View: With food and fuel consumer price index surges, it’s time to rethink the inflation target regime
Is inflation targeting right for India, and does it focus on the right target?
Operation Twist IV: RBI buys Rs 10,000 crore bonds, sells Rs 2,950 crore debt
RBI received bids worth Rs 26,887 crore for two securities -- 7...
RBI to hold rates on inflation concerns, fiscal boost likely: Poll
All 42 economists said growth would gradually pick up in the next six mont...
CII suggests easing of certain norms to enhance liquidity for NBFCs, HFCs
Industry body CII on Tuesday recommended easing of certain norms for enhancing liquidity for non-banking financial companies (NBFCs) and housing finance companies (HFCs).
Asia shares camp on high ground, oil up on Libya shutdown
Early turnover in Asian shares was light with US stock and bond markets closed for the Martin Luther King Jr. holiday.
Retail inflation may force RBI to hold rates: Report
The RBI is scheduled to announce its next bi-monthly monetary policy on February 6.
Govt trying to address demand-side problem with supply-side measures: Madan Sabnavis, CARE Ratings
We really think the government will be able to stick to the fiscal deficit in 2021.
Nifty looks exhausted; volumes and velocity get muted ahead of Budget
High inflation acts as a deterrent and, therefore, needs to be addressed.
RBI’s Operation Twist just started and it may be out of bonds
In the operations, it sells short-term debt, while buying longer-duration bonds.
Fed wins year-end repo battle, but war to control rates drags on
It has also been bolstering system reserves through Treasury bill purchases.
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.
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.
High inflation, low growth await new RBI Deputy Governor Michael Patra
Michael Patra will take over as the fourth deputy governor at the RBI and will handle the monetary policy portfolio.
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 at 5.15%, stance remains accommodative
The central bank slashed FY20 real GDP growth projection to 5% from 6.1%.
Copyright © 2020 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service