It’s a total of 110 bps cut in repo rates cumulatively since Aug 18, and also currently at a 9-year low, which may force banks to cut lending rates further
Read MoreEmphasizing on data in a machine-readable format, the Economic Survey today shed light on interesting applications of data and how it can benefit individuals in their financial life
Read MoreState Bank of India has linked its loan and deposit rates to the Reserve Bank of India repo rate from May 1, which means any cut in repo rate would immediately get translated into lower interest rates
Read MoreAlthough the repo rate has been cut, it’s not clear if this will mean lower lending rates as banks are still struggling with deposits. RBI governor has stated it will prod banks
Read MoreIn an exclusive interview, Iyer says fixed income markets are stabilising post the credit crisis, which is also aided by easing liquidity in the banking system
Read MoreRBI has announced a new tool for liquidity creation and decided to inject rupee liquidity for 3 years through long-term foreign exchange Buy/Sell swap. What is its impact on bond markets?
Read MoreSBI has decided to link interest rates on savings bank deposits and short term loans to the repo rate set by the RBI, which will be transmitted immediately
Read MoreRBI has issued guidelines for tokenization which is aimed at masking the actual card details when conducting payment transactions either online or even in physical stores
Read MoreEven though it indeed improves transparency for the consumers, it may add a volatility component as the yields of market indices vary on a daily basis
Read More