The Reserve Bank of India | Photo Credit: REUTERS All major banks have increased their external benchmark-based lending rates (EBLRs) by 190 basis points in tandem with the hike in the Reserve Bank’s policy repo rate since May this year, though they have been slow in raising the deposit rates. The Reserve Bank of India […]
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RBI decision to increase repo rate will have its impact. RBI decision to increase repo rate will have its impact. The RBI has increased repo rate by 50 bps, the third consecutive rate hike in the last two months, thus signaling an end to the all-time low-interest rates regime. While the move was taken up […]
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The sentiment index for the real estate sector dropped in April-June period due to two rounds of repo rate hike but remained positive, according to Knight Frank India and NAREDCO. The outlook for next six months is optimistic although not as buoyant as it was during the March quarter. As per the Knight Frank-NAREDCO Real […]
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The SBI move follows an off-cycle rate increase by the Reserve Bank of India which hiked the repo rate by 0.40% to 4.40% The SBI move follows an off-cycle rate increase by the Reserve Bank of India which hiked the repo rate by 0.40% to 4.40% The country’s largest lender State Bank of India has […]
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