Page 23 - Repo Rate

Repo crisis becomes machiavellian opportunity for some investors

US money-market interest rates surged Tuesday as cash reserves in the banking system remained out of balance with the volume of securities on dealer balance sheets

RBI unlikely to extend October 1 deadline for repo-linked loans

The RBI is of the opinion that banks already have enough flexibility to introduce a repo-linked loan product

RBI plans to structure loan rates of NBFCs, housing finance companies

Unlike banks, HFCs and NBFCs do not have any 'anchor rate' or a uniform interest rate-determining structure

US Fed Reserve is having a repo problem. But why and who is to be blame?

The repo market underpins much of the US financial system, helping to ensure banks have the liquidity to meet their daily operational needs and maintain sufficient reserves

Repo-link effect: Banks likely to raise risk spread, say analysts

Private sector bankers have earlier warned that repo is inherently a volatile rate, but linking the lending rates to the short-term treasury bills would be even more volatile

Indian Bank adopts repo rate as external benchmark for asset products

Under the new regime, home loans can be had at 8.2% a year, while four-wheeler loans will carry 8.85%, which the lender says is the lowest in the market

Linking lending and repo rates may eat into bank's profitability

Current situation may not allow banks to significantly tinker with deposit rates making it tough to fully pass on the fall in repo rate

Cheaper loans: Bank of Maharashtra to link retail loans with repo rate

Through linking of repo rate to retail loans, the bank is passing interest rate benefits directly to the customers and it will make the retail loans cheaper, it said

Minutes of MPC meeting: Fixing weak economic growth remains top priority

What is telling is that large swings in the Indian business cycle are still not a thing of the past, despite the adoption of inflation targeting in India

Letter to BS: Banking scenario with deposit erosions will impact liquidity

Unlike public sector banks, private banks adopt a less flexible approach for market survival, as there is no infusion of capital by the government

Link bulk deposits to repo for better transmission of interest rates: SBI

Reserve Bank of India Governor Shaktikanta Das has stressed the need for the entire banking system to link their loans and deposits pricing to the repo rate prescribed by the central bank

Top 10 biz headlines: Firms may get tax relief, fresh DHFL default & more

From DTC task force recommending slashing of corporate tax to 25% for domestic and foreign firms to DHFL defaulting on financial repayment obligations, here are the top business headlines for Tuesday

Time to formally link rates to repo, says RBI Governor Shaktikanta Das

Shaktikanta Das likely to initiate required steps in coming weeks

After SBI, RBI Guv says all banks should link loans, deposits to repo rate

Calling for radical corporate governance reforms at state-run banks, Das said their real test would be their ability to access capital from the markets rather than depending on the govt

Should borrowers opt for an RLLR-based home loan over an MCLR-linked one?

A reduction in MCLR is good news for home loan borrowers

Public sector banks volunteer to link their lending rates to repo

Bank of India also cut its MCLR by 25 bps, while Bank of Maharashtra and IDBI Bank had lowered their rate by 10-15 bps on Thursday

Repo rate at nine-year low after RBI announces first-ever cut of 35 bps

FY20 growth projection cut to 6.9%; RBI Governor Shaktikanta Das says slowdown cyclical

Near decadal low repo rate may not revive economic growth, earnings yet

While experts laud the move as a step in the right direction, earnings growth may take a 3-6 quarters to recover

Banks must transmit RBI rate cut to hike consumption, investment: India Inc

The Reserve Bank of India's (RBI) Monetary Policy Committee on Wednesday cut the interest rate by 35 basis points -- the fourth successive reduction -- to a nine-year-low level

SBI's new home loan product is transparent, but volatile in nature

The repo rate is usually revised during RBI's credit policy announcements, which takes place every two months