A rate cut right now will ensure that interest rate transmission continues
As per the RBI Act 1934, the MPC is required to meet at least four times in a year.
Apart from our salaries, it would be wise to club other sources income while making a case before the bank
Since both VPF (as part of EPF) and PPF have long-term maturity periods, these are best-suited to act as retirement planning tools
According to the recently released the minutes of the MPC, Governor Shaktikanta Das called for an unusual rate cut of 35 bps as the economy needed a larger push.
How much will investors save from the hike in the interest on small savings schemes? Tune in to find out.
Rising interest rate in the US provides sufficient indication that benchmark policy rate of the Reserve Bank of India is not going to go down but may increase in the future depending on domestic and external factors, experts said.
Feels that FIIs waited for key events to pan out for the market and their current investment of USD 2 billion in a week was a serious commitment. But, for an investor, the situation looks a little murky as the market has seen no earnings growth for the past few years.
The Fed increased the interest rate by 25 basis points to a range of 0.75 percent to 1.00 percent on strong macroeconomic data and confidence in inflation which is rising to central bank’s target.
The focus is to look at companies that have the potential to grow significant cash flows over the medium to long-term, say 5-10 years, says Jeff Chowdhry, Senior Portfolio Manager, LGM Investments.
The change in the Reserve Bank's monetary stance from 'accommodative' to 'neutral‘, which essentially hints the chances for future rate cuts are limited. But bankers suggest otherwise.
The Reserve Bank of India (RBI) in its monetary policy meeting will announce its latest decision on interest rates, where it is expected to maintain status quo or cut the repo rate by 25 basis points (bps) to 6 percent.
On his Budget takeaways, Abhay Laijawala, Head of India Research at Deutsche Equities says the stand out has been the Finance Minister‘s ability to balance all compulsions and sticking to path of fiscal consolidation for the third consecutive time. International investors as well as global rating agencies will view this credibly, he says.
Repco's average cost of funds currently stants at 9.2 percent, says Varadarajan. He adds that its loan book is also increasing in size, with over 70 percent of its book falling under the affordable housing category.
Your life insurance policy may not be able to pay you the promised rate of interest this year. That is because a sharp dip in the 10-year G-sec yield has forced life insurance companies to either look at re-pricing the existing policies or launching new low interest products. CNBC-TV18 brings you a detailed report.
The minutes of the December 6 and 7 monetary policy committee meeting released today cited uncertainty following demonetisation, room for transmission of rate cuts, upturn in global commodity cycle and stickiness in non-food non-fuel inflation, as reasons for keeping the rates on hold.
Awash with funds, banks may start cutting loan rates to productively deploy unexpected deposit surge; RBI lowers 2016-17 growth forecast by 50 basis points to 7.1 percent on demonetisation effect.
"I don‘t think the market is range bound it is just pausing after the fall," said CNBC-TV18‘s Consulting Editor Udayan Mukherjee. The market is moving towards 8500 mark, but moves beyond that looks unlikely.
While a 25 basis points interest rate cut is already factored, falling food prices could prompt the Reserve Bank of India to cut rates a second time by 25 basis points, feels Pranjul Bhandari, Chief India Economist at HSBC.
The Reserve Bank of India (RBI) is likely to consider cutting interest rates by 25 basis points, or 0.25 percent, when it meets to decide on monetary policy on October 4, says Vivek Rajpal, Rates Strategist, Nomura India.
A falling rate environment, strong macros as well as an expected pick-up in earnings and rollout of goods and services tax (GST) will likely help Indian stock markets, says Nitin Jain, Principal Investment Manager, Kotak UK.
Ujjivan Financial Services Limited the micro finance lender announced interest cut Thursday to the tune of 75 basis points with effect for October 1, 2016.
"I expect them to raise rates this year, probably in December," says Peter Hooper of Deutsche Bank. The Fed, in its meet on Wednesday, sounded more hawkish.
Ian Hui of JP Morgan says that the government‘s fiscal policy along with monetary policy will have to contribute together to tackle weakness in Japan's market.
Speaking to CNBC-TV18, Director of Metal Research & Strategy David Wilson says Citi expects a rate hike by the US Fed this year which could moderate gold prices but investor buying will cushion the fall and limit downside.