Page 27 - Rbi Repo Rate

Builders see short-term impact on sales on likely hike in home loan rate

The RBI's decision to raise the benchmark lending rate by 50 basis points to 5.40 per cent will make home loans costlier, and thus reducing affordability of prospective homebuyers, they added.

Crypto wrap: RBI MPC unlikely to impact global crypto prices, say experts

The Reserve Bank of India (RBI), on Friday, hiked the repo rate by 50 basis points for the second consecutive time to 5.4 per cent

Loan EMIs to rise as RBI increases repo rate by 50 bps to curb inflation

Several banks have already raised their borrowing rates and some will again increase their rates after this hike by the central bank.

Sensex gains 89 pts, Nifty holds 17,350 as RBI hikes repo rate by 50 bps

CLOSING BELL: While an in-line repo rate hike of 50 basis points gave ammunition to the bulls, bears tried to drag the indices as inflation projections were maintained for fiscal 2022-23 (FY23)

Will RBI catch up with rest of the world on Friday in terms of rate hike?

On August 4, the Bank of England is expected to raise rates by 50 bps to 1.75 per cent. A Business Standard poll of 10 economists expects the RBI to raise rates by 35-50 bps

India's 10-year bond yield drops on report of rate pause by RBI tomorrow

Indian government bond yields dropped on Thursday, with the 10-year benchmark yield down 9 bps after a report said the RBI might be guided by data after Friday's decision.

What to expect from the RBI's upcoming monetary policy announcement?

In the last policy announcement on June 8, the Reserve Bank of India (RBI) announced a repo rate hike of 50 basis points to take the rate from 4.4 per cent to 4.90 per cent

ICICI Bank, Bank of India, Indiabulls hike rates ahead of MPC meeting

The revised rates for new borrowers range between 7.80 per cent and 8.30 per cent, depending on credit and loan amount

UBS sees RBI delivering 25-30 bps rate hike this week, pausing after Oct

The Reserve Bank will deliver two more rate increases with the first of 25-30 bps later this week, and then pause for data-prints on domestic inflation and the US economy, says a foreign brokerage. The US economy is widely feared to be headed towards a recession this year having already contracted by 0.9 per cent in the June quarter and 1.6 per cent in the previous. If an economy contracts for three consecutive quarters, then it is considered that economy is in recession. On the domestic front, the consensus view is that the economy will continue to face headwinds from multiple fronts -- rising current account deficit (CAD), falling balance of payments, high inflation and rupee depreciation which has already plumbed the 80 mark against the greenback. The RBI's rate-setting panel MPC will announce the second bimonthly policy review on Friday and the market has already priced-in a third rate hike given the run-away inflation, which is has already been hovering over 7 per cent for the

RBI Policy: How has inflation fared since the last monetary policy meeting?

Ever since the RBI MPC started to hike the repo rate in May, CPI inflation has eased from 7.79 per cent in April to 7.01 per cent in June

RBI to hike rates by 0.35%-0.5% at Aug 5 review: Axis Bank chief economist

The Reserve Bank's rate setting panel will hike the key repo rate by 0.35-0.50 per cent at the next week's review meeting, Axis Bank chief economist Saugata Bhattacharya said on Thursday. A hike of such a quantum will take the repo rate beyond the 5.15 per cent level, at which the RBI had begun the ultra-accommodative measures in the face of the COVID-19 pandemic, he told reporters. It can be noted that the monetary policy committee (MPC) has hiked rates in two consecutive moves in May and June by a cumulative 0.90 per cent, taking the repo rate at which it lends to the system to 4.90 per cent, in a bid to contain inflation. Bhattacharya said the MPC will go into the internal surveys like household inflation expectations and consumer confidence while deciding the quantum of the rate hike. He said the rate hike will be both an attempt to stem inflation expectations, and also one part of it will be a frontloading of actions. A majority of developed world central banks like the US Fe

RBI to go for 35 bps hike at next week's monetary policy meeting: Report

The Reserve Bank of India's rate-setting panel will go for a 0.35 per cent hike in the key repo rate at its meeting next week, an American brokerage said on Wednesday. The hike will be accompanied by a change in the policy stance to "calibrated tightening", Bofa Securities said in a report published ahead of the Monetary Policy Committee (MPC) resolution which is set to be announced on August 5. RBI has hiked the rate by a cumulative 0.90 per cent in two tightening moves in May and June, responding to the runaway headline inflation which has consistently overshot the upper end of the target set for the central bank for many months. Referring to policy actions since April, when RBI introduced the standing deposit facility, the brokerage said the central bank has effectively hiked rates by 1.30 per cent. "In our base case, we now see the RBI MPC hike policy repo rate by 0.35 per cent, taking it to 5.25 per cent (higher than pre-pandemic level), with stance change to calibrated ...

RBI MPC preview: Das and Co may hike repo rate by 25-50 bps in August

If the inflation remains above 6% on average for the next three months, the RBI will have to explain to the govt in writing the reasons for its failure to keep the rate of price rise in check

Banks' asset-quality risk to be moderate after RBI rate hike: Fitch Ratings

'Mounting repayment pressure for some borrowers amid India's interest rate hikes, particularly for micro, small and medium-sized enterprises, will test banks' loan underwriting quality'

Will easing farm commodity prices provide room to RBI to pause rate hikes?

While the govt has introduced windfall tax and export curbs to arrest runaway prices, a lot depends on how the monsoon pans out this season

Mid, small-sized HFCs may bear the brunt of rising interest rates

Shares of housing finance companies nosedived after the RBI hiked repo rate on May 4. While robust real estate demand may outweigh rate hike impact, some firms may be vulnerable to interest rate hikes

Big rate hikes to be the global norm as inflation remains a challenge

With no end in sight to Russia's invasion of Ukraine, commodity prices remain elevated and supply chains remain disrupted

HSBC sees slower rate hikes by RBI towards year-end on growth worries

HSBC is expecting the RBI to take repo rate to 6% by the middle of the next year, from 4.9% now

RBI's decision to raise policy rate to help Indian economy, says Assocham

Industry body Assocham on Thursday said the Reserve Bank's decision to raise the benchmark lending rate by 50 basis points to 4.9 per cent will help the Indian economy in the medium term.

Sensex snaps 4-day losing run, rises 428 pts; Nifty holds 16,450; RIL up 3%

CLOSING BELL: Dr Reddy's Labs, Reliance Industries, Bharti Airtel, Sun Pharma, Tech M, and Infosys were the top large-cap gainers