#RBIPolicy LIVE Updates: MPC retains #reporate at 4%, #inflation to stay elevated in Q2, says RBI Governor #ShaktikantaDas
READ more: https://www.moneycontrol.com/news/business/economy/rbi-monetary-policy-mpc-expects-headline-inflation-to-remain-elevated-in-q2-2021-5653551.html
READ more: https://www.moneycontrol.com/news/business/economy/rbi-monetary-policy-mpc-expects-headline-inflation-to-remain-elevated-in-q2-2021-5653551.html
RBI has kept the #RepoRate unchanged at 4%. What's your take? ๐ค๐
For LIVE: https://www.moneycontrol.com/news/business/economy/rbi-monetary-policy-live-updates-governor-shaktikanta-das-mpc-6452251.html?utm_source=telegram&utm_medium=social
For LIVE: https://www.moneycontrol.com/news/business/economy/rbi-monetary-policy-live-updates-governor-shaktikanta-das-mpc-6452251.html?utm_source=telegram&utm_medium=social
#RBILive โก๏ธRecent surge in #COVID19 cases must be closely watched. Accommodative policy stance will continue as long as necessary to mitigate the impact of the pandemic:
#RBIGovernor Shaktikanta Das.
LIVE: https://moneycontrol.com/news/business/economy/rbi-monetary-policy-april-2021-reserve-bank-of-india-repo-rate-inflation-mpc-shaktikanta-das-6738031.html
#RBIPolicy #MPC #RepoRate
#RBIGovernor Shaktikanta Das.
LIVE: https://moneycontrol.com/news/business/economy/rbi-monetary-policy-april-2021-reserve-bank-of-india-repo-rate-inflation-mpc-shaktikanta-das-6738031.html
#RBIPolicy #MPC #RepoRate
Moneycontrol
RBI Monetary Policy Highlights: Growth currently not undermined due to rising COVID-19 cases, says RBI Governor
RBI Monetary Policy LIVE Updates: The MPC voted to maintain the repo rate at 4 percent and reverse repo rate at 3.35 percent.
#RBIPolicy | RBI will likely maintain a monetary policy pause, keeping the #reporate unchanged and maintaining the "accommodative" policy stance.
โก๏ธCatch LIVE ๐ฅupdates on the MPC: https://moneycontrol.com/news/business/rbi-monetary-policy-live-updates-shaktikanta-das-repo-rate-inflation-7557491.html?utm_source=telegram&utm_medium=social
#RBI #MPC #RBIGovernor
โก๏ธCatch LIVE ๐ฅupdates on the MPC: https://moneycontrol.com/news/business/rbi-monetary-policy-live-updates-shaktikanta-das-repo-rate-inflation-7557491.html?utm_source=telegram&utm_medium=social
#RBI #MPC #RBIGovernor
#RBIMonetaryPolicy
๐ #RepoRate left unchanged at 4%
๐ RBI lowered the projected #GDP growth for FY23 to 7.2%
๐ #CPIInflation is seen averaging higher at 5.7% in FY23
Here are key takeaways from #RBI Guv Shaktikanta Das' speech ๐ป
https://www.moneycontrol.com/news/business/announcements/rbi-monetary-policy-key-takeaways-from-governor-shaktikanta-das-address-2-8333781.html?utm_source=telegram&utm_medium=social
๐ #RepoRate left unchanged at 4%
๐ RBI lowered the projected #GDP growth for FY23 to 7.2%
๐ #CPIInflation is seen averaging higher at 5.7% in FY23
Here are key takeaways from #RBI Guv Shaktikanta Das' speech ๐ป
https://www.moneycontrol.com/news/business/announcements/rbi-monetary-policy-key-takeaways-from-governor-shaktikanta-das-address-2-8333781.html?utm_source=telegram&utm_medium=social
Moneycontrol
RBI Monetary Policy: Key takeaways from Governor Shaktikanta Das' address
RBI Monetary Policy: The MPC leaves key rates steady, continues with the accommodative stance but rephrases it stressing on the need for withdrawal of accommodation. Raises inflation and lowers growth forecasts
#MCPersonalFinance: No change in #reporate, RBI extends COVID-period relaxation that facilitates lower interest rates for #homeloans with high loan-to-value ratio by a year.
Here's what experts say ๐
https://www.moneycontrol.com/news/business/personal-finance/rbi-credit-policy-cheaper-rates-for-home-loans-to-continue-for-now-8335241.html?utm_source=telegram&utm_medium=social
Here's what experts say ๐
https://www.moneycontrol.com/news/business/personal-finance/rbi-credit-policy-cheaper-rates-for-home-loans-to-continue-for-now-8335241.html?utm_source=telegram&utm_medium=social
Moneycontrol
RBI Credit Policy: Cheaper rates in home loans to continue for now
No change in repo rate, RBI extends COVID-period relaxation that facilitates lower interest rates for home loans with high loan-to-value ratio by a year
#Nifty extended losses on May 4 after the RBI in a surprise move raised the key #RepoRate as well as the #CRR.
Read more ๐
https://www.moneycontrol.com/news/business/markets/technical-view-nifty-forms-long-black-day-pattern-can-slip-to-16159-if-selling-continues-8453031.html?utm_source=telegram&utm_medium=social
Read more ๐
https://www.moneycontrol.com/news/business/markets/technical-view-nifty-forms-long-black-day-pattern-can-slip-to-16159-if-selling-continues-8453031.html?utm_source=telegram&utm_medium=social
Moneycontrol
Technical View | Nifty forms Long Black Day pattern, can slip to 16,159 if selling continues
For the time, it will be prudent to remain neutral on the long side, Mazhar Mohammad of Chartviewindia said
#MCPersonalFinance | Several private banks have hiked interest rates on #fixeddeposits for one year tenure after #RBI raised the #reporate by 40 bps.
Here are private banks offering as high as 6.25% on one-year fixed deposits ๐
https://www.moneycontrol.com/news/photos/business/personal-finance/rbis-repo-rate-hike-effect-private-banks-offering-as-high-as-6-25-on-one-year-fixed-deposits-8566891-2.html?utm_source=telegram&utm_medium=social
Here are private banks offering as high as 6.25% on one-year fixed deposits ๐
https://www.moneycontrol.com/news/photos/business/personal-finance/rbis-repo-rate-hike-effect-private-banks-offering-as-high-as-6-25-on-one-year-fixed-deposits-8566891-2.html?utm_source=telegram&utm_medium=social
Moneycontrol
RBI's repo rate hike effect: Private banks offering as high as 6.25% on one-year fixed deposits
Several private banks have hiked interest rates on fixed deposits for one year tenure after the Reserve Bank of India raised the repo rate by 40 basis points this month
#ICYMI: Individual borrowers are set to feel the heat of higher interest rates, with #RBI governor Shaktikanta Das announcing a massive 50-basis point hike in #RepoRate.
Here's what you need to know โฌ๏ธ
https://bit.ly/3Sxc7UB
Here's what you need to know โฌ๏ธ
https://bit.ly/3Sxc7UB
The inter-bank call money rates are expected to move closer to the policy #RepoRate by the second half of this financial year as liquidity surplus dries up and inches closer to neutral levels.
Read more ๐
https://bit.ly/3CeAP6M
Read more ๐
https://bit.ly/3CeAP6M
Moneycontrol
Money market signals | Inter-bank call rate can align with repo rate by Oct-March, say experts
The weighted average call rate has risen from around 3.35 percent in February to 5.28 percent in August, even as the repo rate has risen only 140 basis points during the period
#BankingCentral | It is fairly certain that the #reporate will be hiked by another 25-50bps as the #MPC continues its #inflation fight. A 50 bps hike will take the repo rate to 5.9%.
What does another rate hike mean to you? Know more from @Dinesh_Unni ๐
https://bit.ly/3xR3M5p
What does another rate hike mean to you? Know more from @Dinesh_Unni ๐
https://bit.ly/3xR3M5p
Moneycontrol
Banking Central | What does another rate hike this Friday mean to you?
MPC's focus likely to continue on inflation fight even as growth recovery remains a concern
#RBIPolicy | It is fairly certain that the #reporate will be hiked by another 25-50bps as the #MPC continues its #inflation fight. A 50 bps hike will take the repo rate to 5.9%.
What does another rate hike mean to you? Know more from Dinesh Unnikrishnan ๐
https://bit.ly/3xR3M5p
What does another rate hike mean to you? Know more from Dinesh Unnikrishnan ๐
https://bit.ly/3xR3M5p
Moneycontrol
Banking Central | What does another rate hike this Friday mean to you?
MPC's focus likely to continue on inflation fight even as growth recovery remains a concern
In the run-up to the unscheduled MPC meeting today, there has been a debate among a section of economists on whether this meeting is about a rate hike or not.
Here's why the #RBI is unlikely to hike the #RepoRate today ๐
https://bit.ly/3fvIJj2
Here's why the #RBI is unlikely to hike the #RepoRate today ๐
https://bit.ly/3fvIJj2
Moneycontrol
Why the RBI is unlikely to hike the repo rate today
While inflation will top the agenda at todayโs MPC meeting, interest rates wonโt, because the focus will be on accountability. Section 45ZN of the RBI Act of 1934 requires the central bank to explain to the government its failure to adhere to the inflationโฆ
#MCPersonalFinance: #RepoRate hikes have been passed on to home loan borrowers, which have led to a significant increase in #EMIs ranging from 10-25%, says Amit Diwan, Chief Distribution Officer, IMGC
Read the full interview by Hiral Thanawala ๐
https://bit.ly/3k9GBj9
Read the full interview by Hiral Thanawala ๐
https://bit.ly/3k9GBj9
Moneycontrol
Despite rate hikes, home loan demand up in Rs 30-50-lakh, Rs 50-75-lakh segments
Repo rate hikes have been passed on to home loan borrowers, which have led to a significant increase in EMIs ranging from 10-25 percent, says Amit Diwan, Chief Distribution Officer, IMGC
RBI increased the repo rate by 25 bps to 6.50% in Feb 2023, taking the cumulative hike since May 2022 to 250 bps. Whatโs been the impact of six consecutive #RepoRate hikes on borrowersโ #HomeLoan burden?
Here's what Amit Diwan answered ๐
https://bit.ly/3Iw0KcQ
Here's what Amit Diwan answered ๐
https://bit.ly/3Iw0KcQ
#MCExplains | Over the past year, India's monetary policy has undergone a significant tightening, as the #RBI #MPC increased the #RepoRate by 250 basis points to reach 6.5 percent, before hitting the pause button in April.
Siddharth Upasani explains๐
bit.ly/3nPvhuq
Siddharth Upasani explains๐
bit.ly/3nPvhuq