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 ...
Share market update: Bank, auto, realty stocks slip after RBI keeps repo rate unchanged
This halt came after five consecutive cuts. The short...
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.
ICICI Bank, Bank of Maharashtra cut MCLR, HDFC Bank maintains: Who has the lowest rate?
According to the HDFC bank’s website, the latest interest rate will be effective from January 7, 2020. All MCLR rates stands unchanged. 6-month MCLR stands at 8 bps, 1-year at 8.15 percent, 2-year at 8.25 percent and the 3-year rate at 8.35 percent.
ET Explains: What's making the pass-through of RBI's policy decisions sticky
The issue of lack of monetary transmission hasn't cropped up suddenly and is something that has been a matter of concern for the RBI in ensuring the pass-through of its policy decisions. The matter snowballed in the last few months after the RBI observed that the effects of its rate cuts are not being felt in terms of interest rates coming down.
RBI may cut repo rate by at least 25 bps, says Pankaj Pathak of Quantum Mutual Fund
The banking regulator is expected to go for a sixth consecutive interest rate cut on Thursday, especially after the country's GDP growth dipped to 4.5% in the July-to-September 2019 quarter.
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
HDFC slashes home loan rate by 0.05 per cent
"HDFC reduces its Retail Prime Lending Rate (RPLR) on housing loans, on which its adjustable rate home loans (ARHL) are benchmarked by 5 basis points with effect from January 6, 2020," the mortgage lender said in a statement.
SBI reduces one-year MCLR by 10 bps
According the bank’s press release, this is its eighth consecutive MCLR cut this financial year.
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...
Unable to pay home loan EMIs? Here is what you can do
Banks and NBFCs have the means to recover their dues one way or the other if the loan is not paid by you.
RBI policy surprise: Should you change your mutual fund strategy?
RBI today surprised everyone by keeping the policy rates unchanged, contrary to expectations of 15-25 bps cut.
Fed minutes: Policymakers see rates on hold amid downside risks to US economy
Fed in Dec left interest rates unchanged at their final 2019 meeting following three straight cuts.
Surprise: RBI holds repo, cuts FY20 GDP forecast
Some corporate voices backed RBI’s move but with caveats.
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