Page 17 - Rbi Repo Rate

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

TMS EP451: RBI repo rate pause, PSU banks, markets, Nvidia GPUs

Will today's pause by RBI lead to a pivot? Why are public sector banks under pressure? Markets factoring in most positives; what's next? Why are Nvidia GPUs so important? All answers here

MPC meeting: Continued pause on policy rate to push growth, says industry

The MPC voted 5 members to 1 to remain focused on the withdrawal of accommodation

RBI monetary policy review: Focus back on primary target; inflation at 4%

The six-member monetary policy committee unanimously decided to keep the policy repo rate at 6.5 per cent

Sensex sinks 294 pts as RBI keeps repo rate unchanged, Nifty nears 18,600

Stock market live updates: Ahead of the Reserve Bank of India's (RBI) monetary policy outcome, the SGX Nifty, on Thursday indicated a flat start to the bourses, quoting 18,823 levels

RBI MPC LIVE updates: Roughly 50% of Rs 2000 notes have come back, says Das

RBI MPC Policy LIVE: Catch live updates from RBI's monetary policy announcement here

RBI monetary policy: Repo rate unchanged, what do experts say about it?

RBI repo rate: RBI governor Shaktikanta Das said that the MPC decided unanimously to keep the benchmark rate unchanged at 6.5 per cent

Rupay forex cards to your fixed deposits: How today's RBI policy impacts us

In order to expand payment options for Indians travelling abroad, the Reserve Bank of India governor decided to allow issuance of RuPay Prepaid Forex cards by banks in India for use at ATMs

50% of Rs 2,000 notes returned to banks since announcement: RBI Guv Das

RBI governor Shaktikanta Das added that out of all the notes that have been coming back, 85 per cent have come back in the form of bank deposits

From Rs 700 to Rs 32,000: Know the annual bank locker charges across India

When a customer approaches Branch for locker, as per extant guidelines, KYC formalities are required to be adhered.

Explained: Repo rate unchanged at 6.5%, worst over for home loan borrowers

The lowest rates being offered in the home loan market today are in the 8.40 to 8.50 for eligible borrowers.

Repo rate unchanged at 6.%: Full list of banks offering highest FD rates

Following is a list of public and private banks and the highest Fixed Deposit interest rates they are offering

RBI expected to pause again with markets watching for shift in stance

India's latest quarterly growth figures exceeded estimates last week, bringing about an expansion of 7.2% for the last fiscal year

RBI's MPC starts deliberations on policy rate, decision on Thursday

The Reserve Bank's rate-setting monetary policy panel began deliberations on Tuesday amid expectations that the central bank will keep the benchmark interest rates unchanged at 6.5 per cent on the back of easing retail inflation and the need to push economic growth. Headed by Reserve Bank Governor Shaktikanta Das, the six-member Monetary Policy Committee (MPC) will meet for three days and the decision would be announced on Thursday, June 8. After the last MPC meeting in April, the RBI paused its rate hike cycle and stayed with the 6.5 per cent repo rate. Prior to that the central bank had cumulatively hiked the repo rate by 250 basis points since May 2022 in a bid to contain inflation. The MPC is meeting in the backdrop of consumer price-based (CPI) inflation declining to an 18-month low of 4.7 per cent in April. The Reserve Bank governor recently indicated that the May print would be lower than the April numbers. The CPI for May is scheduled to be announced on June 12. On ...

Explained: Are rising FD rates ending, and what should investors do?

The withdrawal of the Rs 2,000 note will likely result in a spurt in liquidity. How are the subsequent changes likely to impact you? Read more to find out

War on inflation not over, we have to remain alert: RBI Guv Shaktikanta Das

Das said that India's GDP growth rate in FY23 may come out to be more than earlier predictions of 7%

Expect RBI to start rate cuts by end of FY24: HDFC Bank chief economist

Abheek Barua said that the Indian economy is expected to grow at 4.4% in the quarter ended March 31

Cash crunch pushing up funding costs in India deterring more RBI hikes

The weighted average call rate, an overnight funding cost rate the central bank monitors, was at 6.78% on Wednesday, above the upper band of the Reserve Bank of India's interest rate corridor, of 6.75

RBI expected to pivot to rate cuts by year-end after a long pause

Borrowing costs in India have probably peaked, with the central bank expected to start cutting rates by the end of the year

Indian Overseas Bank raises FD rates; senior citizens to get 7.75% interest

This announcement is in line with the Reserve Bank of India's decision to keep the repo unchanged at 6.5%