HDFC Bank cuts MCLR by up to 15 bps
Private sector lender, HDFC Bank, cut its marginal-cost based lending rate (MCLR) for all tenors by 15 basis points (bps). According to the bank’s website, it has cut the 6-month MCLR by 10 bps to 8 percent, 1-year rate by 15 bps to 8.15 percent
SBI reduces one-year MCLR by 10 bps
According the bank’s press release, this is its eighth consecutive MCLR cut this financial year.
Credit crisis is not over yet, choose debt mutual funds carefully
In the fifth bi-monthly monetary policy review meeting, the RBI had kept th...
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%.
RBI keeps repo rate unchanged, real estate sector disappointed
In five successive reductions so far in 2019, the Reserve Bank of India has cut interest rates by a cumulative 135 basis points since February in an attempt to bolster growth and also liquidity in the financial system. With no reduction today, the cumulative decrease in repo rate stands at which banks borrow from it—remains unchanged at 5.15%.
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%
RBI keeps policy rates on hold despite economy fears
Many economists had predicted that the central bank would cut the repo rate by 25 bps.
Bonds drop most in two months on RBI's surprise rate pause
The central bank so far delivered 135 basis points of easing in five moves this year.
GDP shocker: RBI cuts FY20 growth forecast to 5%
CPI inflation projection wad revised upwards to 5.1-4.7 per cent for the second half of FY20.
RBI expects banks to soften lending rates even though it has kept policy rates unchanged
The central bank is expecting higher monetary transmission since the share of base rate loans, which have remained largely sticky, has come down. The marginal cost-based floating rate loans, which have annual resets, have become due.
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.
RBI money policy: Repo rate unchanged at 5.15%, stance remains accommodative
The Reserve Bank of India (RBI) Governor Shaktikanta Das-headed monetary policy committee (MPC) on Thursday maintained status quo on policy ...
Share market update: Bank, auto, realty stocks slip after RBI keeps repo rate unchanged
This halt came after five consecutive cuts. The shortterm lending rate, or repo rate, was unchanged at 5.15 per cent.
Personal finance takeaways from RBI monetary policy review
RBI maintained status quo on key rates, surprising many. ET Online’s Shambhavi Mehrotra gives to lowdown on what this means for borrowers an...
5 reasons why RBI didn't go for rate cut
The Reserve Bank of India on Thursday maintained the status quo on policy rates in its fifth bi-monthly monetary policy review of the financ...
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