![]() | SBI raises benchmark lending rates by up to 50 basis pointsWith the increase in lending rate, EMIs will go up for those borrowers who have availed loans on MCLR, EBLR or RLLR. |
![]() | Rising mortgage rates pose ‘near-term’ challengeMany industry experts believe that demand for realty may take a hit due to this steep jump of 1.5%. |
![]() | HDFC hikes lending rate by 25 bps, home loans to get costlierThe revision in interest rates would come into effect from Tuesday. |
![]() | Home loan interest set to rise on repo rate hikeRBI Governor Shaktikanta Das-led MPC hiked the policy repo rate by 50 bps to 5.40% with immediate effect |
![]() | With record repo rate hike, RBI signals end of cheap loans eraICICI Bank and Punjab National Bank have already raised their lending rates after the central bank increased the benchmark interest rate on Friday. |
![]() | In highest hike since 2019, RBI raises key rate by 50 bps to 5.40 per cent; Governor Shaktikanta Das raises inflation fearsThe RBI expects growth in the first quarter of the current fiscal at 16.2 per cent, which will eventually taper to 4 per cent. Das cautioned that there are risks from the ongoing Russia-Ukraine war. |
![]() | RBI likely to hike 25-50 basis points in repo rate at upcoming monetary policy meetingEconomists and fund managers are of a mixed view on the policy stance. Few are expecting the stance to be changed to 'Neutral', while some say 'Withdrawal of accommodative stance could persist'. |
![]() | RBI to go for 35 basis points hike in rates at next week's monetary policy meeting: ReportLast week, RBI Governor Shaktikanta Das said that headline inflation, which came at 7.04 per cent for April, is appearing to have peaked. |
![]() | Small businesses, retailers to take a hit due to repo rate hikeArijit Malakar, Equity Research Analyst at Ashika Stock Broking limited said the rise in repo rate has a direct impact on retail loans demand. |
![]() | Fitch expects RBI to raise interest rates to 5.9 per cent by December-endThe RBI has forecast inflation to be 6.7 per cent by the end of current fiscal. The retail inflation for May came in at 7.04 per cent. |
![]() | Fitch revises upwards India outlook to ‘stable’Fitch says high nominal GDP growth has facilitated a near-term cut in debt-to-GDP ratio, even if public finances remain a credit weakness. |
![]() | Stocks correct from highs, bond yields down a tad after RBI repo rate hikeThe Reserve Bank of India raised inflation forecast and changed its policy stance to withdrawal of accommodation from remaining accommodative. |
![]() | EMIs set to rise further as RBI increases lending rateRaises its inflation forecast to 6.7% by the end of this financial year; Analysts see more future hikes by central bank to achieve its target |
![]() | Withdrawal of accommodation calibrated to evolving inflation-growth dynamics: RBI GovernorThe six-member Monetary Policy Committee, which met from May 6-to 8, unanimously voted to increase the policy repo rate to 4.90 per cent. |
![]() | 'Right balance between inflation and growth': Experts welcome RBI's repo rate hikeAnnouncing the credit policy, RBI Governor Shaktikanta Das said that the Indian economy is resilient, though negative global spillovers continue to weigh on the domestic economic growth outlook. |
![]() | Builders expect slowdown in housing demand in short-term on RBI's rate hikeBuilders welcomed the RBI's decision to increase the existing limits on individual housing loans by co-operative banks. |
![]() | Monetary, fiscal authorities taking steps to control inflation: Economic Affairs secretary Ajay SethSeth said that apart from growth and inflation, the authorities are also working on management of rupee and keeping fiscal balance. |
![]() | Evolving conditions will guide future policy actions: RBI Governor Shaktikanta DasThe governor said that the RBI has changed the policy stance to drop the phrase 'remains accommodative' and instead opted for 'withdrawal of accommodation' for guiding its future moves. |
![]() | RBI allows credit cards to be linked with UPI to boost digital paymentsAt present, UPI facilitates transactions by linking savings or current accounts through users’ debit cards. With this new proposal, users can link their credit cards with UPI. |
![]() | Reserve Bank of India projects inflation at 6.7 per cent in FY23The central bank expects the retail inflation to be at 7.5% in the first quarter, 7.4% in Second, 6.2% in third and 5.8% in the fourth quarter. |
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