Page 196 - Reserve Bank Of India

RBI asks ASBA designated bank branches to remain open on Sunday for LIC IPO

LIC's IPO will remain open for subscription even on the weekend, given the large amount the government is looking to raise from the market

RBI hikes repo rate by 40 bps: Analysts see muted impact on banks' NIM, PAT

Non-bank finance companies (NBFCs), however, may feel more heat, except those engaged in mortgage financing

Banks start raising their lending rates for external benchmark loans

BOB withdraws interest rebates for home, car loans

RBI should raise rates more to fulfil inflation mandate, regain credibility

Higher interest rates may complicate the financing of a record $200 billion government borrowing programme, bigger than even in the first year of the pandemic.

RBI raised interest rates fearing 'shocker' April inflation data: Report

The central bank's move shocked the markets and drove bond yields to multi-year highs. The 10-year benchmark bond closed at 7.40% on Thursday, its highest in three years

Economists expect higher rate hikes after RBI's hike to tame inflation

Most economists are now forecasting a cumulative 125-150 basis points of rate hikes over the next 12 months, compared with about 50 basis points expected three months ago

Top headlines: Lending rates to rise, half a dozen IPOs in May after LIC

Business Standard brings you the top headlines at this hour

After a 16-yr low of 14.9% in 2019, LIC's private sector investments rise

LIC's private sector share of investments had touched a 16-year low of 14.9 per cent in 2019, an analysis by the Reserve Bank of India showed.

Bond yield shoots up; another interest rate hike likely in June

Soumya Kanti Ghosh, Group Chief Economic Adviser, State Bank of India, said he expected repo hikes in June and August policy review meetings too

Lending rates set to rise; interest rates on deposits may also move up

Consequently, lenders will revise their lending rates upwards, especially on loans, which are linked to an external benchmark

Plan your prepayments, switch to tackle rise in home loan rates

New borrowers must avoid over-leveraging; prepare to cough up more as down payment

RBI raises repo rate by 40 bps in surprise move; CRR increased by 50 bps

The 10-year government bond shot up 26 bps, with the street expecting another rate hike in the June policy

RBI girds up to fight inflation: No Band-Aid for realty, FMCG players

Monetary policy response will help preserve macro-financial stability, says RBI governor as he announces benchmark rate hike

FY23 GDP forecasts by various agencies realistic: CEA Anantha Nageswaran

Range between RBI's 7.2% and IMF's 8.2% a reasonable prediction, says CEA

Repo rate hike to liquidity surplus, here're the key parameters of RBI MPC

The MPC is faced with the grim prospect of missing its inflation mandate - which is to maintain average inflation between 2-6% for three consecutive quarters

Real estate, auto companies to bear the brunt of interest rate hikes

Niranjan Hiranandani, managing director of Hiranandani Group, said the RBI had to ensure that inflationary pressure on the individual did not get exacerbated by higher rates on home loans

Course correction

RBI has been slow in withdrawing accommodation

Growth to be in range of 7-8.5% given global uncertainties: CEA Nageswaran

The International Monetary Fund recently lowered its growth forecast to 8.2 per cent which is higher than 7.2 per cent by the Reserve Bank of India

Indian shares extend losses after central bank's surprise rate hike

BENGALURU (Reuters) - Indian shares extended losses on Wednesday after the country's central bank announced a surprise increase in key policy rate. The NSE Nifty 50 index was down 1.7% at 16,780 by 0844 GMT, while the S&P BSE Sensex fell 1.6% to 56,058.

In a surprise move, RBI raises repo rate by 40 bps to 4.40 per cent

The RBI MPC voted unanimously to increase the benchmark rate, said Governor Shaktikanta Das