Page 20 - Repo Rate

Letter to BS: It's better to wait and watch for RBI's next move

All the previous repo rate cuts by the RBI have failed

Punjab National Bank reduces lending rate linked to repo by 40 bps

The bank's marginal cost of funds-based lending rate (MCLR) has also been revised downwards by 15 bps across all tenors.

UCO Bank slashes lending rate by 40 basis points, MSME loans to get cheaper

The government expects banks to reduce lending rates, which is required to kick start the economy hit hard by the coronavirus-forced lockdown, among other factors

RBI's 40 bps rate cut to revive auto, real estate sales, say CEOs

Rise in group exposure limits to help large corporates

RBI extends loan moratorium till Aug 31, silent on one-time restructuring

The central bank has increased group exposure limits of lenders from 25% to 30%

RBI forecasts economic contraction, announces a sharp 40-bp rate cut

The six-member MPC also kept policy stance unchanged at 'accommodative' for "as long as necessary" to revive growth

Debt fund managers bet on shorter duration play to ride RBI easing

Fund managers expect yields to remain elevated at the longer-end of the yield curve in light of government's borrowing plans

RBI says India GDP will contract in FY21, cuts repo rate by 40 bps to 4%

RBI extends the moratorium on loan repayments by three more months

RBI may need to slash rates alongside providing fiscal stimulus: Economists

The only way to boost demand may be lowering interest rates to boost consumption, analysts said

Banks park Rs 8.42 trn of surplus funds with RBI, hinting lending pause

The record amount is a worrying sign for the economy: either there is no demand for credit or banks are scared to lend.

RBI considers standing deposit facility to manage extra liquidity

No firm decision has been reached on this, said sources. The SDF, when introduced, will become the lower bound of the corridor for the liquidity management window.

140 bps rate cut in a little over a fortnight

This has been done to stop lazy banking. Banks are being encouraged to lend instead of parking their resources with the RBI and earn risk-free interest income

Small savings schemes continue to score despite the steep rate cut

Despite the steep rate cut, you are unlikely to find better paying schemes without taking excessive risk

Bank of Baroda cuts personal, retail loan rates by 75 bps to 7.25%

The BRLLR linked to RBI Repo Rate is revised downwards in line with the reduction on Reserve Bank of India Repo Rate from 5.15 per cent to 4.40 per cent

RBI relief package to help sustain businesses during coronavirus: Bankers

The Union Bank CEO said that the RBI's package would help in sustaining business at a time when a 21-day nationwide lockdown to stop the spread of the COVID-19 virus

Covid-19 relief: RBI cuts repo 75 bps; defers term-loan EMIs for 3 months

Repo down to 4.4%; reverse repo reduced by 90 basis to 4%; CRR lowered by a percentage point to 3%; inflation and growth forecast not given as they would depend on the extent of the coronavirus crisis

Coronavirus impact: SBI loan repayment worth Rs 60,000 cr may be deferred

The outbreak of coronavirus has impacted almost 75 per cent of the sectors and the measures announced by the RBI and the government will benefit everyone

PM, FM, industry welcome RBI 'bazooka' of rate cut, liquidity measures

'Today RBI has taken giant steps to safeguard our economy from the impact of the Coronavirus,' said PM Modi

Top Headlines: RBI joins coronavirus war, cuts repo rate; EMIs put on hold

Business Standard brings to you the top headlines of the day

A quick look at RBI's measures to arrest Covid-19 slowdown

The RBI has reduced the repo rate by 75 basis points (bps) to 4.4 per cent, and the reverse repo rate by 90 bps which now stands at 4 per cent