Further price cuts, higher advertising costs to weigh on margins
Shares of cement companies have delivered impressive returns. But they are now announcing rate cuts, especially in the Delhi-NCR region. Will this halt the rally in cement shares? Let's find out
The RBI had revised norms last year to bring clarity in risk sharing and credit underwriting in co-lending tie-ups
The rate of interest on PPF has declined from 7.1 per cent earlier to 6.4 per cent now
The apex bank would still like to drain out some liquidity while managing yields through OMO or operation twist, to fend off inflation, especially when rate hikes seem distant
We think the MPC could express its willingness to maintain the accommodative monetary stance at least till H1FY22, which should help sentiments
He says, the rate cycle seems to have bottomed out but RBI may not change its accommodative stance anytime soon
Inflation is being driven by supply-side problems and is likely to stay elevated for a while, Mridul Saggar said
With inflation above 7% in Oct for a second straight month, well above RBI's medium term target of 4%, views that India is near the end of the current rate cutting cycle have become more pronounced
The reconstituted MPC, which met from October 7 to 9, had decided to keep the benchmark lending rates unchanged in view of the hardening of retail inflation
August marked the 19th straight month of net cuts - the longest easing cycle for emerging market central banks since 2013
RBI is at the end of its rate cut cycle as inflation is unlikely to decline materially from the current level, and onus of economic recovery has now shifted to the government, economists at SBI said
Experts don't rule out RBI intervention to keep yields in check
The revised one-year MCLR stands at 7.40 per cent as against 7.50 per cent earlier, the bank said
The RBI since February 2019 has slashed the benchmark lending rate by 250 basis points (bps). Of this, 115 bps cut has taken place this year
For RBI Governor Shaktikanta Das, this is probably the toughest monetary policy. The message it sends out is more important than the action
The RBI has already cut rates by 1.15 per cent in two moves since the onset of the Covid-19 pandemic in March
Nomura said the June quarter will be the 'nadir' from a growth perspective and the economy will contract by 15.2 per cent
Rathin Roy expresses concern on the collateral free lending scheme as not making the cut from a regulations perspective.
Post the reduction, MCLR across tenors ranges from 6.85 per cent to 7.40 per cent