![]() | Banks starts raising lending rates after RBI’s policy rate hikeHike in lending rates by banks comes after the RBI, last week, raised repo rate by 25 bps points in its fight against inflation. |
![]() | How to keep EMIs lower as banks hike interest ratesExperts suggest that if you have a surplus amount, make part prepayment of your home loan as it will save you a lot of money in the long run |
![]() | Increasing repo rate will affect business, lament Tamil Nadu tradersThe repo rate hike has resulted in increase in interest rate on home loans, auto loans, personal and gold loans, and the monthly EMI outgo will be much higher. |
![]() | RBI wary of core inflation despite easing signalsThe RBI’s inflation hawks are in no hurry to retreat. Markets expected the central bank to either take the foot off the rate hike pedal or change the policy stance to neutral. |
![]() | Moderate rate hike gives leeway to make data-driven changes in monetary policy: RBI GovernorThe RBI governor stopped short of making any forward-looking statement on the policy stance. |
![]() | RBI raises repo rate by 25 bps, revises inflation and growth forecastExcluding today’s hike, the central bank has raised repo rate by 225 bps since April 2022 in a bid to tame inflation, which has stayed above its comfort zone of 2-6 percent. |
![]() | RBI likely to settle for 25 basis points repo rate hike: ExpertsInflation will likely moderate further in the next few months, leading to the end of the rate hiking cycle by the first half of 2023 and possible rate cuts in late-2023/early-2024. |
![]() | Realty firms’ debt cost falls despite rate hike“These included a reduction in repo rate, loan restructuring, stamp duty cuts, and a relief package to boost the economy.” |
![]() | Market falls as RBI increases repo rate, cuts GDP growth forecastThe fall comes as RBI hinted that it would keep fighting high inflation rate and lowered its FY23 GDP growth forecast from 7per cent to 6.8 per cent. |
![]() | RBI's policy on expected lines, signal softening of rate hike intensity: ExpertsThe Reserve Bank on Wednesday also lowered the country's GDP growth forecast to 6.8 per cent for the current fiscal from 7 per cent earlier. |
![]() | Any more hike in rates could result in bad news for real estate sectorAnuj Puri, chairman of ANAROCK Group, says that the hike will undoubtedly push up home loan interest rates, which had already crept up after four consecutive rate hikes this year. |
![]() | RBI hikes benchmark lending rate by 35 basis points to 6.25 per centThis is the fifth consecutive rate hike after a 40 basis points increase in May and 50 basis points hike each in June, August and September. |
![]() | RBI may halt rate hike cycle after December policy: SBIThe bank believes the Monetary Policy Committee (MPC) of the RBI will increase the repo rate by 35 basis points on 7 December 2022 taking the repo rate to 6.25%. |
![]() | Experts say Monetary Policy Committee may hike repo rate by 35 bpsThe RBI has increased the Repo rate four times since May this year by 190 basis points. |
![]() | Banks increase lending rates by 190 bps in tandem with RBI's repo rate hikeFurther, banks have also increased their 1-year median marginal cost of funds-based lending rate (MCLR) by 85 bps from May to October 2022. |
![]() | Banks hint at slower pace of deposit rate hike even as lending rates go upThese banks have said they have enough ‘space’ in terms of liquidity to continue for another quarter or two without worrying about raising funds via deposits at higher rates. |
![]() | Home loan EMIs to go further up as RBI steps up its inflation fightRaises repo rate by 0.5%; future hikes likely |
![]() | Markets gain about 2 per cent despite repo rate hikeThe BSE Sensex closed the session at 57,427, up 1,017 points or 1.8%, while the NSE Nifty50 closed at 17,094, up 276 points or 1.64%. |
![]() | Housing sales to take a hit post rate hikeWhile SBI is offering home loans at 8.05-8.55%, HDFC Bank’s interest rates on same vary between 8.10% and 9.05% |
![]() | Increase in repo rate will affect MSMEs and industrial investments: TN Commerce chamberIn a release, chamber president Dr Jegatheesan said the RBI on Friday increased the repo rate from 5.40% to 5.90%. |
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