Oct 03, 2022 03:35 PM IST

Bank lending rates set to rise further on expected RBI tightening, say experts

A clutch of lenders, including SBI, BoI, and HDFC, have hiked their lending rates in the wake of the repo rate hike by the RBI on September 30. Home loan borrowers should pre-pay to ensure that the loan is repaid in the anticipated time frame

Moneycontrol Daily: Your Essential 7

Banks led by SBI hike lending rate by 50 bps after RBI raises policy rate

The hike has been effected in their benchmark rate linked to the repo rate, which increased by half a percentage point to 5.9%.

RBI Monetary Policy | What A 50 Bps Rate Hike Means For You & Why It Was Expected

RBI'S monetary policy didn't throw up any surprises; it was along predictable lines when the MPC decided to hike interest rates by 50 basis points. The fall in rupee and global turmoil made this 50 bps acceptable, due to which markets didn't go down despite the rate hike. But what does this rate hike mean for you and me? Latha Venkatesh explains - watch!

Hike in repo rate by RBI may impact real estate demand this festive season

Rising interest rates are likely to translate into higher equated installments and put more pressure on the final unit at the household level

Moneycontrol Poll | Yet another 50 bps rate hike likely this week on inflation overhang

This week’s expected repo rate hike will be the fourth in a row since May. At 5.90 percent, the repo rate would be the highest since April 2019

RBI set for fourth straight rate hike to quell inflation, say experts

The RBI, which has since May raised the short-term lending rate (repo) by 140 basis points (bps), may again go for a 50-bps increase to take it to a three-year high of 5.9 per cent

Interview: RBI needs to ease off forex intervention, says Standard Chartered’s Sahay

A weak currency could complicate the inflation outlook but the RBI is rightly focused on curbing inflation through rate hikes, says Anubhuti Sahay, who believes that the latest data on gross domestic product growth won’t sway the central bank towards a pause

Spike in T-Bill yields drives companies to borrow on repo terms

A 140-basis-point increase in the repo rate since May this year has triggered an up to 162-basis-point jump in market rates

Upside risks to inflation remain, says RBI Deputy Governor Michael Patra

The central bank has increased the policy rate by 140 basis points in the last three-and-a-half months, although it thinks inflation peaked in April

RBI Bulletin | Inflation will fall to 5% in Q1 FY24, but not yet positioned for landing

After April-June, the task before the MPC would be to guide inflation to its target of 4 percent. This may prove to be more arduous than the loss of height into the tolerance band, the central bank said.

Money market signals | Inter-bank call rate can align with repo rate by Oct-March, say experts

The weighted average call rate has risen from around 3.35 percent in February to 5.28 percent in August, even as the repo rate has risen only 140 basis points during the period

HDFC hikes retail prime lending rate on housing loans by 25 bps from today

HDFC has raised the key lending rate for home loans six times since May this year, with the previous hike being announced on August 1.

RBI to hike by another 100 basis points by early 2023: Capital Economics

The house remains comfortable with its view that the repo rate will rise to 6.40% by early 2023 and expects another 50-basis-point hike at the next meeting in late September. The RBI will revert to 25-basis-point hikes after that once inflation has peaked.

RBI policy: MPC hikes repo rate by 50 bps, takes policy rate back to pre-pandemic levels

The hike came largely on expected lines as the RBI continues on a warpath against high inflation

Moneycontrol Poll | MPC set to hike repo rate by at least 35 bps this week

Along with an increase in the repo rate, most economists polled expect the RBI to signal that price pressures in India may have peaked

RBI may shift focus to growth as inflation eases; no magic wand for rupee: SocGen’s Kundu

There has to be a trade-off the central bank has to look at and hence re-focus on growth once inflation provides some semblance of control, Kunal Kumar Kundu has said

RBI raises rate: Part-prepayment, higher EMI to keep your home loan interest outgo in check

Look at cutting your expenses to voluntarily pay higher EMIs, use annual bonuses to prepay part of your loan

Capacity utilisation in March quarter highest since Q4 FY19

While increased capacity utilisation is a sign of economic recovery, it also raises pricing power, allowing firms to pass on input cost increases

Despite hike, real repo rate is around the same level as a year ago 

If we consider a positive real policy rate as an indication of normal policy, we have a long way to go and growth will continue to be supported by loose monetary conditions

Analysis| Has the MPC already lost the battle on high inflation?

The MPC has moved to the path of policy tightening as inflation begins to pinch on the ground. But clearly, it acted too late and has limited tools now.

RBI Monetary Policy | Borrowers to see a steep hike in EMIs, interest burden

For depositors, this signals a further increase in their deposit rates, but high inflation means that real returns will remain muted

Oil is the key risk to economy and markets: Madhusudan Kela

"The only thing to watch is oil prices, which are not showing signs of coming down. If it spikes again to say $150 levels, then there is a real risk as inflation will haunt us and there will be issues on the external account as well."

India’s inflation to surprise on upside, RBI to be behind curve says Nomura

The RBI is expected to announce a hike of 35-50 basis points in the repo rate on June 8 when the monetary policy committee meeting concludes

Interview | See terminal repo rate at 6% before MPC becomes data-dependent, says former committee member Mridul Saggar

Saggar, whose term with the rate-setting Monetary Policy Committee ended in April on his retirement from the Reserve Bank of India, said real interest rates need to become positive but the panel should not go "overboard" in tightening policy