EXTERNAL BENCHMARKING LOAN
India’s growth collapse dramatic, govt should let deficit slip: Wood
BSE Midcap and Smallcap indices are down 18% and 31 %, respectively, since January 2018.
Sebi proposes performance benchmarking, standardisation of draft documents by AIFs
Investments by registered AIFs have grown 75 per cent year...
SBI reduces one-year MCLR by 10 bps
According the bank’s press release, this is its eighth consecutive MCLR cut this financial year.
RBI keeps repo rate unchanged: What does this mean for your loans and fixed deposits?
The Reserve Bank of India, in its monetary policy review today, kept the repo rate unchanged at 5.15%
Breaching the fiscal deficit target won’t hurt if spent well: Kaushik Shaparia, Deutsche Bank India
People want structural things to be addressed before they invest. The NBFC crisis is not redressed yet.
Companies need to rework fundraising plans as new financial benchmarks come into play
This mammoth transition requires collective effort from various arms as the risks are manifold.
RBI to see full pass through of previous rate cuts before taking any action
The Reserve Bank of India justified its decision to pause its policy rate action by maintaining the repo rate at 5.15 per cent. This was not in line with the market consensus which expected a 25 bps (one bps is 0.01 per cent) reduction of the benchmark policy repo rate by the central bank. Spike in inflation was one of the main reasons for not doing so.
RBI satisfied with pace of monetary transmission
He further said transmission, which was bothering the central bank for a long time, is expected to improve with the introduction of linking loan pricing to external benchmark system, which banks have adopted now.
Rupee slips over 6 paise after RBI leaves policy rate unchanged
The currency opened 5 paise higher earlier in the session.
Sensex slips 150 pts from day's high after RBI holds repo rate at 5.15%
As many as 21 stocks in the Sensex pack were trading in the red after the outcome.
Top 5 banks' home loan interest rates
The Reserve Bank of India has directed banks to link their lending interest rate to an external benchmark rate such as repo rate. The aim is to provide greater transparency and faster transmission of changes in the policy rates.
Home loan interest rates linked to repo rate
Here are the interest rate on home loans charged by the banks under the external benchmark regime. The interest rate is liked to the RBI repo rate. The table given below is applicable to salaried individuals and self-employed persons.
RBI keeps repo rate unchanged at 5.15%, stance remains accommodative
The central bank slashed FY20 real GDP growth projection to 5% from 6.1%.
Full Text: RBI keeps powder dry, maintains status quo; here's why
Overall liquidity in the system remained in surplus in October and November 2019, MPC said.
Why this fund manager is betting against consumption
We are cautious on the consumer space, where we think valuations are stretched specifically with the consumer staples pack. Between the consumer staples and consumer discretionary pack, there is still some upside left on the consumer discretionary side. But we are fairly cautious on the staples pack. On the consumption basket, we continue to be cautious on the auto sector.
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