Page 13 - Repo Rate

Monetary policy review: RBI set to cut rate. Question is by how much?

The policy decision will be announced at 11:45 a.m. in Mumbai, followed by a press conference 15 minutes later by Das

Monetary policy review: Another rate cut may not help Indian economy

The larger problem here is that government finances are already in a hole; that would be a problem even if the tax cut were the best-designed in history

RBI panel suggests longer-term repo operations to manage liquidity

The RBI had set up the internal working group to review the current liquidity management framework with a view to simplify it and suggest measures to clearly communicate the objectives

FM to discuss external benchmarking of loans, MSME credit with pvt bankers

Finance Minister Nirmala Sitharaman is expected to hold a press conference at around 7 pm today

SBI to use repo rate as benchmark to price MSME, retail loans from Oct 1

Also, link pricing credit to Medium units to the repo rate

Repo rate to be external benchmark for floating rate loans from Oct 1: SBI

The bank has also extended the external benchmark-based lending to medium enterprises, to boost lending to the MSME sector as a whole

Repo crisis becomes machiavellian opportunity for some investors

US money-market interest rates surged Tuesday as cash reserves in the banking system remained out of balance with the volume of securities on dealer balance sheets

RBI unlikely to extend October 1 deadline for repo-linked loans

The RBI is of the opinion that banks already have enough flexibility to introduce a repo-linked loan product

RBI plans to structure loan rates of NBFCs, housing finance companies

Unlike banks, HFCs and NBFCs do not have any 'anchor rate' or a uniform interest rate-determining structure

US Fed Reserve is having a repo problem. But why and who is to be blame?

The repo market underpins much of the US financial system, helping to ensure banks have the liquidity to meet their daily operational needs and maintain sufficient reserves

Repo-link effect: Banks likely to raise risk spread, say analysts

Private sector bankers have earlier warned that repo is inherently a volatile rate, but linking the lending rates to the short-term treasury bills would be even more volatile

Indian Bank adopts repo rate as external benchmark for asset products

Under the new regime, home loans can be had at 8.2% a year, while four-wheeler loans will carry 8.85%, which the lender says is the lowest in the market

Linking lending and repo rates may eat into bank's profitability

Current situation may not allow banks to significantly tinker with deposit rates making it tough to fully pass on the fall in repo rate

Cheaper loans: Bank of Maharashtra to link retail loans with repo rate

Through linking of repo rate to retail loans, the bank is passing interest rate benefits directly to the customers and it will make the retail loans cheaper, it said

Minutes of MPC meeting: Fixing weak economic growth remains top priority

What is telling is that large swings in the Indian business cycle are still not a thing of the past, despite the adoption of inflation targeting in India

Letter to BS: Banking scenario with deposit erosions will impact liquidity

Unlike public sector banks, private banks adopt a less flexible approach for market survival, as there is no infusion of capital by the government

Link bulk deposits to repo for better transmission of interest rates: SBI

Reserve Bank of India Governor Shaktikanta Das has stressed the need for the entire banking system to link their loans and deposits pricing to the repo rate prescribed by the central bank

Top 10 biz headlines: Firms may get tax relief, fresh DHFL default & more

From DTC task force recommending slashing of corporate tax to 25% for domestic and foreign firms to DHFL defaulting on financial repayment obligations, here are the top business headlines for Tuesday

Time to formally link rates to repo, says RBI Governor Shaktikanta Das

Shaktikanta Das likely to initiate required steps in coming weeks

After SBI, RBI Guv says all banks should link loans, deposits to repo rate

Calling for radical corporate governance reforms at state-run banks, Das said their real test would be their ability to access capital from the markets rather than depending on the govt