Oct 17, 2016 at 14:16 | Source: PTI
The company has reduced its short-term benchmark rate (IBR-ST) from 9.30 percent to 8.50 percent per annum with monthly rests for lending for tenure up to 3 months only, IFCI said in a statement.
Oct 14, 2016 at 13:26 | Source: CNBC-TV18
In an interview with CNBC-TV18, Tushar Arora, Senior Economist at HDFC Bank said that the WPI number is in line with expectations and Thursday's CPI number was also below market estimates, this should come as a relief.
Oct 13, 2016 at 09:44 | Source: Moneycontrol.com
Since the beginning of 2015, the RBI has cut the repo rate by 175 basis points to 6.25 percent, but only a small part of that has been passed on to the borrower, despite the fact that the government has also reduced the rates on small deposit schemes and banks themselves have been slashing term deposit rates from time to time.
Oct 08, 2016 at 16:54 | Source: Moneycontrol.com
Interest rates are likely to trend lower and there could be one more cut in the repo rate between now and March, says Lakshmi Iyer, Chief Investment Officer-Debt and Head-Products at Kotak Mahindra Mutual Fund
Oct 06, 2016 at 22:22 | Source: PTI
State-owned Canara Bank, IndianBank and private sector Kotak Mahindra Bank today cut lendingrates by up to 0.1 per cent, following the 0.25 per cent reporate cut by the RBI.
Oct 06, 2016 at 09:55 | Source: Moneycontrol.com
According to Angel Broking, Rupee is likely to trade higher as markets discount the outcome of the RBI monetary policy meeting where all six members of the monetary policy committee voted in favor of cutting repo rate. This will likely boost the foreign inflows in turn keeping the INR supportive.
Oct 05, 2016 at 16:22 | Source: Housing.com/news
The six-member Monetary Policy Committee (MPC), headed by Reserve Bank of India (RBI) Governor Urjit Patel, on October 4, 2016, unanimously voted to reduce the repo rate or the short-term rate at which the R
Oct 05, 2016 at 11:54 | Source: CNBC
On Tuesday, the central bank surprised the market with a 25-basis-point cut to its policy repo rate, or the rate at which it lends to banks, to 6.25 percent.
Oct 05, 2016 at 11:29 | Source: Moneycontrol.com
According to Angel Broking, Rupee is likely to trade higher after all six members of the monetary policy committee of India voted in favor of cutting repo rate. This will likely boost the foreign inflows in turn keeping the INR supportive.
Oct 05, 2016 at 10:33 | Source: CNBC-TV18
Credit Suisse' Neelkanth Mishra expects repo rate to fall to a decade low in the coming quarters. He says that beginning December the market may see a robust and widespread pick-up which may boost indices.