RBI Repo Rate
Falling NII hurts private banks' profit growth, public peers do better
Private sector banks experienced a decline in net profit for the second consecutive quarter due to dwindling net interest income, while public sector banks continued their double-digit growth. Overall net profit growth for the sampled banks slowed to a four-and-a-half-year low, reflecting a deceleration in net interest income, which saw its first drop in over five years.
Crisil maintains India's FY26 GDP forecast at 6.5%, private consumption to steer growth
Crisil projects India's GDP to grow at 6.5% for fiscal year 2025-26. US tariffs and slowing global growth may impact exports. Private consumption is expected to drive growth, supported by a good monsoon and RBI rate cuts. GST reforms are anticipated after Diwali. The GST Council will meet in September to discuss these changes. Government maintains GDP forecast at 6.3-6.8%.
PNB, Bank of India reduce lending rates in September 2025: Check revised MCLR rates here
Punjab National Bank and Bank of India have revised their MCLR, effective September 1, 2025. PNB reduced rates by up to 15 bps across tenures, while BoI lowered rates by 5-15 bps, except for the overnight tenure. These revisions may bring relief to borrowers with loans linked to MCLR, potentially lowering EMIs.
GST rejig to give consumption a big push; food and durable goods to turn cheaper: BoB Report
The Indian government is poised to simplify the GST structure, reducing tax slabs and rates on key consumer goods. This overhaul, expected to boost consumption by 0.2-0.3% of GDP, will make items like food products and durables more affordable. The move, coupled with potential RBI rate cuts, is anticipated to spur demand and benefit various sectors.
Banks' margins slip to lowest in 3 years on rate cut impact
The banking sector's net interest margin (NIM) has declined to a three-year low of 3.98% in the June quarter, impacted by the RBI's repo rate cuts. Lending rates adjusted faster than deposit costs, squeezing bank profits. Analysts anticipate NIM improvement in the second half of FY26, contingent on deposit rate adjustments and no further rate cuts by the RBI.
S&P upgrade to boost foreign flows, lower funding costs for Indian companies: Vishal Goenka
India’s S&P rating upgrade to BBB with Stable Outlook is set to lower funding costs for corporates and attract stronger foreign inflows into bonds, says Vishal Goenka of IndiaBonds.com. He sees improved risk-adjusted returns, enhanced global positioning, and fresh opportunities for fixed-income investors.
Will the RBI cut rates following US jobs data disappointment?
Following weak US jobs data, the likelihood of an RBI repo rate cut has grown, fueled by anticipation of a potential Fed rate cut in September. Despite some traders leaning towards a rate cut, the RBI's Monetary Policy Committee is expected to maintain a pause with a neutral stance.
RBI repo rate unchanged: Economists decode Reserve Bank of India’s big monetary policy call
The Reserve Bank of India's Monetary Policy Committee has decided to maintain the repo rate at 5.5%, despite lowering inflation forecasts, due to concerns about future inflation and global uncertainties. Economists suggest this 'dovish pause' indicates a cautious approach, awaiting the transmission of previous rate cuts and monitoring global economic shifts before considering further easing.
RBI Repo Rate Pause: Time for FD investors to make the best of prevailing high interest rates as FD rates to continue to fall
Fixed deposit investors should brace for potential interest rate cuts. The Reserve Bank of India has kept the repo rate unchanged, but previous reductions will likely impact FD rates. Retail inflation is falling, influencing the RBI's decisions. Experts suggest locking in investments at current high rates. Medium to long-term FDs and laddering strategies can help mitigate losses.
RBIs status quo on rate and low inflation will boost housing demand in festive season: Experts
The Reserve Bank of India's decision to maintain the repo rate at 5.5 percent is expected to stabilize interest rates and bolster the housing market, particularly as the festive season approaches.
Will the dream run for home loan borrowers continue despite RBI pausing repo rate?
RBI Repo Rate Cut News: The RBI has maintained the repo rate, a decision that may not immediately benefit home loan borrowers. However, with retail inflation falling to a 12-month low of 2.1% in June 2025, further rate cuts are anticipated. Experts suggest borrowers on older regimes like MCLR should switch to EBLR for quicker benefits.
Policy rate cuts and pace of transmission: Tracking an impactful five months in 2025
The Reserve Bank of India (RBI) reduced the repo rate by 100 basis points between February and June 2025, bringing it down to 5.5%. Banks responded with a 58 bps drop in the weighted average lending rate (WALR) on fresh loans in June, reaching 8.62%.
RBI MPC decision August 6: What Sanjay Malhotra said about growth, inflation, and US tariffs
In August 2025, the RBI's MPC maintained the repo rate at 5.5%, supported by resilient domestic growth and a CPI inflation of 2.1% in June. While projecting a GDP growth of 6.5% for 2025-26, the committee anticipates inflation to rise, driven by base effects and demand-side pressures.
RBI Governor Malhotra says effect of rate cut on retail loans still playing out
RBI Governor Sanjay Malhotra downplays concerns about slowing retail credit demand, citing the lagged impact of rate cuts on long-term investments like housing. While mortgage growth has moderated to 9.6% in June 2025, he emphasises that overall housing credit remains strong at 14%. Analysts attribute the broader credit slowdown to cautious lending, subdued demand, and banks managing their Credit-to-Deposit ratios.
Malhotra & co flag 'lot of uncertainty' around Trump's tariff impact on Indian economy
The Reserve Bank of India's MPC maintained the repo rate at 5.5% amidst global trade concerns, including potential US tariff hikes on Indian goods. Governor Malhotra lowered the growth forecast to 6.5%, citing external risks, while Deputy Governor Gupta downplayed inflation concerns.
RBI MPC Meeting 2025-26 Key Takeaways: Check what RBI Guv Sanjay Malhotra announced
RBI Monetary Policy Meeting 2025-26 Key Takeaways: The RBI's MPC has decided to keep the repo rate unchanged after a significant 50 basis points cut in June 2025. This decision comes amidst global economic uncertainties. The MPC forecasts India's GDP growth for 2025-26 at 6.5% and anticipates a gradual rise in CPI inflation throughout the year, with a positive outlook on food inflation.
RBI Monetary Policy Meet LIVE: Repo rate unchanged, RBI aspires India to grow at 6.5%+ rate
RBI Monetary Policy Meeting: The Reserve Bank of India’s Monetary Policy Committee maintained the repo rate at 5.5% in its August policy review, despite inflation easing to 2.1% and calls for a final rate cut. The US’s 25% tariff on Indian imports adds to economic uncertainty, but economists remain divided on its policy impact. Inflation for FY26 is projected at 3.1%, lower than June’s 3.7% estimate, though CPI is expected to reach 4.9% in FY27. With easing inflation and global uncertainties, the RBI signalled a cautious approach to support domestic demand while managing external risks. Repo Rate: The central bank kept the repo rate unchanged at 5.5% in its latest Monetary Policy, followed by three consecutive rate cuts since February, totaling 100 basis points, and comes just ahead of the festive season, a period when credit demand typically rises. The committee maintained its neutral stance. Read more: RBI MPC keeps repo rate unchanged at 5.5% amid Trump tariff threats GDP Outlook: The RBI kept FY 2025-26 forecast unchanged at 6.5%. For FY2026–27, the central bank projects growth at 6.6%. Quarterly GDP growth for FY26 is projected at 6.5% in Q1, 6.7% in Q2, 6.6% in Q3, and 6.3% in Q4. “The risks are evenly balanced,” RBI Governor Sanjay Malhotra said. Read more: Central bank keeps FY26 forecast unchanged at 6.5%, projects 6.6% for FY27 Inflation: MPC lowers inflation aim to 3.1% despite Trump's tariff threats Read more: RBI Inflation FY26 Forecast
RBI Monetary Policy keeps repo rate unchanged at 5.5% amid Trump tariff threats; reveals GDP, inflation targets for Q1 FY27
RBI Monetary Policy Repo Rate Change: The Reserve Bank of India's MPC, under Governor Sanjay Malhotra, has maintained the repo rate at 5.5% after previous cuts. This decision precedes the festive season, a period of increased credit demand. It reflects a cautious approach to balancing external economic pressures and supporting domestic growth amidst easing inflation and trade concerns.
5 ways to lower your home loan EMIs despite RBI holding the repo rates
Despite the RBI announcing no changes in repo rate, homeowners can still reduce EMIs through strategic actions. Prepayments significantly cut principal and interest, while negotiating with lenders for lower rates, especially with a strong credit score, can prove beneficial. Balance transfers to lenders offering better deals can also help home loan borrowers reduce their EMI outgo.
RBI to conduct Rs 50,000 crore overnight VRRR auction on July 31
Reserve Bank of India will conduct an overnight variable rate reverse repo auction on July 31. This is to absorb Rs 50000 crore from the market. Earlier, on July 29, RBI mopped up Rs 46058 crore through a three-day VRRR. The overnight weighted average call rate settled at 5.38% on Wednesday.
Forget low savings interest: This bank is giving you RBI’s repo rate as interest with no hidden clauses
Major banks have systematically lowered their FD rates and the interest rates on savings accounts following RBI's 1% repo rate cut since February.
ADB lowers India's FY26 growth forecast on trade, tariff concerns
The Asian Development Bank lowered India’s FY26 growth forecast to 6.5% from 6.7% due to US tariffs, global trade uncertainty, and reduced investment flows. Despite this, strong rural demand, services, and agriculture are expected to drive growth. The RBI has eased monetary policy, boosting liquidity, while the government’s fiscal position remains stable, with growth seen rebounding to 6.7% in FY27.
Canara Bank Q1 profit rises 22% to Rs 4,752 crore on treasury gains
Canara Bank reported a 22% YoY rise in Q1 FY26 net profit to ₹4,752 crore, driven by a 33% jump in non-interest income despite a 2% fall in net interest income. Treasury gains and fee income supported performance amid NIM pressure.
Small savings schemes: These post office savings accounts will be frozen after 3 years: Here is how to unfreeze your account
The Department of Posts has issued an order to make account freezing a regular exercise to be conducted twice a year to identify such accounts to ensure safety and security of hard-earned money of depositors.
ICICI Bank, SBI among top picks as banking sector prepares for earnings rebound; Motilal Oswal sees 12-15% upside
India’s banking sector is adapting to a low interest rate regime, with temporary NIM compression but improving liquidity, falling deposit costs, and resilient asset quality likely to drive margin recovery and earnings rebound from H2 FY26 onward.
FD rate falling: Seniors can still earn 8.2% interest with this post office scheme
The Senior Citizen Savings Scheme is risk-free and offers higher interest income and tax benefits under 80C, making it suitable especially for senior citizens seeking stable returns.
Stable Indian government bond yields push investors towards more attractive corporate debt
Indian mutual funds and insurance companies are shifting towards an accrual strategy to capitalise on higher corporate bond yields, as government bond yields are expected to remain largely stable, investors told Reuters on Wednesday.
Public Provident Fund: Has the interest rate for July-September 2025 been revised?
PPF offers tax benefits under Section 80C, with interest and maturity amounts being tax-free. Resident individuals can open a PPF account with a minimum deposit of Rs 500 and a maximum of Rs 1.5 lakh annually.
Can interest rate on PPF fall below 6.5% after repo rate cut of 1% this year?
PPF interest rate below 6.5%: The government will review the interest rate on PPF and other small savings schemes on June 30, 2025. If the PPF interest rate is cut by more than 0.10%, it will be below 7%. The last time this occurred was before August 1974. Read on to know what experts say about whether the PPF interest rate can fall below 6.5%.
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%.
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.
Bank of Baroda reduces home loan interest rates to 7.45%; offers nil processing fee
Bank of Baroda has further reduced its home loan interest rates to 7.45% per annum, waiving processing fees, following the RBI's repo rate cut. This reduction follows an earlier rate cut in June. Punjab National Bank's Repo Linked Lending Rate (RLLR) increased, but a decrease in Bank Spread balances the overall impact.
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.
SBI cuts lending rates after RBI repo rate revision: Check latest interest rates
Following the RBI's repo rate cut, SBI has reduced its key lending rates by up to 0.50%, effective June 15, 2025. The External Benchmark Rate (EBR) is lowered to 8.15%. Consequently, SBI home loan interest rates now range from 7.50% to 8.45% based on the borrower's CIBIL score.
LIC Housing Finance reduces interest rate in line with recent RBI repo rate cut
LIC Housing Finance lowers home loan interest rates by 50 basis points. New rates start at 7.50 percent from June 19, 2025. This decision coincides with the company's 36th Foundation Day. The move aims to boost home ownership. It aligns with RBI's policy to stimulate the economy. Tribhuwan Adhikari highlights commitment to affordable housing.
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.
These government schemes offer higher interest rate than SBI, HDFC, PNB and ICICI Bank
Banks have reduced fixed deposit rates. Government has kept small savings schemes rates unchanged for the September quarter of FY 2025-26. Comparing returns from small savings plans with fixed deposits is crucial.
Are PPF, NSC and other small savings schemes headed for historic low interest rates? Govt to decide next week
PPF, NSC interest rate: The government will review and announce the interest rate of Public Provident Fund, National Savings Certificate and other small savings schemes on June 30, 2025. The announced interest rate will be effective as of July 1, 2025. Will the government cut the interest rate on PPF, NSC and other post office savings schemes?
Has Govt cut PPF, NSC interest rate after RBI repo rate cut of 1%? Check the latest interest rate of post office schemes announced today
Latest PPF, NSC interest rates: The PPF, NSC, SCSS and other post office schemes interest rates have been announced for the second quarter of FY 2025-26, i.e., between July 1, 2025, and September 30, 2025. Check how much you will earn on your small savings investments going forward.
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.
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%.
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.
Slice SFB aiming to close FY26 in the black; not looking to raise any capital
The entity, which came out of a surprising merger between the fintech Slice and the North East SFB a few months ago, is adequately capitalised and not looking to raise any capital, its executive director Rajan Bajaj told PTI.
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.
Deposits grew faster than credit amid cautious economic activities
Deposit mobilisation by banks saw a rise of 10.4% year-on-year till June 13. This growth surpassed the credit expansion of 9.6%. Consequently, the credit-deposit ratio for banks declined. Fixed deposit mobilisation increased due to expectations of deposit rate cuts. Reserve Bank of India reduced the repo rate. Banks' credit grew 9.6% year-on-year as of June 13.
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.
Homebuyers gain as RBI’s repo cuts improve housing affordability in H1 2025
India's housing affordability improved in the first half of 2025 due to the RBI's repo rate cuts, enhancing EMI-to-income ratios in most major cities. Mumbai saw a significant affordability boost, dipping below the 50% threshold for the first time.
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.
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 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 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 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 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.
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 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 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.
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.
8.05% interest rate on RBI Floating Rate Savings Bond for July - December 2025: When will you get the next interest payment?
RBI Floating Rate Savings Bonds will continue offering 8.05% interest from July to December 2025. These bonds are linked to National Savings Certificate rates, offering 0.35% higher interest. Interest is paid semi-annually on January 1 and July 1, subject to tax and TDS if exceeding Rs 10,000 annually.
Home loan EMIs continue to fall: 7 banks cut home loan interest rates after RBI repo rate cut in June
Following the Reserve Bank of India's repo rate cut in June 2025, several major banks, including SBI, Union Bank, and Bank of Baroda, have reduced their lending rates. This move lowers home loan interest rates for borrowers with floating rate loans linked to the repo rate.
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.
SBI cuts FD rates across all tenures and savings account rate: Check latest interest rates from June 15, 2025
The move follows similar rate cuts by other major banks such as HDFC Bank and ICICI Bank in recent days, triggered by the Reserve Bank of India’s decision to reduce the repo rate by 50 basis points in its monetary policy meeting on June 6, 2025.
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.
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?
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 repo rate cut impacts 10-year G-sec, debt fund yield marginally
While interest rate cuts by the RBI hold the promise of lower EMIs and better debt fund returns, data shows that the benchmark bond yield does not always fall in tandem.
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.
RBI may signal policy normalisation on October 8, Standard Chartered says
The consensus view is that the RBI will leave interest rates unchanged at its Oct. 8 MPC meeting and only start to unwind its accommodative monetary policy by reducing the gap between the repo and reverse repo rates early next year.
RBI plans Rs 50,000-crore variable rate repo auction
While the RBI had conducted a five-day variable rate repo auction on March 24, the last time it had carried out a 14-day variable rate repo auction was on March 10. In a variable rate repo auction, banks borrow funds from the RBI.
RBI's repo rate hike may slacken housing demand recovery momentum
The cost of construction, which has already gone up since the last few months owing to the Russia-Ukraine war and now the financing cost for both homebuyers and developers is expected to impact the residential real estate sector, experts and industry observers said.
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.
FD investors have benefitted by only 31% of RBI repo rate hike
From January to November 2022, the RBI hiked the repo rate by 1.90%, whereas the weighted FD rate has been hiked by only 0.59%. This shows that only 31% of the 1.90% has been transmitted to the FD investor.
List of cheapest home loans: You can transfer loan balance
The principal and interest components of the EMI are designed so that in the early years of your loan, the interest component will be considerably bigger than the principal component, however in the later half of the loan, the principal component will be much larger.
Allahabad Bank to offer repo linked retail, small business loans from October
The decision has come in line with the Reserve Bank of India guidelines of September 4, 2019, Allahabad Bank said in a regulatory filing.
With RBI repo rate hike EMI to rise again; Why you may live longer in debt
Due to these rate hikes by the RBI, banks, NBFCs and housing finance companies have been raising their lending rates correspondingly, which in turn means that your EMI has gone up accordingly and with the recent repo rate hike, it will rise further.
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.
What do RBI’s monetary policy stances mean? How do they affect the economy
If you are confused by personal finance terms, jargon and calculations, here’s +a series to simplify and deconstruct these for you. In the 55th part of this series, Riju Mehta explains the meaning of stances adopted by the RBI’s monetary policy committee at its bi-monthly meet.
RBI repo rate unchanged. Where should you invest now?
A status-quo policy is not a great news for debt mutual fund investors, as debt funds gain the most when the rates go down.
Ex-FM Yashwant Sinha welcomes RBI repo rate cut
According to Sinha, the RBI should have ideally cut down the key policy rate by 50 basis points instead of that announced today.
RBI raises repo rate by 50 bps to 5.4%
The policy rate increase by the MPC comes as an attempt to curtail the inflationary pressures faced by citizens on the back of high food and fuel prices following supply disruptions due to Russia’s invasion of Ukraine. The increase also comes after the Indian rupee’s plunge to an all-time low in July that further bumped up imported inflation.
RBI’s repo rate hike likely to impact housing sales pace, deal closures may take longer
The moderation in the repo rate hike, however, augurs well for the real estate sector as its pace has slowed down and persistent home ownership sentiment continues to ride high.
RBI MPC Meeting Repo Rate: Das & Co likely to hold rates and lower GDP growth outlook
RBI MPC Repo Rate: The Reserve Bank of India’s Monetary Policy Committee (MPC) will announce its policy decisions on December 6, 2024, following a three-day meeting. While no immediate rate cut is expected, concerns over faltering economic growth and high inflation are growing. Analysts predict a policy shift, with potential rate cuts and additional liquidity measures in the future, amid tight liquidity and a weakening rupee.
These banks have increased home loan interest rates after RBI repo rate hike
In response to the RBI action, many banks, including Bank of Baroda, Bank of India, and Indian Overseas Bank, increased their lending interest rates.
RBI's 50 bps repo rate hike in line with D-Street estimates. What's next?
Prioritising inflation over growth, the RBI hiked repo rate, the rate at which the RBI lends short-term funds to banks, to 5.40 per cent from 4.90 per cent earlier. Analysts said the market was largely expecting 35-50 basis points rate hike. With this, the RBI has effectively raised rates by 180 basis points since April.
