New Delhi [India], August 7: In a move widely anticipated by market watchers, the Reserve Bank of India has chosen to maintain the repo rate at 5.5%, following a cumulative 100 bps reduction over the past three Monetary Policy Committee (MPC) meetings. For the real estate sector, this pause
With this revision, interest rates on new home loan sanctions will now start from 7.50 per cent, effective June 19, 2025, coinciding with the company's 36th Foundation Day.
India's benchmark 10-year government bond yield could decline further if the Reserve Bank of India (RBI) announces a policy rate cut of more than 25 basis points in its upcoming monetary policy on June 6, according to a report by Bank of Baroda.
Shriram Ramanathan, CIO, Fixed Income, HSBC Mutual Fund, said, "The RBI MPC managed to meet the market's hefty expectations, by announcing a 25bps repo rate cut along with a change of stance to accommodative. Importantly, the MPC now believes that the headline CPI is aligned on a durable bas
The Reserve Bank of India's (RBI) repo rate is expected to drop by 25 basis points (bps) to 6.00 per cent after the ongoing Monetary Policy Committee (MPC) meeting, according to Goldman Sachs.
India's domestic demand is expected to remain resilient, supported by the personal income tax concessions announced in the 2025 Union budget and the repo rate cut initiated by the Reserve Bank of India, S&P Global Market Intelligence said in a note.
Income tax relief provided for in the Budget coupled with RBI repo rate cut put together will boost recovery in consumption in the economy, asserted Finance Minister Nirmala Sitharaman.
Congress leader Rajeev Shukla on Friday welcomed RBI's decision to reduce repo rate by 25 basis points (bps) to 6.25 per cent and said that it will help trade and industry as loans will get cheaper.
Reserve Bank is expected to cut repo rates in February 2025 and such a decision, it at all taken, is unlikely to be impacted by rupee's weakness against the dollar, asserted SBI Research in a report.
The policy outcome is scheduled to be announced on Friday, December 6. The MPC faces the challenging task of balancing the need to stimulate economic growth amid a slowing economy while keeping inflation under control.
The non-lending financial service companies are better equipped to manage the impacts of rate cuts compared to traditional lending businesses, highlighted a report by Deven Choksey Research.
The deposit growth in the country will decelerate to 11.2 per cent YoY in fiscal year 2025, as banks face slower mobilisation of new deposits, highlights a report by B&K Securities.