repo rate cut is like BrahMos and Akash activated together: CIO says Rs 2.5 lakh crore liquidity push feels like a missile strike
The Reserve Bank of India (RBI) has significantly eased monetary policy by reducing the Cash Reserve Ratio (CRR) by 100 basis points to 3% and the repo rate by 50 basis points to 5.5%. These coordinated measures are set to inject over ₹2.
What should FD investors do now? RBI cuts repo rate by 50 bps, interest rates will fall further
RBI repo rate cut by 50 bps: The RBI has cut the repo rate and other key rates by 50 bps in today's monetary policy announcement. The latest rate cut brings bad news for fixed deposit investors as banks will cut FD interest rates. How can FD investors still earn higher interest rate?
Bajaj Finance, other NBFC stocks outperform bank stocks after RBI bazooka. Should you still buy?
Emkay Global views the RBI’s move as a clear positive for NBFCs, especially those heavily reliant on bank borrowings and with a sizable fixed-rate loan portfolio, such as gold and vehicle financiers. These firms are expected to benefit from reduced funding costs and improved net interest margins (NIMs) in H2FY26 and beyond.
Banks begin slashing lending rates after RBI's rate cut; home, small business loans to get cheaper
Following the Reserve Bank of India's repo rate cut, banks like Bank of Baroda and Punjab National Bank have lowered their repo-linked lending rates by 50 basis points, benefiting home loan borrowers and small businesses. Bank of Baroda's RLLR is now 8.15%, while PNB's is 8.35%.
After RBI's repo rate cut, ICICI Bank reduces interest rates on fixed deposits; check latest FD rates in June 2025
After the revision, ICICI Bank offers FD interest rates between 3% and 6.6% to general citizens for amounts below Rs 3 crore; for senior citizens, the rates vary between 3.5% and 7.1%.
Here’s how you can save on interest after RBI’s repo rate cut
Banks like Canara or UCO have already cut rates to 7.75%, but some private banks may take a few months to pass on the full benefit, so check with your lender. With reduced EMIs, you can use the extra money for daily expenses, savings, or paying off your loan faster to save more interest.
RBI's 'unanticipated surprise' move to cut repo rate will boost credit growth: Bankers
Bankers in Mumbai welcome the RBI's rate cut and reduced cash reserve ratio. They believe these actions will boost credit growth. SBI Chairman CS Setty calls the policy innovative and a surprise. PNB's Ashok Chandra sees it as forward-looking, supporting growth and stability.
RBI’s 50-bps repo cut to boost mid-income, affordable housing demand
The RBI’s 50 basis point repo rate cut to 5.5%—its third in 2025, totaling a 100 bps reduction—is expected to boost housing affordability and stimulate demand, especially in the mid-income and affordable segments.
Rs 7.71 lakh savings on Rs 50 lakh home loan: Check how much you will save after RBI’s 50 bps repo rate cut
If you go for EMI reduction after interest rate reduction, it doesn't only lower your monthly outgo by reducing your EMI, it could also slash your total interest by several lakhs. However, your actual savings depend on whether you reduce your EMI or keep it constant and shorten the loan tenure.
FD interest rates are falling: Can corporate bonds offer better returns with safety?
Today, the bond market in India surged to $2.6 trillion, of which $1.3 trillion, or 45%, is made up of corporate bonds. Corporate bonds have been benefitting from the headwinds of companies allocating a higher debt component than equity, foreign investors betting on Indian debt, and retail investors finally having a seat at the table.
Real estate stocks deliver rocket returns this week as BSE Realty eclipses sectoral peers with 10% rally
The real estate sector has emerged as a powerhouse, with the BSE Realty index recording substantial weekly gains. This momentum can be traced back to the Reserve Bank of India's repo rate cut, which has sparked renewed interest in property investments. Leading the charge is Sobha, whose stock has taken off, joined by gains in Financial Services and Metal sectors.
Bank, NBFC stocks cheer RBI’s 50 bps bonanza, but are rate cuts delivering?
RBI MPC Impact: Banking and NBFC stocks rallied as the RBI delivered a 50 bps repo rate cut, lifting Nifty Bank to a record high. The move brings the total rate cut to 100 bps, lowering the repo rate to 5.5%. Experts see this as a shift to a more balanced policy stance, boosting credit demand and liquidity.
RBI’s 50 bps rate cut sparks short-term bond rally, long-term yields stay subdued. What's ahead?
India’s short-term government bonds rallied after the RBI’s surprise 50 bps rate cut, while long-term yields remained largely stable. The central bank’s dovish tilt and liquidity infusion via a cumulative 100 bps CRR cut added to the positive momentum. Experts expect monetary transmission to improve, with shorter-end yields benefiting the most amid a data-dependent policy outlook.
RBI takes up axe in hand for frontloading rate cuts to push 3D India
The Reserve Bank of India cut the repo rate by 50 basis points to 5.50%, marking its third consecutive reduction and totaling 100 basis points of cuts in 2025. It also slashed the Cash Reserve Ratio (CRR) by 100 basis points to 3%, injecting additional liquidity into the banking system. The RBI shifted its monetary policy stance from "accommodative" to "neutral", citing muted inflation and the need to support economic growth.
Monsoon showers to bring monetary relief? SBI bets on a likely 50 bps rate cut this June
Reserve Bank of India may cut repo rate by 50 bps on June 6. State Bank of India expects this move to boost credit demand. The banking system has ample liquidity. Savings and fixed deposit rates have already decreased. Inflation is under control, so growth is the priority. India's GDP grew by 7.4% in the fourth quarter.
Should investors move from long-term to short-term debt funds after RBI's rate cut?
Fund managers advise investors to consider shifting from long-term to shorter-term bond funds. This comes after strong gains in long-term debt funds. The Reserve Bank of India is expected to pause rate cuts. Experts suggest focusing on accrual-based strategies. Floating rate funds are also recommended. Investors should lower their return expectations.
Bajaj Finance shares rise 6% post RBI outcome. Why NBFC stocks will benefit more than bank stocks
Bajaj Finance shares saw a surge following the Reserve Bank of India's repo rate cut. The rate reduction is expected to benefit NBFCs more than banks due to their borrowing structures. Market experts believe NBFCs will gain significantly in this rate cut cycle. The RBI also reduced the Cash Reserve Ratio to inject liquidity into the banking system.
More money on the Street draws bulls to realty, auto, financials
Following the RBI's policy rate cut and CRR reduction, interest rate-sensitive sectors like banks, financials, property, and autos experienced a surge, propelling the Nifty past 25,000. The Nifty Bank index reached a new high, while realty and financial services also saw significant gains.
RBI MPC Repo Rate Meeting Update: MPC has limited scope to cut rates further; CRR not the only liquidity measure, says RBI Guv
RBI Monetary Policy Meeting: The Reserve Bank of India (RBI) announced its bi-monthly monetary policy today, in line with expectations running high for another rate cut to boost economic growth, which has been facing pressure from global trade disruptions. Governor Sanjay Malhotra announced that the rate has been slashed the key repo rate by 50 bps. Analysts had largely anticipated another 25 basis points cut, continuing the current easing cycle. However, a research note from the State Bank of India has projected a sharper cut of 50 basis points, citing the need for stronger policy support amid weakening global trade flows. In a statement on Thursday, the Reserve Bank noted that the impact of the 50-bps cumulative cut since February has already prompted several banks to lower their repo-linked external benchmark-based lending rates (EBLRs) and marginal cost of funds-based lending rates (MCLR). A reduction in the repo rate generally leads to lower lending rates, translating into reduced EMIs for both households and businesses. The six-member MPC includes three RBI officials—Governor Sanjay Malhotra, Deputy Governor M Rajeshwar Rao, and Executive Director Rajiv Ranjan—and three external members appointed by the government. The external panelists are Nagesh Kumar, Director-General of the Institute for Studies in Industrial Development; economist Saugata Bhattacharya; and Professor Ram Singh of the Delhi School of Economics.
Bajaj Finance fixes June 16 as record date for 1:2 stock split, 4:1 bonus equity share
Bajaj Finance has fixed June 16, 2025, as the record date for its 1:2 stock split and 4:1 bonus equity share issue. This comes after a strong Q4 performance, with 19% YoY profit growth, 26% AUM rise, and RBI’s surprise rate cut boosting sentiment.
RBI MPC opts for a 'jumbo' rate cut to bring repo rate down to 5.5%, switches to neutral gear
RBI MPC 2025 Repo Rate Change: The Reserve Bank of India's Monetary Policy Committee (MPC) reduced the repo rate for the third consecutive time this year, led by Governor Sanjay Malhotra. The decision, made on May 5, 2025, follows previous 25-bps cuts in February and April, driven by a decline in retail inflation to 3.16% in April, prompting banks to lower lending rates.
Reserve Bank-led MPC may deliver third straight rate cut as inflation undershoots
Reserve Bank of India is likely to cut rates for the third time. This is to boost economic growth, given muted inflation. Most economists expect a 25-basis point cut in the repo rate. Retail inflation has slowed down. India's GDP grew faster than expected in the March quarter. The central bank may widen the policy rate corridor.
RBI MPC Meeting 2025-26 Key Takeaways: Check what Sanjay Malhotra announced today
The Reserve Bank of India (RBI) has reduced its policy rate by 50 basis points, the third cut since February 2025, bringing the repo rate to 5.5%. Citing global economic uncertainties and below-target inflation, the MPC aims to boost domestic growth. The RBI also lowered the Cash Reserve Ratio (CRR) to 3% and projects a GDP growth of 6.5%
Big savings for home loan borrowers as EMIs to fall significantly after RBI cuts repo rate by 50 bps
RBI repo rate cut: The Reserve Bank of India has cut the repo rate by 50 bps in today's monetary policy announcement. With the latest rate cut, home loan EMIs or tenure will decrease further. This will result in the big savings on the interest paid on home loan for borrowers.
India to remain among fastest-growing major economies even as growth may moderate in FY26: EY
India's economic growth is anticipated to slow down in the current fiscal year due to global uncertainties and domestic factors. To maintain growth, a balanced approach to monetary and fiscal policies is crucial. While India remains a fast-growing economy, supported by domestic demand and easing inflation, reviving public investment is essential for sustaining economic activity.
Can Nifty sustain 25,000? Share.Market expert answers, suggests strategy for Cochin Shipyard, Suzlon & 4 more stocks
Market analyst Mayank Jain advises investors to watch macro data and corporate earnings. Nifty surpassed 25,000 after the RBI rate cut. Immediate resistance for Nifty is at 25,100. Bank Nifty faces resistance at 57,000. Interest rate-sensitive sectors saw rallies. FII selling was offset by domestic investors. The Trump-Musk spat impacts Tesla's stock.
Property prices rise in 48 cities in Q4 of FY25: NHB RESIDEX
National Housing Bank data reveals a rise in property prices across India. Forty-eight out of fifty cities saw an increase in the last quarter of 2024-25. Howrah and Thiruvananthapuram experienced a decline. The 50-city Housing Price Index shows a 7.5 percent annual increase. Eight key residential markets witnessed price appreciation. Interest rates on home loans also saw a slight moderation.
NRI deposit inflows at an 11-year high in FY25 as rates entice
NRI deposits in Indian banks surged to an 11-year high in FY25, reaching $16.2 billion, driven by attractive interest rates and rupee depreciation. Dollar deposits (FCNR(B)) saw significant inflows, with NRIs earning higher returns compared to their home countries. Rupee deposits (NRE(RA)) also increased, reflecting the benefits of currency fluctuations.
Repo Rate
The repo rate, or repurchase rate, is the rate at which central banks lend to commercial banks, usually against government securities. It is an essential monetary policy tool, affecting the money supply and overall economic activity.
SBI reduces deposit rates by 20 bps in all maturity buckets
State Bank of India has reduced its deposit rates by 20 basis points across all maturity periods, including the special 444-day scheme, effective Friday. The 444-day scheme now offers 6.85% annually, down from 7.05%. This is SBI's second deposit rate cut following the Reserve Bank of India's easing of interest rates in February.
Has SBI lowered its home loan lending rates again? Check latest rates for May 2025
State Bank of India has decided to keep its key lending rates unchanged for May 2025, following a 0.25% rate cut in April 2025. This decision maintains stability across both MCLR and external benchmark-linked rates like RLLR. The External Benchmark Rate (EBR) is 8.
Lower home loan EMIs: List of banks that have reduced home loan interest rates after RBI rate cut
Home loan EMIs: Following the Reserve Bank of India's repo rate cut, several public and private sector banks, including SBI, Bank of Baroda, and HDFC Bank, have reduced their lending rates across various retail loan segments. Here is the list of prominent banks that have reduced their home loan interest rates.
Best way to prepay your home loan: Save Rs 7 lakh and pay off 36 months early with this prepayment strategy
With recent repo rate cuts by the RBI, home loan borrowers now have opportunities to accelerate their repayment. Strategies like utilising surplus funds for occasional prepayments, making fixed annual prepayments, or incrementally increasing EMIs can significantly reduce interest costs and shorten loan tenures. Read below to know how to use these strategies.
Interest rates are falling, time to switch your home loan regime: Save above Rs 8 lakh by switching to EBLR; Know how
Home loan interest rates are decreasing after the Reserve Bank of India repo rate cut. Borrowers can save money by switching to the External Benchmark Lending Rate or EBLR. EBLR is more transparent and linked to the repo rate. Converting from older regimes like BPLR or MCLR can lead to substantial savings. Read below to know the full calculations.
LICHFL cuts home loan interest rates for both old and new home loans; new home loan interest rate starts from 8%
Life insurance coporation of India housing finance has cut its benchmark home loan rates by 0.25%. This means now both old and new customers of LIC HFL can get the benefit of a lower home loan interest rate. In a press release, LIC HFL informed that the new interest rates start from 8% per annum. The name of the benchmark is: LIC Housing Prime Lending Rate (LHPLR).
Fixed deposit rates slashed: Kotak and Axis Bank cut FD rates for second time in April 2025
Kotak Mahindra Bank has reduced its fixed deposit (FD) interest rates by up to 30 bps on select tenures, marking its second revision in April, effective April 23, 2025. Similarly, Axis Bank has also revised its FD interest rates for deposits less than Rs 3 crore.
Highest savings account interest rate: Comparison of ICICI Bank vs HDFC Bank vs Axis Bank vs YES Bank
Banks are revising their savings account interest rates after RBI cut the repo rate by 25 bps during its monetary policy meeting earlier this month. Following the RBI's repo rate cut, ICICI Bank, HDFC Bank, and Axis Bank have reduced savings account interest rates by 25 bps.
Reduce home loan EMI or cut tenure? What will save you more on interest after RBI repo rate cut by 50 bps?
Home loan EMI reduction: After a long time, the RBI has relieved the borrowers by cutting the repo rate successively by 50 basis points. With the repo rate reduced, home loan borrowers have to choose either to reduce their home loan EMI amount or reduce home loan tenure. If you are confused about which option will save you more money, then here is your answer.
Federal Bank cuts FD, savings account interest rates, changes FD tenures: Here are the latest fixed deposit interest rates
Federal Bank has decreased interest rates for fixed deposits (FDs) and savings accounts, effective April 17, 2024. This decision follows the Reserve Bank of India's repo rate reduction.
Book your FD before it’s too late: These banks offer interest rates up to 9.10% for senior citizens
Following the RBI's recent repo rate cut, major banks like SBI and HDFC Bank have reduced their fixed deposit (FD) interest rates, impacting returns for conservative investors, especially senior citizens. However, some small finance are still offering attractive FD rates, up to 9.10% for seniors.
Follow the shopper: 6 reasons why consumption stocks could be the star act of FY26
India's consumption theme is poised for a strong FY26, fueled by tax cuts, easing monetary policy, and a promising monsoon. The Rs 1 lakh crore income tax relief and potential 8th Pay Commission implementation are expected to boost spending.
Good news for SBI borrowers: Bank reduces these lending rates by 25 basis points after repo rate cut by RBI
Following RBI's repo rate cut, SBI has also reduced its EBLR, or external benchmark lending rate, and RLLR (repo-rate linked lending rate). This will be effective April 15, 2025. While MCLR rates remain unchanged, read on to know more about the changes in EBLR rates and how they will impact your loan payments and EMIs.
FD investors: Book your fixed deposits at higher interest rates now before they come down further
RBI repo rate cut by 25 bps: The RBI Governor has announced the 2nd rate cut in the repo rate. The two successive rate cuts will bring down the fixed deposit interest rates. The FD investors, especially the senior citizens, should act now to your book fixed deposits at higher interest rate before they lose the opportunity.
Bank stocks fall up to 4% after RBI repo rate cut; gold loan NBFCs hit hard
Public sector banks were among the biggest losers, with Bank of India, Union Bank of India, Indian Bank, and Bank of Baroda dropping nearly 4%. Canara Bank, Punjab National Bank, and State Bank of India also saw declines between 1.5% and 2%.
Banks cut interest rates on savings accounts. Should you shift to liquid mutual funds now?
As banks reduce savings account interest rates, experts suggest liquid, money market, and overnight funds as appealing alternatives for better short-term returns. HDFC Bank and Axis Bank have lowered rates to 2.75%, prompting a potential shift towards debt mutual funds. Despite recent outflows in liquid funds due to year-end obligations, the outlook remains positive, especially with the RBI's accommodative stance.
SBI shares jump 2% on reducing lending rate by 25 bps
State Bank of India has slashed its External Benchmark Based Lending Rate and Repo Linked Lending Rate by 25 basis points, following the RBI’s repo rate cut to 6.25%. Effective April 15, the move is set to ease EMIs for retail borrowers and could buoy rate-sensitive stocks. SBI shares had closed 1.7% higher ahead of the announcement.
RBI's rate cut to cushion economy amidst global turmoil, says India Inc
The RBI’s second consecutive rate cut to 6% aims to shield India’s economy from global shocks triggered by US tariffs, industry bodies said. CII called the move timely and prudent, adding the accommodative stance and easing cycle reflect concerns over slowing global growth and a mild domestic inflation outlook.
RBI cuts repo rate by 25 bps: Borrowers can rejoice as their home loan EMI comes down further
RBI MPC Meeting repo rate cut: The RBI Governor announced the reduction in the repo rate by 25 basis points in the MPC meeting today. The latest repo rate cut will help the borrowers to reduce their EMIs in the upcoming months and relief from higher EMIs. Read on to know what borrowers need to do now.
RBI MPC Meet Highlights: From repo rate to GDP growth, key numbers in focus
RBI MPC Meet Highlights: Led by Sanjay Malhotra, the RBI's MPC is anticipated to cut the repo rate by 25 bps and shift to an 'accommodative' stance, aiming to bolster economic growth amid subdued inflation. This decision follows a previous rate cut and CRR reduction to enhance liquidity.
RBI cuts repo rate: Indian Bank, PNB, Bank of India revise RLLR rates; lower EMI for home loan borrowers
The Reserve Bank of India on Wednesday reduced the repo rate by 25 basis points, bringing it down to 6% from 6.25% The impact of the reduction of RLLR will vary between old and new home loan borrowers. Most of these banks have promptly passed on the reduction benefit to new borrowers. However, existing borrowers will benefit according to their respective interest rate reset cycles.
Four PSU banks cut lending rate in line with RBI's policy, more to follow suit
Four public sector banks—Punjab National Bank, Bank of India, Indian Bank, and UCO Bank—have announced a reduction of up to 35 basis points in their lending rates following the RBI's cut in the repo rate. Indian Bank's new rate is 8.70%, PNB’s is 8.85%, Bank of India’s is 8.85%, and UCO Bank's rate is 8.80%.
RBI MPC Meet: Key takeaways from governor Sanjay Malhotra’s address
The Reserve Bank of India (RBI) reduced the repo rate by 25 basis points to 6%, changing its stance to 'accommodative' to stimulate economic growth. Led by Governor Sanjay Malhotra, the Monetary Policy Committee's decision was unanimous amidst global uncertainty and trade tensions. The SDF rate is now 5.75%, and the MSF rate is 6.25%.
RBI MPC cuts repo rate by 25 bps to 6% amid market uncertainty, tariff turmoil; shifts to accommodative stance
RBI MPC 2025 Repo Rate Change: The Reserve Bank of India (RBI) has reduced the repo rate to 6.0% from 6.25%, marking the second consecutive cut under Governor Sanjay Malhotra. This decision, driven by softer inflation and easing oil prices, aims to support India's economic growth amidst pressures like US tariffs.
RBI MPC Meeting: Trump tariff turmoil puts pressure on Reserve Bank of India to act
RBI Monetary Policy Meeting: India's central bank is anticipated to lower interest rates, coinciding with the implementation of US import tariffs. Investors are bracing for potential market instability, with expectations that Governor Sanjay Malhotra will implement measures to strengthen the economy against a slowdown. Economists predict a 25 basis point cut to 6%, while also monitoring inflation, liquidity management, and bond/rupee reactions.
RBI MPC meeting at a glance: Your one-stop guide for all key decisions
The Reserve Bank of India has reduced the repo rate. The new rate is now 6%. Governor Sanjay Malhotra led the Monetary Policy Committee. The RBI also changed its stance. It is now 'accommodative'. This signals potential support for economic growth. The decision occurs amidst global economic uncertainties.
After steep fall in FY25, bond yields may decline further
The 10-year benchmark yield closed at 6.57% on Friday, the last trading day of FY25. Over this financial year, the 10-year yield softened 47 basis points, its steepest retreat in five years, according to LSEG data.
Muthoot Finance, IIFL Finance shares fall up to 9% as RBI plans tighter gold loan norms
Shares of Muthoot Finance, IIFL Finance, and Manappuram Finance fell sharply after the RBI announced plans to tighten gold loan regulations. The central bank also cut the repo rate by 25 bps to 6% and lowered the FY26 GDP growth forecast to 6.5%. Banking stocks declined broadly despite the easing, with PSU banks leading the fall.
RBI MPC meeting schedule for FY26 released; first meet set for April 7-9
The Reserve Bank of India (RBI) has scheduled six Monetary Policy Committee (MPC) meetings for the fiscal year starting April 2025. The first meeting will be held from April 7-9, 2025, following the recent rate cut to 6.25%. Subsequent meetings are set for June, August, October, December 2025, and February 2026.
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 to shift focus on growth over inflation in April MPC meet, cut repo rate by 25 bps: Care Edge
The Reserve Bank of India’s monetary policy committee is expected to shift focus from inflation concerns to supporting growth in its April meeting, with a 25-basis-point repo rate cut anticipated. Inflation has moderated, aided by lower food prices, allowing the RBI flexibility to prioritize growth.
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.
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%.
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: 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 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'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 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%.
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.
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.
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.
