Fri, Dec 08, 2023
How good is RBI monetary policy from market point of view? Will investor confidence increase? Watch Anil Singhvi's exclusive conversation with Gurmeet Chaddha, CIO & Managing Partner, Complete Circle Wealth.
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What is the message for banks in RBI policy? When will interest rates start falling? Watch the special conversation of IBA Chief Executive Sunil Mehta with Anil Singhvi on RBI policy.
What was the special thing about RBI Policy? What will be the impact of this policy on the economy? Watch Anil Singhvi's special conversation with Atul Joshi, Founder and CEO of Oyster Capital on RBI Policy.
Thu, Feb 07, 2019
The announcement will come as a big boost for the PM Narendra Modi led NDA government, which had long been asking for the RBI to cut the repo rate.
What RBI has done is that, now banks will give you interest rate for deposits made below Rs 2 crore and not Rs 1 crore as was applicable earlier.
More liquidity may have its positive impact on bond, equity, residential realty, banking but can affect the inflation and rupee in the international markets.
RBI’s decision to slash the Repo Rate by 25 basis point to 6.25 per cent is a welcome and unexpectedly positive move, given the sops that the recent expansionary budget gave to farmers at an additional cost of Rs 75,000 crore per annum.
The rupee kicked off today’s trading session by depreciating 20 paisa to 71.76 against the dollar. In past two days, the rupee has been trading cautiously ahead of RBI’s policy.
The impact of policy cut was witnessed in banking stocks, as investors boosted the S&P BSE Bankex by a whopping 245 points with intraday high of 30,949.07 within few minutes of announcement.
RBI has now kept inflation target downward to 2.8% in Q4:2018-19, 3.2-3.4% in H1:2019-20 and 3.9% in Q3:2019-20, with risks broadly balanced around the central trajectory.
Experts say RBI Repo Rate cut move would help equity and bond market to further go northward, though it is already at its peak if compared to the major emergind economies.
The Reserve Bank of India's (RBI) Monetary Policy Committee decided to reduce the policy repo rate under the liquidity adjustment facility (LAF) by 25 basis points from 6.5 per cent to 6.25 per cent with immediate effect on Thursday morning.
The Reserve Bank of India (RBI) on Thursday announced the sixth bi-monthly monetary policy statement for 2018-19. The three-day policy review meeting by the Monetary Policy Committee (MPC) began in Mumbai on Tuesday.
RBI Rate Now: Many believed a status quo in this RBI monetary policy for a host of reason including core inflation, fiscal slippages, etc.
Wed, Feb 06, 2019
Even as a common man one should look out for RBI’s decision on policy repo rate, because for your information either the interest rate is unchanged or increased or decreased they do play a role in your goods and services.
Mon, Dec 10, 2018
If the consensus is realised, the November data will not only mark inflation below the RBI`s medium-term target of 4 percent for a fourth straight month but also be the first time since July 2017 it was below 3 percent.
Wed, Dec 05, 2018
RBI Monetary Policy: This means there will be no more MCLR, Base rate, prime lending rate and BPLR. In fact, bank will now have no opportunity to change interest rate of old borrowers, while hiking the lending rates in near-term future.
RBI has ordered a Board of Management (BoM) to be constituted in every Primary (Urban) Co-operative Bank (UCB).
RBI had stated several times, that banks are not passing the benefits of reductions in RBI policy repo rate to borrowers.
As expected the Reserve Bank of India today decided to keep policy repo rate unchanged at 6.50%.
The Reserve Bank of India (RBI) today left the repo rate unchanged at 6.5 per cent, while maintaining the stance of 'calibrated tightening' of policy. This is the second time in a row that the central bank did not tinker with the interest rates.
Interestingly, it was banking stocks which emerged as top losers on Nifty.
After dropping by over 300 points within few minutes of RBI policy announcement, the Sensex was trading at 35,880.51 down by 254 points or 0.70%, whereas the Nifty was trading at 10,773.95 below 95.55 points or 0.88% at around 1442 hours.
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