Shaktikanta Das
How RBI’s decision to hike repo rate by 25 bps will impact your home loan EMI
Wed, Feb 08, 2023
Reserve Bank of India Governor Shaktikanta Das-led Monetary Policy Committee (MPC) has raised the repo rate by 25 basis points, paving the way for banks and non-banking financial companies to increase interest rates on home, personal and other kinds of loans.
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Aapki Khabar Aapka Fayda: How RBI Repo Rate Hike Will Impact The Consumer? Watch This Special Report
Wed, Feb 08, 2023
Reserve Bank of India increased the repo rate by 25 bps to 6.50 per cent. RBI has hiked the interest rates for the sixth time in a row this year. This will make all types of loans more expensive. Now the big question is, how good is the 'Wait And Watch' situation for home buyers? How appropriate is loan repayment for those who have taken loans? How RBI repo rate hike will impact the consumer? Watch this special report of Aapki Khabar Aapka Fayda.
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Check Out Big Announcements Of RBI Monetary Policy
Wed, Feb 08, 2023
RBI Governor Shaktikanta Das said that a new rule may come for transparency in the penalty charge on the loan. Guidelines will be issued on climate finance risk. RBI will develop secondary market for TRADES. UPI facility will also be started for passengers coming from abroad in India. Reserve Bank of India will launch Coin Vending Machine or QCVM (Coin Vending Machine) working on the basis of QR Code.
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Closing Bell: Sensex hits triple ton, Nifty up 150 points as RBI repo rate hike on expected lines
Wed, Feb 08, 2023
In the 50-stock Nifty50, 38 stocks gained while 12 declined. The top gainers were Adani Enterprises, Adani Ports, HDFC Life, SBI Life and Bajaj Finance while the top losers were Larsen & Toubro, Eicher Motors, Bharti Airtel, Hero MotoCorp and Axis Bank
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RBI Policy: Shaktikanta Das delivers 6th back-to-back rate hike; inflation, GDP projections tweaked
Wed, Feb 08, 2023
RBI Governor Shaktikanta Das on Wednesday announced a hike of 25 basis points in the repo rate, the key interest rate at which it lends money to commercial banks, to 6.5 per cent. This is its sixth back-to-back increase in the key lending rate in the current cycle of monetary tightening.
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Bazaar Aaj Aur Kal: Watch This Video To Know Anil Singhvi's Strategy For Tomorrow's Stock Market
Tue, Feb 07, 2023
Tomorrow Nifty will support between 17,600 to 17,650 ahead of monetary policy and will hold resistance between 17,800 to 17,850 at upper levels. Bank Nifty will support between 41,100 to 41,275 and can go up to 41,725 to 41,950 at upper levels. Indian markets will eye on tomorrow's monetary policy and RBI governor's commentary: Anil Singhvi
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RBI likely to hike key lending rate by 25 bps today; could it spell a pause in increases for now?
Tue, Feb 07, 2023
The RBI is likely to announce a hike of 25 basis points in the repo rate — the benchmark interest rate at which it lends money to commercial banks — to 6.5 per cent, according to a poll of economists by Zee Business. Economists believe the central bank may pause rates for some time after the February 8 action.
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‘Nothing but gambling’: What RBI Governor Shaktikanta Das said on cryptos? Explains how central bank’s digital currency is different
Sat, Jan 14, 2023
“Since we don't allow gambling in our country, and if you want to allow gambling, treat it as gambling and lay down the rules for gambling. But crypto is not a financial product,” Das asserted.
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Pause in rate hike at this juncture could be costly policy error: RBI Governor in MPC meeting
Wed, Dec 21, 2022
At the MPC Meeting this month, Reserve Bank of India (RBI) Governor Shaktikanta Das opined that a premature pause in rate hike at this point could be a costly policy error as the battle against inflation is not over.
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