Jan 17, 2022 09:01 AM IST
In an unexpected move today, the People’s Bank of China lowered interest rate on 700 billion yuan worth of 1-year medium-term lending facility to some financial institutions by 10 bps to 2.85% from 2.95 percent
- Dec 20, 2021 08:50 AM IST
This marks is the first time since April 2020 that the Chinese central bank has slashed LPR, the lending benchmark
- Apr 01, 2021 06:47 PM IST
West Bengal, Assam, Tamil Nadu and Kerala, where high-stakes electoral battles are underway, together contribute 23.9% in gross collections of national small savings, according to latest available data. Assembly elections give small savers a reprieve from interest rate cut.
- Jan 11, 2021 09:00 PM IST
The Maharashtra government had in August temporarily reduced stamp duty from 5 percent to 2 percent until December 31, 2020, and to 3 percent from January 1, 2021, until March 31, 2021.
- Oct 09, 2020 02:06 PM IST
Banks & NBFCs are expected to be one of the key beneficiaries of lower interest rates, but experts suggest to remain invested with sector leaders.
- Oct 09, 2020 10:06 AM IST
This was the first time the central bank did not cut repo rate after previous five consecutive cuts since February 2019
- Jun 16, 2020 09:44 AM IST
The S&P BSE Sensex rallied more than 600 points, while the Nifty50 jumped nearly 200 points to trade above 10,000-levels in early trade.
- May 22, 2020 04:04 PM IST
For a horizon of, say, 1-3 years, it is preferable to opt for a short portfolio maturity so that volatility would be lower
- May 22, 2020 02:37 PM IST
The big will get bigger as marginal competition finds it difficult to survive
- May 22, 2020 07:37 AM IST
In the first two pressers, the RBI governor announced a series of measures to ease liquidity pressure in the banking system and cushion the economy from the COVID-19 shock.
- Mar 27, 2020 01:47 PM IST
Addressing the media via teleconferencing, RBI governor begins his policy statement saying ‘Tough times do not last but tough people do and tough institution’. I think we are in those times right now.
- Mar 27, 2020 12:05 PM IST
“This decision of the rate cut and the advancement of MPC have been warranted by the disruptive force of COVID-19. It is intended to mitigate the negative effects of the virus, to revive growth and to preserve financial stability,” Das said.
- Mar 11, 2020 01:12 PM IST
The government official sees scope for a 50 bps repo rate cut
- Mar 05, 2020 12:13 PM IST
The organisation is reportedly looking to make up for low investment yields
- Feb 28, 2020 09:47 AM IST
Earnings from long-term fixed deposits, bonds and G-Secs fell 50-80 bps over the past year and the retirement fund body may thus find it difficult to keep rates unchanged this fiscal
- Dec 05, 2019 01:43 PM IST
"Liquidity requirements of NBFCs for the next three months is being monitored," Das added.
- Dec 05, 2019 12:46 PM IST
The MPC decided to keep the policy repo rate unchanged but continue with an accommodative stance to revive growth, which supported the market sentiment and helped cut losses.
- Dec 05, 2019 12:44 PM IST
Specifically for urban cooperative banks, the central bank is looking to issue structures to address cybersecurity concerns
- Dec 05, 2019 12:15 PM IST
Committee scaled up CPI inflation target for October-March to 4.7-5.1 percent
- Dec 05, 2019 10:12 AM IST
Most experts which Moneycontrol spoke to said that the central bank could well cut rates by 25 bps and may keep doors open for further easing to support growth in faltering Asia’s third-largest economy.
- Dec 03, 2019 12:19 PM IST
We expect growth concerns to dominate and continue to pen down a cumulative 50bps rate cut in the rest of FY20 and a 25bps of a repo rate cut in the December policy itself.
- Oct 18, 2019 09:05 PM IST
MPC member Chetan Ghate said that it is premature to speculate on the impact of tax rate cut on the fiscal deficit.
- Oct 04, 2019 05:01 PM IST
It is, however, imperative for banks to facilitate a faster transmission of these rate cuts to ensure that the measures reap results for the real estate sector, said experts.
- Oct 04, 2019 12:57 PM IST
The monetary policy committee, as expected, cut rates for the fifth consecutive time, but the quantum was below market expectations.
- Oct 03, 2019 11:09 AM IST
Markets will keenly await the MPC decision and seek a reason to celebrate the festivities well in advance.