policy review

Derivatives market hints at rate cuts from January

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Derivatives market hints at rate cuts from January

Mumbai: India’s derivatives market for rate products is penciling in reductions in the cost of funds, beginning perhaps early 2024, even though the central bank has repeatedly stressed last week’s ‘pause’ in rate action applied to that policy review only. Overnight indexed swap (OIS) rates, used to hedge interest-rate risks in Asia’s third-biggest economy, are … Read more

RBI likely to keep key rates unchanged in first policy review after Budget 2022

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RBI likely to keep key rates unchanged in first policy review after Budget 2022

The Reserve Bank of India (RBI) is likely to keep key policy rates, including repo and reverse repo rates, unchanged in its monetary policy review to be announced on Thursday in the backdrop of Union Budget 2022-23 and growing inflationary concerns. The six-member Monetary Policy Committee headed by Reserve Bank of India Governor Shaktikanta Das … Read more