RBI had already requested banks and non-bank financiers to strengthen their underwriting standards and to step up their collection efforts so that the stress does not translate into bad loans.
3 min read06:59 PM ISTNifty 50 ended the session with a minor loss of 0.12% at 24,677 but posted a sharp weekly gain of 2.27%. Meanwhile, the Sensex closed with a slight drop of 0.07% at 81,709, wrapping up the week with a notable uptick of 2.39%.
3 min read04:49 PM ISTReal estate experts urge the RBI to lower interest rates to boost sluggish sales and relieve borrowing costs. With high home loan rates and rising prices, housing demand has moderated, particularly in affordable segments.
5 min read02:48 PM ISTA rate pivot seems round the corner and the sequencing has been cogent. Reserve Bank of India (RBI) changed stance in October. Now it has cut the cash reserve ratio (CRR). Logically, February should see a repo rate cut, provided inflation looks acceptable.
1 min read01:42 PM ISTFollowing RBI’s decision to maintain the repo rate at 6.5%, mixed reactions were observed in rate-sensitive sectors. While banks and financial services saw gains, Nifty Realty declined. The CRR cut is expected to enhance liquidity, supporting economic growth and stability in the housing market.
4 min read11:53 AM ISTThe Reserve Bank of India decided to cut the case reserve ratio by 50 basis points to 4% on Friday, December 6.
1 min read10:47 AM ISTRBI Monetary Policy: RBI kept the repo rate unchanged for the 11th consecutive meeting. It revised inflation estimates for FY25 upwards and GDP growth estimates downwards.
3 min read11:18 AM ISTRBI Monetary Policy: The three-day RBI MPC meeting, which began on December 4, concluded today.
3 min read10:09 AM ISTRBI Monetary Policy Meeting Highlights: The Monetary Policy Committee (MPC) led by RBI Governor Shaktikanta Das left the benchmark repo rate unchanged at 6.5% and policy stance ‘Neutral’. MPC also slashed the CRR by 50 bps to 4%.
28 min read04:20 PM ISTRBI MPC verdict today: Some economists expect a CRR reduction to benefit banks, while others anticipate a status quo in the December meeting and an interest rate cut in February.
3 min read06:13 AM ISTThe Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared