repo rate

SBI raises benchmark lending rates by up to 50 basis points

With the increase in lending rate, EMIs will go up for those borrowers who have availed loans on MCLR, EBLR or RLLR.

published on : 15th August 2022

Rising mortgage rates pose ‘near-term’ challenge

Many industry experts believe that demand for realty may take a hit due to this steep jump of 1.5%.  

published on : 12th August 2022

HDFC hikes lending rate by 25 bps, home loans to get costlier

The revision in interest rates would come into effect from Tuesday.

published on : 9th August 2022

Home loan interest set to rise on repo rate hike

RBI Governor Shaktikanta Das-led MPC hiked the policy repo rate by 50 bps to 5.40% with immediate effect

published on : 6th August 2022

With record repo rate hike, RBI signals end of cheap loans era

ICICI Bank and Punjab National Bank have already raised their lending rates after the central bank increased the benchmark interest rate on Friday. 

published on : 6th August 2022

In highest hike since 2019, RBI raises key rate by 50 bps to 5.40 per cent; Governor Shaktikanta Das raises inflation fears

The 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.

published on : 5th August 2022

RBI likely to hike 25-50 basis points in repo rate at upcoming monetary policy meeting

Economists 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'.

published on : 30th July 2022

RBI to go for 35 basis points hike in rates at next week's monetary policy meeting: Report 

Last week, RBI Governor Shaktikanta Das said that headline inflation, which came at 7.04 per cent for April, is appearing to have peaked.

published on : 27th July 2022

Small businesses, retailers to take a hit due to repo rate hike

Arijit Malakar, Equity Research Analyst at Ashika Stock Broking limited said the rise in repo rate has a direct impact on retail loans demand.

published on : 18th June 2022

Fitch expects RBI to raise interest rates to 5.9 per cent by December-end

The 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.

published on : 14th June 2022

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.

published on : 11th June 2022

Stocks correct from highs, bond yields down a tad after RBI repo rate hike

The Reserve Bank of India raised inflation forecast and changed its policy stance to withdrawal of accommodation from remaining accommodative.

published on : 9th June 2022

EMIs set to rise further as RBI increases lending rate

Raises 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

published on : 9th June 2022

Withdrawal of accommodation calibrated to evolving inflation-growth dynamics: RBI Governor

The 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.

published on : 8th June 2022

'Right balance between inflation and growth': Experts welcome RBI's repo rate hike

Announcing 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.

published on : 8th June 2022

Builders expect slowdown in housing demand in short-term on RBI's rate hike

Builders welcomed the RBI's decision to increase the existing limits on individual housing loans by co-operative banks.

published on : 8th June 2022

Monetary, fiscal authorities taking steps to control inflation: Economic Affairs secretary Ajay Seth

Seth said that apart from growth and inflation, the authorities are also working on management of rupee and keeping fiscal balance.

published on : 8th June 2022

Evolving conditions will guide future policy actions: RBI Governor Shaktikanta Das

The 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.

published on : 8th June 2022

RBI allows credit cards to be linked with UPI to boost digital payments

At 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.

published on : 8th June 2022

Reserve Bank of India projects inflation at 6.7 per cent in FY23

The 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.

published on : 8th June 2022
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