Home loan borrowes should continue with floating interest rate loans
Action is part of central bank's efforts to reduce surplus liquidity, it says after monetary policy announcement
The upward revision in RBI's inflation projection, analysts suggest, implies that the central bank is likely to keep the rates elevated for a longer period of time than what the Street expected.
At 11:01 AM, Nifty Bank and Nifty Financial Services index were down 0.65 per cent as compared to 0.50 per cent decline in the Nifty 50 index
Stocks to watch on August 10, 2023: Shares of rate sensitive sectors, such as auto, banks and real-estate will be in focus on Thursday as RBI announces its policy decision.
Post Q1 results, major banking stocks have lost the upside bias. Most stocks are facing hurdles at upper levels.
This arrangement for investment has not really picked up in terms of surplus money in the vostro accounts being invested in g-secs, he added
Before it is too late, the RBI should come down on practice of renting out the P2P licence and some of them playing fund managers instead of offering a meeting platform to borrowers and the lenders
The 0.25 per cent hike in interest rates by the US Fed was on expected lines, analysts said on Thursday, expecting its Indian counterpart to take a balanced view in its policy formation going forward
CPI inflation can be perceived as an aberration
Capital account convertibility is not a pre-condition for internationalisation of rupee
Share of SMA loans relatively high at 7.4%: FSR
Working with industry, quickly building internal systems to facilitate LRS reporting, says lender
Auction for Govt of India T-bills, earlier set for June 29, will now be held on June 28, with settlement taking place on June 30
CBDC going to be future of money: RBI guv
Settlement framework provides another option
Around 85% of the Rs 2000 notes are deposited in the bank accounts and not exchanged for smaller denominations. Thus, bank deposits are likely to increase by atleast Rs 2 lakh crore
With RBI keeping the key repo rates unchanged at 6.50 per cent, investors with surplus funds are looking to park their money. We decode whether they should stick to FDs or stick to debt funds
The NSE Nifty declined 91.85 points or 0.49 per cent to end at 18,634.55
RBI is rightly focused on the inflation target