Page 24 - Rbi Policy

RBI policy: Prelude to future rate cuts? Inflation numbers hold the key

The policy remains open-ended on the future possibility of rate cut, which sounds reasonable given that the future course of inflation is hard to gauge

Auto, Bank, Realty: Trading strategies in rate sensitive post RBI policy

The Nifty Bank, Nifty PSU Bank indices are likely to extend the pullback in the near-term; Auto index too seems favourably placed, while the Realty index remains on weak ground, shows technical charts

RBI holds repo rate: Home loan borrowers face longer wait for EMI relief

"If inflation stays under control, a rate cut could come," said the CEO of Bankbazaar.com, Adhil Shetty, regarding the RBI's monetary policy decision

RBI moves closer to interest rate cut after global easing kicks off

Since last rate decision, official data showed economic growth moderated to 6.7 per cent in the April-June quarter, below the RBI's projection of 7.1 per cent, while signs show soft urban consumption

RBI instructs banks to stop making aggressive bets against rupee: Report

The central bank steps in occasionally to support the rupee via moral suasion and had last done something similar in early August

Pivot points to track on 5 private, PSU bank stocks ahead of RBI policy

SBI, Bank of India, ICICI Bank, HDFC Bank and PSB are seen trading at their respective make-or-break points post the recent stock market fall. Here are the key levels to watch out for.

Share Market Today: RBI MPC meet, Q2 earnings, Middle East war, Oil, FIIs

At 6:40 AM, GIFT Nifty futures were trading 89 points higher at 25,262 levels, suggesting a robust opening for the markets.

Status-quo on rates likely, say experts ahead of RBI's policy review

The Reserve Bank is unlikely to cut the benchmark interest rate in its forthcoming bi-monthly monetary policy review later in the week as retail inflation is still a cause of concern, and there is a possibility of the Middle East crisis deteriorating further, impacting crude oil and commodity prices, say experts. Earlier this month, the government reconstituted the Reserve Bank's rate-setting panel -- Monetary Policy Committee (MPC). The reconstituted panel, with three newly appointed external members, will commence its maiden meeting on Monday. MPC Chairman RBI Governor Shaktikanta Das will reveal the outcome of the three-day discussion on Wednesday (October 9). The Reserve Bank of India (RBI) has kept the repo or short-term lending rate unchanged at 6.5 per cent since February 2023, and experts think some easing could only be possible in December. The government has tasked the central bank to ensure that Consumer Price Index (CPI) based retail inflation remains at 4 per cent with

RBI to infuse Rs 25K cr via VRR as liquidity turns deficit after two months

Market participants said the banking regulator may conduct more VRR auctions to infuse liquidity if the weighted average overnight money market rates do not align with the repo rate

RBI's push for deposit growth: Examining the real issues facing banks

Some analysts contend that the deposit problem is entirely imaginary, but slow retail deposit growth and shifts in savings trends reveal valid concerns for banks' lending capacity

Markets have started to price in a higher recession probability: Anurag Mittal, UTI MF

Mittal expects the RBI to cut rates up to 75 bps in the next 6-12 months. Given the sticky domestic inflation, he sees BOJ gradually tighten the monetary policy

Cautious monetary policy needed if food inflation persists: RBI paper

Untenable to treat food price fluctuations 'transitory' in monetary policy settings: Report

From Canara Bank to HDFC Bank, banks up the ante on deposit drive

Private sector lender Bandhan Bank on the other hand, decided to up their rate substantially over others. On Tuesday, it announced a new bucket of 1 year 9 months at an attractive interest rate of 8%

Need enabling framework to help cos issue ESG bonds locally: RBI official

There is a need to create an "enabling framework" to help Indian companies issue environmental, social and governance (ESG) bonds locally, a senior RBI official said on Friday. Underlining that capital markets regulator Sebi which looks after the regulations for the bond markets has done significant work, Dimple Bhandia, the chief general manager in RBI, also rued that the development in the repo for corporate bonds has not been satisfactory. "...we find that lot of our companies are going overseas and issuing ESG bonds. This is an area where we need to look at an enabling framework," Bhandia said, speaking at an event organized by industry lobby grouping Assocham here. Another disappointment has been the "non-starter" credit derivatives market, she said, recalling that very limited number of trades have taken place in it. She, however, said that the overall secondary market activity in corporate bonds is not as bad as one would think. Bhandia said even though its base is lower,

RBI to set up public repository of digital lending apps to help customers

It will help people find out of a digital lender has a relationship with a bank or NBFC

RBI MPC highlights: Deposit-credit divergence could lead to liquidity management issue, says Das

RBI Monetary Policy Meeting 2024: Catch all the latest highlights on RBI's monetary policy announcements here

Fake lending apps: How RBI plans to end this menace with a repository

To tackle the issue of fake lending apps, RBI on Thursday proposed creating a public repository of digital lending apps

RBI to set up repository of lending apps to check unauthorised players

The Reserve Bank on Thursday proposed to create a public repository of digital lending apps in a bid to address the problems arising from mushrooming unauthorised players in the segment. In another significant move, the central bank proposed to introduce a facility of "Delegated Payments" in UPI to enable an individual to allow another individual to make UPI transactions. In a post-monetary policy review address, RBI Governor Shaktikanta Das said the central bank has taken several measures for the orderly development of the digital lending ecosystem in India. In a bid to address the problems arising from unauthorised digital lending apps (DLAs), he said the RBI proposes to create a public repository of DLAs deployed by its regulated entities. "The regulated entities (REs) will report and update information about their DLAs in this repository. This measure will help the consumers to identify the unauthorised lending apps," Das said. On introduction of 'Delegated Payments' through U

Explained: RBI focus on food inflation, what MPC policy means for markets?

Why stock market, Sensex, Nifty fell after RBI policy: RBI governor Shaktikanta Das emphasised on food inflation and said food prices have remained elevated for too long

Alternative investments becoming more attractive to retail customers: RBI

Alternative investment avenues are becoming more attractive to retail customers, the Reserve Bank of India (RBI) said while unveiling the monetary policy on Thursday, August 08