Rates raised at RBI’s first mid-quarter review

RBI released its first mid-quarter review of monetary policy today and it did not surprise on any front. As expected rates have been raised and LAF corridor has been further shrunk to 100 bps.

Highlights of the mid-quarter review released on September 16, 2010

Repo Rate hiked by 25 bps to 6%, More >

First quarterly review of monetary policy 2010-11

Highlights of the policy

RBI Governor, Dr D V Subbarao announced the first quarterly review of monetary policy today. The measures taken were quite on the expected lines (Read our article on monetary policy expectations).

Benchmark Repo rates hiked by 25 bps to 5.75% with immediate effect.

Benchmark Reverse Repo rates hiked by 50 More >

RBI raises rates again

As predicted by our analyst Rahul Sonthalia (click here to read) and myself (click here to read) in our earlier articles, RBI has raised the policy rates almost a month before the scheduled 1st quarterly review of monetary policy due at the end of July.

In an after market hour announcement today, RBI raised More >

Weekly G Sec update May 29, 2010

Benchmark 7.8% 2020 bond lost considerable ground in the week due to tightening liquidity conditions arising from the 3G spectrum payment and direction of US treasuries. Yield for the said bond closed at 7.52% on Friday, up 14 bps from close of 7.38% last week.

Bonds were bearish throughout the week More >

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