Page 2 - Policy Repo Rate

Bank of Baroda to increase MCLR rates by up to 0.2% from August 12

The interest rate hike comes after the Reserve Bank of India's (RBI's) six-member monetary policy committee (MPC) raised the benchmark repo rate by another 50 bps to 5.40 per cent last week

What to expect from the RBI's upcoming monetary policy announcement?

In the last policy announcement on June 8, the Reserve Bank of India (RBI) announced a repo rate hike of 50 basis points to take the rate from 4.4 per cent to 4.90 per cent

RBI to hike rates by 0.35%-0.5% at Aug 5 review: Axis Bank chief economist

The Reserve Bank's rate setting panel will hike the key repo rate by 0.35-0.50 per cent at the next week's review meeting, Axis Bank chief economist Saugata Bhattacharya said on Thursday. A hike of such a quantum will take the repo rate beyond the 5.15 per cent level, at which the RBI had begun the ultra-accommodative measures in the face of the COVID-19 pandemic, he told reporters. It can be noted that the monetary policy committee (MPC) has hiked rates in two consecutive moves in May and June by a cumulative 0.90 per cent, taking the repo rate at which it lends to the system to 4.90 per cent, in a bid to contain inflation. Bhattacharya said the MPC will go into the internal surveys like household inflation expectations and consumer confidence while deciding the quantum of the rate hike. He said the rate hike will be both an attempt to stem inflation expectations, and also one part of it will be a frontloading of actions. A majority of developed world central banks like the US Fe

EMIs to soar: Here's how much repo rate hike will pinch home loan borrowers

RBI's repo rate hike spells bad news for those who were looking to buy a home and also for those who are paying their EMIs

Linking loan rates to external benchmark boosts RBI policy transmission

In response to each policy rate cut by the central bank, the bond market passed on the cuts almost immediately

Repo rate expected to remain unchanged in fiscal 2022: Emkay Global

Reserve Bank of India's repo rate is expected to remain unchanged during FY22, said Emkay Global in a report.

RBI monetary policy announcements: Highlights and key takeaways

This is the fourth time in a row that MPC has decided to keep the policy rate unchanged at 4%. The central bank had slashed the repo rate by 115 basis points since late March 2020 to support growth

Will RBI MPC hold or cut rates? Your most pressing questions answered

Given inflation pressure, there is no doubt that it would be difficult for the MPC to cut rates in the near-term

RBI gives exporters, importers liquidity and more time amid Covid-19 crisis

RBI took cognizance of the difficult situation amid the global coronavirus crisis and announced a number of measures for the export and import sector

RBI buttresses earlier position forcefully; economic forecasts conservative

The central bank cut the repo rate by 40 bps to 4% and the reverse repo rate was brought down to 3.35%

Monetary Policy: Reserve Bank picked a heck of a time to slow things down

If Reserve Bank's rate cut pause has shocked you, blame it on inflation

As banks turn immune to monetary policy, QE may save the day for RBI

If the central bank views asset purchases as a way to influence the waning quantity of money, then it should act now. Doing so may well save the day

Time to formally link rates to repo, says RBI Governor Shaktikanta Das

Shaktikanta Das likely to initiate required steps in coming weeks

RBI monetary policy review: Signalling only via rate cuts is not enough

Past evidence has proven that transmission works best when there is positive banking system liquidity during rate cuts and tight liquidity during rate hikes

Surprise element

The Reserve Bank of India (RBI) while not tinkering with the key policy repo rate