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Thursday, December 19, 2024 | 04:20 PM ISTEN Hindi

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Repo Rate

Make part-prepayments to cut home loan tenor, but don't use retirement fund

Another option is to switch to another lender who is willing to refinance at a lower rate

Make part-prepayments to cut home loan tenor, but don't use retirement fund
Updated On : 29 Aug 2023 | 3:43 PM IST

It's just a pause, not a pivot, says Shaktikanta Das on RBI's status quo

Lowers inflation forecast, ups growth projection; bond prices, Rate sensitive stocks rally

It's just a pause, not a pivot, says Shaktikanta Das on RBI's status quo
Updated On : 06 Apr 2023 | 11:58 PM IST

Reserve Bank of India goes for a hawkish pause

The RBI has paused because it wants to evaluate the cumulative impact of the past rate hikes

Reserve Bank of India goes for a hawkish pause
Updated On : 06 Apr 2023 | 10:51 PM IST

Industry associations welcome RBI decision to pause interest rates

After six consecutive hikes aggregating 250 bps, RBI hits a pause

Industry associations welcome RBI decision to pause interest rates
Updated On : 06 Apr 2023 | 8:00 PM IST

Sensex up 144pts, Nifty nears 17,600 as RBI pauses hike; realty stocks jump

CLOSING BELL: Shaktikanta Das said the move was only "a pause and not a pivot"

Sensex up 144pts, Nifty nears 17,600 as RBI pauses hike; realty stocks jump
Updated On : 06 Apr 2023 | 4:18 PM IST

Rupee falls below 82 against US dollar after RBI hits pause on rate hikes

The rupee declined to an intraday low of at 82.06 per U.S. dollar versus 81.88 before the RBI policy announcement

Rupee falls below 82 against US dollar after RBI hits pause on rate hikes
Updated On : 06 Apr 2023 | 1:38 PM IST

This is a pause, not a pivot, says RBI guv on surprise hold in key rates

Reserve Bank Governor Shaktikanta Das on Thursday made it clear that the decision to hold rates should be seen as a pause, and not as a pivot. The rate-setting Monetary Policy Committee (MPC) will act on the rates as and when necessary, Das said. "If I have to characterise today's monetary policy in just one line...it's a pause, not a pivot," Das told reporters in the customary interaction with reporters after the announcement of the policy review. Earlier in the day, the six-member MPC voted unanimously to keep the repurchase or repo rate unchanged at 6.50 per cent, surprising analysts who were expecting the central bank to make a final 25 basis points hike before opting to pause. Das said RBI is keen to assess the cumulative impact of the rate actions done till now. There has been a cumulative hike of 250 basis points since May 2022. Deputy Governor Michael Patra said RBI has marginally upped its FY24 growth estimate to 6.5 per cent primarily on assumption of a decline in the ..

This is a pause, not a pivot, says RBI guv on surprise hold in key rates
Updated On : 06 Apr 2023 | 1:36 PM IST

MPC lowers projection for inflation, raises growth outlook a bit in FY24

Volatility in global financial market has potential upsides for imported inflation, says committee

MPC lowers projection for inflation, raises growth outlook a bit in FY24
Updated On : 06 Apr 2023 | 12:42 PM IST

As RBI keeps repo rate unchanged, here's a timeline of it since June 2000

The standing deposit facility rate and the marginal standing facility rate also remained unchanged

As RBI keeps repo rate unchanged, here's a timeline of it since June 2000
Updated On : 06 Apr 2023 | 12:03 PM IST

No change: MPC presses 'pause' after hiking rate by 250 bps since May 2022

RBI governor makes it clear that if required, MPC could hike rates in future meetings

No change: MPC presses 'pause' after hiking rate by 250 bps since May 2022
Updated On : 06 Apr 2023 | 11:54 AM IST

RBI monetary policy: MPC votes for pause, keeps repo rate unchanged at 6.5%

RBI repo rate: The MPC decision to hit the pause is for this policy cycle only, says RBI governor Shaktikanta Das

RBI monetary policy: MPC votes for pause, keeps repo rate unchanged at 6.5%
Updated On : 06 Apr 2023 | 10:39 AM IST

RBI repo rate decision: When and where to watch speech of governor Das

RBI Monetary Policy decision: The speech can be watched on RBI's YouTube channel. It will be broadcast on PIB's YouTube channel as well

RBI repo rate decision: When and where to watch speech of governor Das
Updated On : 06 Apr 2023 | 9:46 AM IST

Realtors worried about likelihood of another repo rate hike by RBI

Borrowing costs for both developers and homebuyers will rise, leading to higher housing prices on the one hand, and diminished demand from buyers on the other

Realtors worried about likelihood of another repo rate hike by RBI
Updated On : 05 Apr 2023 | 11:56 PM IST

Private banks slower than public sector banks in raising interest rates

The hike in lending rates of all scheduled commercial banks on outstanding loans since May 2022 has been only 95 bps

Private banks slower than public sector banks in raising interest rates
Updated On : 05 Apr 2023 | 10:34 AM IST

Unfinished battle

RBI will need to do more to contain inflation

Unfinished battle
Updated On : 03 Apr 2023 | 9:05 PM IST
Updated On : 03 Apr 2023 | 1:12 PM IST

Credai urges RBI not to hike repo rates, rise may hit housing sales

Realtors' apex body Credai on Thursday requested the RBI not to increase the repo rate in the upcoming monetary policy as this would raise the borrowing cost of builders and customers, impacting housing sales. With retail inflation remaining above the comfort level of 6 per cent and most global peers, including the US Fed, continuing their hawkish stance, industry experts feel the Reserve Bank of India may go in for a 25 basis points hike in the bi-monthly monetary policy to be announced on April 6. Confederation of Real Estate Developers' Association of India (Credai), having more than 13,000 developers as members, has "urged the RBI to not to increase the repo rate any further, citing the financial challenges faced by developers and the potential impact on housing sales due to the consequential rise in prices and home loan rates". In the last one year, the body said, the repo rate has increased from 4 to 6.5 per cent and another hike would lead to even higher borrowing costs for .

Credai urges RBI not to hike repo rates, rise may hit housing sales
Updated On : 30 Mar 2023 | 4:49 PM IST

MPC should raise rates by 25 bps next week: Economists tell RBI

Current dynamics warrant hike, but central bank should keep liquidity stance flexible

MPC should raise rates by 25 bps next week: Economists tell RBI
Updated On : 29 Mar 2023 | 12:21 AM IST

Central bank may pause repo rate hike next month, finds SBI Report

RBI is likely to apply the pause button on continuous hikes in repo rates during next week's meeting of its monetary policy committee (MPC), says a report by the SBI research wing

Central bank may pause repo rate hike next month, finds SBI Report
Updated On : 27 Mar 2023 | 7:18 PM IST

RBI to hold five-day variable rate repo auction worth Rs 75k cr on March 24

The RBI conducts repo operations in order to infuse liquidity into the banking system

RBI to hold five-day variable rate repo auction worth Rs 75k cr on March 24
Updated On : 23 Mar 2023 | 11:27 PM IST