This is the seventh rate increase undertaken by HDFC in the last five months.
HDFC Bank sees a 50 basis points fall in the short term after RBI cuts the marginal standing facility (MSF) by 50 bps on Monday
CRISIL Research, India's largest independent and integrated research house, believes that India Inc.'s revenue growth (excluding banks and oil & gas companies) will decelerate to 6-7 per cent in January-March 2013 (Q4 FY13) from 17.5 per cent in Q4 FY12 on the back of waning demand.
CARE Ratings has come out with its report on impact of RBI's monetary policy statement 2012-13. The RBI expects liquidity conditions to improve in Q1 of 2012-13 but has assured that liquidity cushion would be enhanced if requirement for the same arises.
In an interview to CNBC-TV18, Hemindra Hazari, head-Equity Research, Nirmal Bang Institutional Equities says that the asset quality will continue to deteriorate in financial year 2013. He also says that he does not see economic growth improving from hereon.
The 50 bps reduction announced by the RBI will give a huge sentimental boost to the real estate sector in general and the housing loan segment in particular, says Naushad Panjwani, Executive Director, Knight Frank India
The RBI today hiked short-term lending and borrowing rates sharply by 50 basis points for the third time in three months to tame high inflation, a move that would make all personal and corporate loans more expensive.