Posts tagged repo rate
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 >
RBI likely to raise rates in todays monetary policy review
RBI is going to announce the First quarterly review of monetary policy in some time and unlike last time, expectations are quite clear this time. Last time, in April, analysts were divided in opinions about a 25 bps hike or a 50 bps hike or no action by RBI. But 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 >
India Inflation : WPI March 2010
- The WPI for the month of January stood at 9.90% against 1.20% in the corresponding month of the last year. The same figure posted 9.89% in the previous month. The figure released was below market expectationswhich was pegged at around 10.37%
- The figure registered increased at the fastest pace in 17 More >
RBI Raises Repo, Reverse Repo Rates
Before getting into the details, let us first understand -
What is Repo Rate?Definition of Repo Rate: Whenever the banks have any shortage of funds they can borrow it from RBI. Repo rate is the rate at which commercial banks borrow rupees from RBI. A reduction in the repo rate will More >
Monetary Policy and Credit Policy
The Reserve Bank of India announced its second quarter review of monetary/credit policy. Despite the fact that most of the key rates policy rates remained unchanged as expect, the benchmark indices corrected by around 2% with the banking and real estate sectors plummeting the most. This is mainly because of More >
