Page 9 - Rbi Rate Cut

Monetary policy: RBI likely to hold rates for sixth time, shows BS poll

Focus on liquidity; few expect neutral stance

RBI continues battle against inflation; eyes on possible rate cut in 2024

For five consecutive policy reviews in 2023, the Reserve Bank of India (RBI) chose to hold rates, citing inflation threat. And when the prices did cool off a bit, it reminded all about the target to get the headline consumer price inflation at 4 per cent and the risks from food inflation. Heading into the new year, all eyes are on when RBI will cut the rates, especially after one of the Monetary Policy Committee (MPC) members stressed on the need for such an action in the face of the US Federal Reserve's guidance for easing rates. Also, some analysts point to the Consumer Price Inflation (CPI) falling below the 4 per cent mark in mid-2024 and then, there will be prospects of a rate cut. RBI Governor Shaktikanta Das, who is into the last year of his second three-year term at the helm of the central bank, has been steadfast in highlighting the need to get the inflation down to 4 per cent on a durable basis. CPI cooled off to a four-month low of 4.87 per cent in October but rose to 5.5

Debt mutual funds or FDs: What should you pick given RBI status quo?

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

RBI's norms on outsourcing IT services will improve corporate governance

Reserve Bank's regulation on outsourcing of IT services by banking sector entities is aimed at improving corporate governance and will protect the interest of consumers, say industry experts. The Reserve Bank of India (RBI) has recently come out with detailed norms for the outsourcing of IT services by banks, NBFCs and other regulated financial sector entities to ensure that such arrangements do not undermine their responsibilities and obligations to customers. These norms came in the backdrop of the current practice of regulated entities (REs) of extensively leveraging IT and IT-enabled services (ITeS) to support their business models and also the products and services being offered to customers. Commenting on the Master Direction issued by the RBI on 'Outsourcing of Information Technology Services', Monish G Chatrath, Managing Partner, MGC Global Risk Advisory LLP, said, "Strong corporate governance practices and comprehensive risk management frameworks are aspects that are ...

ESMA logjam: India, EU differences may impact trade between two countries

ESMA has this week said Indian clearing corporations will not be recognised as such in Europe because "no cooperation arrangements" could be signed between it and the Indian regulators

Stock market may see further corrections, volatility after RBI move

Money may move out of rate-sensitive stocks into the less-affected sectors

Will there be a rate hike in June?

That it's not far away is a reality, and the Indian central bank is not in denial mode. Despite the rate not being increased, formally, there couldn't have been a more hawkish policy last week

Markets to consolidate over the next three-six months: Sampath Reddy

Despite the multiple COVID waves, the earnings for FY22 have not seen any significant downgrades and are on-course to deliver about 25 per cent growth

RBI unlikely to hike rates till Aug, despite rising inflation: Report

Despite retail inflation rising to 6.01% in January, and likely to remain elevated till April, a foreign brokerage report expects RBI to leave key policy rates unchanged during the first half of 2022.

Festive season trends, Q2 GDP growth will set the stage for policy stance

We remain cautious that reviving demand could embolden pricing power, allowing a faster transmission of the supply-side pressures to core inflation

Analysts see RBI remain accommodative, hold rates in June 4 policy review

In April, the six-member monetary policy committee had voted unanimously for a status quo on the key rates

Risks beyond growth

RBI should not undermine the price and financial stability objectives

MPC to maintain accommodative stance at least in the next two reviews

The disconcertingly sharp new wave of Covid-19 cases has reignited uncertainty regarding the economic outlook in the immediate term

Economic recovery stronger than expected: RBI governor Shaktikanta Das

The RBI is scheduled to announce its monetary policy next week where it is expected to give its outlook on growth

The dark side of low interest rates

While the low interest rate policy may or may not help with investment, output and employment, it can aggravate, if not cause, financial instability

Lack of capital prevents banks from transferring rate cuts: RBI staff study

Markets do not view banks with low capital favourably and offer funds at a higher rate, says study done independently.

RBI policy review: New MPC may opt for interest rate pause, says BS poll

All 10 economists and bond traders polled by Business Standard expect the status quo to continue on rates.

No rate cut, all eyes on RBI's GDP projection

Lower inflation next year may open the space for rate cut, but for now the challenge is seeing through the government borrowing and keeping the bond yield low

Top Headlines: RBI puts rates on hold, FB lists India plan, and more

From RBI policy review, Facebook planning further expansion to Voda Idea reporting Q1 loss, here are the top news on Friday morning

RBI monetary policy: Rates on hold amid uneasiness on inflation

The committee highlighted that inflation risks emanate from supply chain disruptions, high vegetable prices, increased taxes on fuels, and volatility in financial markets