Page 1316 - Finance News

'Repo will return to being effective policy rate'

Excerpts of RBI Governor Raghuram Rajan's speech at his maiden monetary policy review

Rajan's mixed response suggests crisis not over

Partial rollback of July's tightening to normalise near-term rates but repo rate rise suggests risks persist

Markets take a hard knock

Swap window fetches $1.4 billion

Slated to fetch more inflows before facility closes on Nov 30

Inflation-wary Rajan skips Fed party

RBI chief surprises with 25-bp repo rate rise, but cuts cost of funds for banks via MSF rate reduction

FinMin tight-lipped on RBI's stance

Unclear if the ministry will walk alone to boost growth this time again; officials expect plummeting markets to recover soon

Rate-sensitive stocks crack on concerns over liquidity

BSE realty sector index declined the most at 6.5 per cent, followed by the banking, which fell 4.2 per cent

Comment: Samiran Chakraborty

A hawkish twist

Comment: Ravneet Gill

At unease with inflation

Exporters upset with RBI monetary policy

Say repo rate hike a surprise, not including exports under priority sector lending will affect growth of shipments

RBI's rate hike action results in bond yields rise sharply

Yield on 10-year government bond 7.16% 2023 ended at 8.58% compred with 8.19% Thursday

Short-term rates ease; firms to shift to commercial papers

In July the MSF rate was raised from 8.25 per cent to 10.25 per cent to arrest the volatility in the rupee

No steam for growth engine: India Inc

Chief executives warn the coming festival season will be a washout, specially for realty, consumer durables & auto companies

Bankers welcome Rajan's measures

Country's largest lender State Bank of India, however, struck a different note, saying 'lending rates can go up'

IOB gets board nod for Rs 2,100-cr capital infusion from govt

The bank's board also gives nod to increase in shortfall for tier -1 capital

RBI rate hike a double whammy, to hit growth, says industry

Governor Raghuram Rajan today unexpectedly raised the policy rate, keeping its focus on controlling inflation

RBI steps to push long-term yields up; ease short-end curve: MFs

Long-term bond yields are at attractive levels to encourage FII debt flow depending on the stability of the rupee

Rajan tracking rupee 'minute-by-minute'; says its not stable yet

Since Sept 4 rupee gained a whopping 8% till yesterday. Today it closed at 62.23 versus dollar

RBI's rate hike action weakens rupee, bond yields rise

rupee wiped off yesterday's gains which was led by US Fed's decision against reducing its massive monetary stimulus

Monetary policy impact

Short term rates ease; Corporate shift to CPs from bank loan