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| | Banks to raise rates, lower growth targets | 30-JUL-08 |
| | Banks appear set to increase lending rates by around 50 basis points. But deposits rates may go up by a smaller magnitude.
The asset-liability committees (Alco) have already got into the act with | |
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| | RBI rate hikes to hit realty firms hard | 30-JUL-08 |
| | Real estate companies see their cost of borrowing going up by one percentage point as the central bank has increased the repo rate by 0.5 per cent and cash reserve ratio by 0.25 per cent.
The rate | |
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| | Editorial: Overkill? | 30-JUL-08 |
| | While the Reserve Bank of India (RBI) had set the stage for a firm anti-inflationary stance in its quarterly macro-economic review released on Monday, yesterday’s repo rate and cash reserve | |
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| | Retail loan rates come a full circle | 30-JUL-08 |
| | 1998: HDFC’s fixed home loan (the concept of floating rate was introduced in 1999) rates were 13-17 per cent for houses costing less than Rs 10 lakh. Above that, the rates were over 18 per cent. | |
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| | Rate tremors rock markets | 30-JUL-08 |
| | Sensex plunges by 557 points; banking, realty & auto indices worst hit .
The banking sector stocks were the worst hit on Tuesday even as the the BSE Sensex, the Bombay Stock Exchange’s | |
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| | MONETARY POLICY REVIEW: In 2 minutes | 30-JUL-08 |
| | MEASURES ANNOUNCED
Repo Rate increased by 50 bps from 8.5 per cent to 9 per cent
CRR to be hiked by 25 bps to 9 per cent with effect from August 30, 2008
Bank Rate kept unchanged at 6 | |
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| | Mission: Affordable dal-chawal | 30-JUL-08 |
| | After surprising banks and companies with further monetary tightening, Y V Reddy explains why he is putting inflation before growth. Excerpts:
How do you see the inflation curve moving over the | |
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| | Money just got more expensive | 30-JUL-08 |
| | Companies may go slow on expansion.
The Reserve Bank of India’s (RBI) move to raise CRR and repo rates and lock up more cash available with banks, may dent Corporate India’s profits and | |
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| | G-sec yields surge to 9.55% | 30-JUL-08 |
| | The price of the ten-year benchmark paper 8.24 per cent 2018 fell by around Rs 3 from an opening of Rs 94.80 to the day’s low of Rs 91.87, while the yield rose to a high of 9.55 per cent after | |
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| | Rupee drops on RBI move | 30-JUL-08 |
| | The foreign exchange market was highly volatile on Tuesday as banks bought dollars early in the day on behalf of oil companies. However, banks panicked and began selling the greenback to mop up rupee | |
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| | Inflation vaccine from Dr Reddy | 30-JUL-08 |
| | Interest rates may increase 50 basis points, hit corporate expansion and retail loans.
The Reserve Bank of India (RBI) today announced fresh monetary tightening measures that are set to raise | |
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| | PSU banks tweak deposit rates, quietly | 06-MAY-08 |
| | At least two public sector banks ' Union Bank of India and Indian Overseas Bank (IOB) ' have quietly increased interest rates on short-term deposits to raise resources and manage asset-liability mismatch. | |
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| | Editorial: Balancing act | 30-APR-08 |
| | The annual announcement of monetary and credit policy by the Reserve Bank of India (RBI) has come amidst a rather complicated macro-economic situation. | |
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