Search For "basis points"
RBI expected to remain cautious with focus on achieving full growth potent
Updated : 3 years, 1 month ago IST
In the just concluded three-day monetary policy committee meeting, the RBI decided to raise the repo rate, the rate at which the RBI lends money to all commercial banks, by 25 basis points to 6.5 per cent.
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Here's what analysts and experts have to say about RBI's monetary policy
Updated : 3 years, 1 month ago IST
Since May last year, the RBI has increased the short-term lending rate by 250 basis points, including today's, to contain inflation.
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We expect RBI to implement final rate hike in February and change stance
Updated : 3 years, 1 month ago IST
In its December monetary policy committee meeting, the RBI raised the policy repo rate by 35 basis points (bps) to 6.25 per cent.
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Morgan Stanley sees 25 basis points rate hike in next US monetary policy m
Updated : 3 years, 1 month ago IST
The US central bank's policy rate is now in a target range of 4.25-4.50 per cent, the highest level in 15 years, and notably, it was near zero in the early part of 2022.
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Adani Green Energy posts 9 pc surge in solar, 47 pc jump in wind energy sa
Updated : 3 years, 2 months ago IST
Adani Green Energy said this increase in the sale of energy was backed by 150 MW commissioned in Rajasthan in November 2022 and 140 basis points improvement in capacity utilisation factor (CUF).
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Bajaj Finance increases Fixed Deposit Interest Rates by up to 25 Basis Poi
Updated : 3 years, 3 months ago IST
Pune (Maharashtra) [India], December 23 (ANI/NewsVoir): With effect from December 22, 2022, Bajaj Finance, the lending division of Bajaj Finserv Limited, increased its fixed-rate (FD) rates by up to 25 basis points for terms of 12 to 24 months. The updated Bajaj Finance FD rates will apply t
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Bank of England raises bank rate by 50 basis points to 3.5 pc
Updated : 3 years, 3 months ago IST
The Monetary Policy Committee (MPC) of United Kingdom's central bank sets monetary policy to meet the 2 per cent inflation target, and in a way that helps to sustain growth and employment, according to a statement available on bankofengland.co.uk.
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US Federal Reserve raises interest rates by 50 basis points
Updated : 3 years, 3 months ago IST
The Federal Open Market Committee of the Federal Reserve said the new interest rates was approved unanimously. The central bank's policy rate is now in a target of 4.25-4.50 per cent, the highest level in 15 years.
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Policy rate hike may affect EMIs of loans
Updated : 3 years, 3 months ago IST
Bank linked their lending rates with repo rates on various term loans and this change in the repo rate will have an impact on the equated monthly instalment (EMIs) of citizens.
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RBI Monetary Policy Committee hikes policy rate by 35 bps to 6.25 per cent
Updated : 3 years, 3 months ago IST
The Monetary policy committee (MPC), which determines interest rates, opted to raise the policy repo rate by 35 basis points to 6.25 per cent with immediate effect.
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35 basis points repo rate hike looks imminent from RBI policy meet: SBI Re
Updated : 3 years, 3 months ago IST
The SBI Research, in the report, said it believes 6.25 per cent could be the terminal rate in this monetary policy tightening cycle.
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Bank of Baroda expects 25-35 basis points rate hike from Dec 5-7 RBI polic
Updated : 3 years, 3 months ago IST
The Reserve Bank of India's three-day monetary policy committee meeting commences today. Financial markets will be keenly watching the committee's stance as consumer inflation is still above the 6 per cent target band.
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