Most economists think the nine-member Monetary Policy Committee will lower the bank’s main interest rate by a quarter of a percentage point to 4.50%, taking it to its lowest level since mid-2023.
Going ahead, Kumar said that MPC meeting in February would take stock of how the inflation-growth balance was shaping up between now and then against the backdrop of global trends.
Sundaram Corporate Bond Fund is a moderate duration debt fund that invests only in AAA rated papers. With an average maturity of six years, it’s set to capitalise when rates start to fall.
Banking stocks pain is set to continue in the near-term due to trailing margins, sluggish deposit growth, and widening CDR ratio
Mehra feels there are no significant risks to India from the global risks like the Yen carry trade, a possible US recession. Yet, the abundance of domestic liquidity can be no cover for faltering fundamentals
Bianco Research continues to be in the "no-landing" camp, believing that the US Fed will not have to cut rates and rescue the economy from a recession
Powell's tone was optimistic, contributing to a rally in the stock market. The S&P 500 saw its largest gain since February, while Treasury yields fell and the dollar weakened against other major currencies.
Federal Reserve Chairman Jerome Powell hints at a potential rate cut in September, sparking expectation of positive impact on Indian equity markets and emerging market investments.
Small-cap stocks surge in expectation they will benefit disproportionately from a Fed interest rate cut
The headline CPI print for March was in line with expectations but Morgan Stanley expects inflation to decelerate more decisively in the June quarter
Turkey's Central Bank has cut borrowing cost despite surging consumer prices. The unconventional monetary policy has spooked foreign investors, who are dumping Turkish assets.
A loan of Rs 40 lakh for 20 years at a rate of 8.45% accrues an interest payable of Rs 43 lakh. A 25 basis points reduction brings down the interest payable to Rs 41.5 lakh. This means savings of Rs 1.5 lakh.
There has not been any precedence of major interest rate cuts, ahead of the union budget‘s presentation. On the contrary, major financial policy decisions are put on hold or deferred, ahead of the budget. R
In a move that will help bring down the cost of home, auto and other loans linked to the marginal cost of funds-based lending rate (MCLR), more banks slashed their benchmark lending rates on R
New RBI governor Urjit Patel will present his first monetary policy review on Tuesday. The jury is still out on whether the newly formed six-member monetary policy committee (MPC) will advise an interest rate cut. We take a look at the key factors that will likely guide the panel.
The August inflation number clearly gives the new governor space to open his account on a friendly note with an interest rate cut. The more tricky part to guess is whether the governor will resist the pressure to cut again in the December 6 policy.
Commerce and Industry Minister Nirmala Sitharaman today pitched for as much as 200 basis points, that is 2 per cent, interest rate cut by RBI to help the cash-starved MSME sector.
Rate cut by RBI has long lasting impact on both your loans and investments. It is the time to realign your money matters to make the most of falling interest rates.
The Reserve Bank of India (RBI) is meeting for its bi-monthly monetary policy review for the first time this fiscal. Catch live updates here.
A 25 basis point cut has been priced in by markets, and may even send the Nifty into a minor correction towards the lower end of its emerging 7,500-7,800 range, says Udayan Mukherjee, Consulting Editor of CNBC-TV18.
The tone of the Federal Reserve chief Janet Yellen last week indicated the US central bank is likely to 'let the economy run for a while' and a rate hike is likely only later this year, says Geoffrey Dennis of UBS.
IDFC Bank Chief Economist Indranil Pan believes a single rate cut of 25 basis points is coming on April 5 but he is quick to pour cold water on those hoping for more.
Reserve Bank is likely to go for a 50 basis points rate cut next fiscal year and out of this 25 bps cut may be affected in the policy review meet next month amid slackening economic recovery, says a report.
Banks have so far passed on only some part of the RBI's repo rate cut from 2015 but going forward. there is hope.
The central bank, led by Mario Draghi, further announced that it would extend its asset purchase programme until March 2017 and at least till a "sustained upward adjustment in inflation" materialises.