The Monetary Policy Committee under Shaktikanta Das, Mr Malhotra’s predecessor, had doggedly resisted the incessant clamour to cut rates in 11 consecutive meetings. Ahead of the February 5-7 meeting, ...
February 7 Sanjay Malhotra, the new RBI Governor, indicated a repo rate cut, and it kept the Standing Deposit Facility (SDF), the Marginal Standing Facility (MSF), and bank rates standing at 6.5 ...
With the RBI's recent repo rate cut, we may expect lower lending rates for retail loans such as home loans and vehicle loans. However, it usually takes some time for customers to see these ...
The Reserve Bank of India (RBI) may cut interest rates further by 50 basis points ... are the hallmarks of the newspaper. It is an independent newspaper in the real sense of the term.
who hiked rates 2.5 percentage points between May 2022 and February 2023 to battle inflation. The bank last cut them in May 2020. The RBI's decision comes less than a week after the government ...
Regarding RBI's gold purchases, she confirmed that the central bank is accumulating gold to maintain a balanced reserve portfolio. While the US dollar has been a dominant component of India's ...
Restraint and moderation, rather than agitational language and partisanship, are the hallmarks of the newspaper. It is an independent newspaper in the real sense of the term. The Tribune has two ...
From this month itself, it will be effective." When asked when banks would reduce their deposit rates following RBI's move, Setty said he expects most of the lenders to not immediately make any ...
India’s inflation eased to a five-month low in January, inching closer to the central bank’s target and bolstering hopes that the monetary authority will continue to lower interest rates in ...
Importantly, a study by the RBI had indicated that the ideal real interest rate for the economy should be 100-150 basis points. The Real Interest Rates data represents the interest rate (repo rate ...
Nithin Kamath, CEO of Zerodha, has raised concerns about fake apps mimicking financial institutions, urging RBI for stricter countermeasures. He praised RBI's new '.bank.in' domain but called for ...
As Reserve Bank of India (RBI) has cut down repo rate by 50 basis ... that banks would bring down the fixed deposit (FD) interest rates sooner than later. So, this could be your last chance ...