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Source: Live Mint The US Federal Reserve’s decision to keep its policy rate unchanged in the 4.25%-4.50% range, along with its guidance for two rate cuts in 2025, has triggered fresh discussions on how central banks across the globe, including the Reserve Bank of India (RBI), will respond. The RBI had initiated the repo rate-cut…
Source: Live Mint MUMBAI, Feb 24 (Reuters) – Indian benchmark bond yield ended little changed on Monday, while shorter-duration bond yield declined, as the central bank’s longer-term liquidity infusion plan and dovish commentary aided sentiment. The benchmark 10-year yield ended at 6.7036%, compared with its previous close of 6.7065%. The members of the rate-setting monetary…
Source: Live Mint As the Reserve Bank of India’s (RBI) monetary policy committee (MPC) cut repo rate by 25 basis points on Friday, it is seen as the start of interest rate cut cycle. Typically, a cut in repo rate is followed by a similar decline in interest levied on loans as well as interest rates offered on…
Source: Live Mint Early this year, the Reserve Bank of India (RBI) is expected to cut down benchmark interest rates (or repo rate). This is also known as repurchase rate i.e., the rate at which the RBI lends money to commercial banks in exchange for government securities. The current repo rate is 6.5 percent. The…
Source: Live Mint Union Finance Minister Nirmala Sitharaman recently hinted at the need to cut interest rates for the sake of growth. In a covert hint, which can be construed as a nudge, she hoped for the lending rates to be more affordable. At an SBI event held in Mumbai on Monday, Ms Sitharaman said…
Source: Business Standard Reserve Bank of India (RBI) is expected to cut interest rates by a modest 50 bps over the next six months. (Photo: Shutterstock) 3 min read Last Updated : Sep 27 2024 | 8:49 AM IST The Reserve Bank of India (RBI) is expected to cut interest rates by a modest…
