rbi repo rate

FD rates: These banks have raised their fixed deposit rates in December 2024; check before investment

by
FD rates: These banks have raised their fixed deposit rates in December 2024; check before investment

Fixed Depsit rates: In December 2024, several banks, including Federal Bank, Karnataka Bank, Equitas Small Finance Bank, RBL Bank, and Bank of Maharashtra, changed their fixed deposit interest rates. These changes have implications for the general public’s and senior citizens’ savings. One of the most widely chosen investment options is a fixed deposit, where an individual deposits … Read more

Fixed deposits: YES Bank, Punjab & Sind Bank, Bank of Maharashtra change FD rates for these tenures

by
Fixed deposits: YES Bank, Punjab & Sind Bank, Bank of Maharashtra change FD rates for these tenures

Fixed deposit rates: Despite the ongoing fluctuations in the global financial landscape, fixed deposits (FDs) remain a favoured option for conservative investors in India who prioritise stability and reliable returns. Whether aiming for short-term parking of funds or strategizing for long-term investments, numerous banks in the country offer appealing fixed deposit rates. A fixed deposit … Read more

Fixed Deposits rates: These banks have hiked FD rates ahead of RBI MPC meeting next week. Check rates, tenures to invest

by
Fixed Deposits rates: These banks have hiked FD rates ahead of RBI MPC meeting next week. Check rates, tenures to invest

Several banks have floated new fixed deposit schemes and revised the earlier rates ahead of the Reserve Bank of India’s Monetary Policy Meeting to be held next week. The RBI’s MPC will start on June 5, just a day after the Lok Sabha election results would be announced.  The experts’ committee of six members responsible … Read more

India still better investment destination; debt as an asset class is also looking lucrative now

by
India still better investment destination; debt as an asset class is also looking lucrative now

Recently, the globe went through an international banking crisis. I covered the reasons behind this crisis situation in my previous article. In that context and especially in the context of the failure of SVB Bank in San Francisco, the 16th largest Bank in the US, the current policy outcome of a pause in rate hike … Read more

RBI to hike repo rate by 50 basis points, lower FY23 growth to 7 pc in June review: Barclays

by
RBI to hike repo rate by 50 basis points, lower FY23 growth to 7 pc in June review: Barclays

Mumbai: The Reserve Bank will opt for a larger, 0.50 per cent, hike in key rates at its next monetary policy review in June to protect medium term economic stability in face of the uncomfortable inflation situation, a British brokerage said on Thursday. The central bank will likely revise its inflation estimate to 6.2-6.5 per … Read more

Nomura sees 40 bps reverse repo hike as CPI seen rising, growth recovering despite Omicron

by
Nomura sees 40 bps reverse repo hike as CPI seen rising, growth recovering despite Omicron

NEW DELHI: India’s GDP growth in July-September reflects a rapid rebound in the economy from the lows of the deadly second wave of the COVID-19 pandemic, but looking ahead the outlook is mixed as improving mobility may be offset by supply-side bottlenecks and signs of weakness in demand for mass consumption goods, Nomura wrote in … Read more