Interest Rate

June 04, 2023 02:05 PM IST

RBI likely to maintain pause on interest rate as inflation moves southwards: Experts

Headed by Reserve Bank Governor Shaktikanta Das, a meeting of the six-member Monetary Policy Committee (MPC) is scheduled for June 6-8. The decision of the 43rd meeting of the MPC would be announced on Thursday, June 8.

No comment on RBI policy, but see US Fed pausing in June: CEA Nageswaran

Both the Indian and US central banks are set to meet in the first half of June to decide on interest rates.

Kotak Mahindra Bank hikes lending rates by 10 bps across tenures

The MCLR-based lending rate for loan across different tenures now range between 8.35 percent to 9.35 percent.

Global financial turmoil: Why India is giving ‘safe zone vibes’

Despite the rate hikes by Fed and US banking turmoil, FPI flows into equities have been on an upswing since March this year.

MSCI rejig, Asian Paints, Eicher Motors & more | Market Minutes

In this episode of Market Minutes, Shailaja Mohapatra talks about Bank of England's interest rate hike, vanishing recession in the UK, the biggest gainers and losers of MSCI rejig, and Q4 numbers of Asian Paints and Eicher Motors. Also, catch Sachin Jasuja of Centricity Wealthtech in Voice of the Day segment. Market Minutes is a morning podcast that puts the spotlight on hot stocks, keys data points and developing trends.

Bank of England lifts interest rate to 15-year high

The decision on Thursday by the bank's nine-member Monetary Policy Committee to lift its main interest rate by a quarter of a percentage point to 4.5 per cent was widely anticipated in financial markets.

Eurozone Inflation Rises as Policymakers Weigh Rate Increase

Core inflation is closely watched by European Central Bank policymakers, who will decide whether to continue raising interest rates to curb inflation when they meet Thursday.

What is an interest rate arbitrage?

Rock and Hard Place: Fed faces tough choices in May meeting

Experts say once the Fed pauses, the headroom will open for the RBI to cut rates in the second half of FY24.

Housing loans rise 15% despite high-interest rates

The housing loan outstanding at March-end 2022 was Rs 16.84 lakh crore, a growth of 12.9 per cent year-on-year.

Corporates stare at 25% jump in financing cost this fiscal: Report

The rising interest rate burden, which is near the pre-pandemic levels and already up 30 percent over FY22 levels, will force companies to reverse their deleveraging course this fiscal, according to an analysis by India Ratings.

The RBI’s rate hike pause is flattering to deceive

It seems that the MPC took a calculated gamble to give some relief to the fledgling growth in the economy. This is a deviation from its monetary policy mandate according to which inflation control is supposed to be the priority “while supporting growth”

MPC decision: The dialectic of inflation and growth

Mint Road has preferred to assess the lag effect of past rate hikes than pull back growth momentum

Bajaj Finance stock jumps after RBI holds rates

Interest-rate sensitive banking, finance, realty and auto stocks climbed after the RBI decided to hold rates.

‘Like Sachin’s shot…’: What RBI’s surprise pause means for equity investors

The MPC also maintained the 'withdrawal of accommodation' stance, highlighting its readiness to act should the situation so warrant.

Can the Fed's interest rate regime ignore geopolitics?

As it raises interest rates at the fastest pace in over 40 years, the US Fed's actions militate against US strategic interest in preventing developing countries from falling into China's sphere of influence

Big boost for small savings schemes in higher interest rates for June quarter

Small savings schemes interest rates have been hiked by 10-70 basis points for the latest quarter. But the interest rate on PPF has been left unchanged at 7.1% .

RBI may go in for 25 basis point interest rate hike in monetary policy meet next month, say experts

The Monetary Policy Committee (MPC) of the Reserve Bank will be meeting for three days on April 3, 5 and 6 to take into account various domestic and global factors before coming out with the first bi-monthly monetary policy for fiscal 2023-24.

Deutsche Bank shares plummet amid concerns over global financial system

Deutsche Bank's woes come in the context of investors searching for vulnerable institutions after the collapse of Silicon Valley Bank earlier this month

Live: Jerome Powell's speech on outcome of US federal reserve meeting | Interest Rates

Fed reserve Chief Jerome Powell announces key decision on rate hikes after a 2-day meeting of the US Federal Reserve. Watch!

SBI to hike key lending rate by 70 bps to 14.85% effective March 15

The state-run lender will also be raising its base rate by 70 bps to 10.10 percent.

Central Banks: Asia’s very complicated interest-rate pause

The respite after a torrid phase of tightening ought to be welcome. But it wasn't supposed to be this difficult

BIS quarterly review: Markets need to listen to the message of central banks

Investors’ expectations about future policy rate paths are in contrast to central bank communications

Record-breaking global bond rally crumbles as fresh inflation fears grip investors

Fixed income markets reverse gains since start of year in ‘reality check’ over path of interest rates

Fed faces new inflection point amid troubling inflation data

Jay Powell’s prediction of ‘bumpy’ path to taming price rises borne out by latest figures