The Reserve Bank of India (RBI) noted in a report that while retail inflation has moderated, it is still high, raising speculation that it may continue its monetary tightening to check price rise
Bank of Baroda and Union Bank of India raised Marginal Costs of Funds-Based Lending Rates (MCLR) by 5 basis points. Punjab National Bank and Bank of Baroda raised their RLLR, making loans more expensive.
The 25 basis points hike in key policy rate by the Reserve Bank of India is in “line with market expectations”, experts said on Wednesday.
To rein in inflation and curb demand, the central bank has raised repo rate by 250 basis points since May 2022, and it could rise further. The news is not pleasing for retail loan customers. A rise in interest by 25 basis...
The RBI has hiked rates in five consecutive policy reviews since May 2022 in order to curb inflation
The Reserve Bank has projected retail inflation to ease to 5.3 per cent in next fiscal from 6.5 per cent this year on assumptions of lower imported inflation, even though core inflation remains sticky
T-bill enthusiasts could be in a celebratory mood amid an apparent unexciting spell in stocks, as government security yields meet or exceed expectations, driven by back-to-back repo rate hikes.
RBI MPC Meeting 2023: The Reserve Bank of India has hiked the repo rate by 25 bps bringing it to 6.50 per cent. The central bank has also kept it stance unchanged and commented on inflation, growth and GDP forecast
RBI MPC 2023: Ahead of the concluding remarks by RBI Governor Shaktikanta Das, analysts expect the MPC to opt for a modest rate hike of 25 basis points (bps)...
The government’s Economic Survey 2022-23 has important outlook on monetary policy transmission and how the Reserve Bank of India’s hike in repo rate...
Home loan rates have increased further as the Reserve Bank of India (RBI) has raised the repo rates. Here is how you can manage your home loan EMIs.
FICCI President Sanjiv Mehta said the RBI's policy action hiking the repo rate by 35 bps was widely anticipated as the war against inflation is still far from...
With borrowing costs for developers set to rise, many builders said that housing prices might also increase
Knight Frank India said the Reserve Bank of India’s (RBI) fourth-consecutive repo rate hike has decreased affordability on an average by 2 per cent across...
As per the RBI data, the housing loan outstanding of the banks was at Rs 8,60,086 crore at the end of fiscal 2016-17, and the same has increased to Rs...
The Delhi-NCR market saw 8 per cent increase in average housing price to Rs 4,489 per square feet
Leading home loan lenders, such as HDFC and LIC Housing Finance, as well as banks, such as ICICI Bank and Axis Bank have increased home loan rates within hours...
The Reserve Bank of India could raise the repo rate by another 35 basis points in December 2022, but beyond that there is unlikely to be another major hike,...
RBL Bank has rolled out a special fixed deposit scheme for super senior citizens aged 80 years and above. They will now earn an extra 0.75 per cent per annum...
The Reserve Bank of India increased the repo rate by 50 basis points, taking it above the pre-pandemic levels. Now, experts believe it could affect buyer...
The floating rate fixed deposit is linked to the repo rate as announced by the Reserve Bank of India, thus allowing depositors to earn more from their fixed...
The agency expects borrowing cost of NBFCs to go up by 85-105 basis points (bps) in this fiscal owing to recent hikes in repo rate by 90 basis points in two...
The Reserve Bank of India (RBI) in its bimonthly policy review meet increased the key repo rate by 50 basis points, but made no changes in the cash reserve...
Last month, RBI raised the repo rate or short term lending rate by 40 basis points in an off-cycle monetary policy review to check spiralling inflation
The central bank's rate setting panel will follow it up with a 0.35 per cent hike in rates at the next review in August, or make it into a 0.50 per cent hike...
