Page 11 - Rate Cuts

RBI at end of rate cut cycle, govt must play role for revival: Economists

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

Long-duration fund rally may halt as yields harden on rate-cut pause

Experts don't rule out RBI intervention to keep yields in check

UCO Bank reduces MCLR by 10 bps across tenors, effective August 10

The revised one-year MCLR stands at 7.40 per cent as against 7.50 per cent earlier, the bank said

Easy liquidity led to faster money transmission, helped private sector: RBI

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

Rate cut unlikely but a dovish policy on the cards

For RBI Governor Shaktikanta Das, this is probably the toughest monetary policy. The message it sends out is more important than the action

RBI likely to cut repo rate by 0.25% at next week's review: Crisil

The RBI has already cut rates by 1.15 per cent in two moves since the onset of the Covid-19 pandemic in March

Covid-19 impact: India's GDP to contract 6.1% in FY21, says Nomura

Nomura said the June quarter will be the 'nadir' from a growth perspective and the economy will contract by 15.2 per cent

Assumption of rate cut delivering growth simply not working: Rathin Roy

Rathin Roy expresses concern on the collateral free lending scheme as not making the cut from a regulations perspective.

Union Bank of India reduces MCLR by 20 bps across tenors effective July 11

Post the reduction, MCLR across tenors ranges from 6.85 per cent to 7.40 per cent

Bank deposits grow at 11.3% but credit growth moderates, shows data

Banks have also lowered their lending rates following the cut in the benchmark rates by the Reserve Bank of India (RBI).

Rate-sensitive sectors on a strong run since RBI's 40 bps repo rate cut

The move brought the repo rate to 4 per cent, which is the lowest since 2000

Banks not passing rate cut benefits to borrowers, developers: CREDAI to RBI

RBI has directed the banks to link floating rates on housing loans to external benchmarks

A quick look at RBI's measures to arrest Covid-19 slowdown

The RBI has reduced the repo rate by 75 basis points (bps) to 4.4 per cent, and the reverse repo rate by 90 bps which now stands at 4 per cent

Experts peg India's Covid-19 lockdown cost at $120 bn, call for relief plan

Domestic brokerage Emkay congratulated policymakers for acting earlier than other countries, but rued that there is not much to cushion the economic impact

FinMin may cut interest rates on small savings schemes for April-June qtr

The govt last cut the small savings rates for the July-September 2019 quarter, except for one scheme

Trump calls US Fed 'slow moving' and 'pathetic', demands further rate cut

Most investors expect the Fed to cut the benchmark borrowing rate again at the March 17-18 policy meeting to stem the economic uncertainty

Bullion, base metals, crude oil jump on US Fed's surprise interest rate cut

Gold and silver rise sharply on safe-haven appeal in a global economy prone to more downside risk

Wall Street losses deepen after Fed emergency rate cut over Coronavirus

It was the Federal Reserve's first emergency rate cut since the 2008 financial crisis, underscoring how grave the central bank views the fast-evolving situation

Policy challenges with 5 per cent growth

Since the scope of supporting growth through fiscal and monetary policy is fairly limited, economic revival will ultimately depend on policy reforms

Letter to BS: Structural reforms hold the key to achieve economic goals

The demand for credit and the credit absorption capacity of the various segments are critical to boosting the supply of credit