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ICRR PHASED WITHDRAWAL
RBI: Looking through the liquidity management tea leavesThe RBI's October policy shift to a neutral stance was reflected in its liquidity management since July 2024, with interbank liquidity surp...
Will FD interest rates touch 10%? All eyes on RBI MPC on December 8, 2023A slew of Small Finance Banks (SFBs) already offer 9.2% to 9.5% interest on FDs to senior citizens. Unity Small Finance Bank offers an inte...
India 10-year bond yield sees biggest rise in 14 months on RBI’s OMO sales plan“The timing and quantum of such operations will depend on the evolving liquidity conditions,” Das said. In the last policy meeting, RBI imp...
RBI meet starts: Repo rate to be left unchanged, but cautious tone likely amid inflation risksWhile the repo rate and the stance of “withdrawal of accommodation” may be left unchanged, the tone of the central bank is likely to be sli...
FD rates hike: Will banks increase fixed deposit interest rates now due to higher loan demand?FD rates hike: The bank credit rose 9.1% to Rs 124.5 lakh crore in April-August 2023, while bank deposits surged by 6.6% to Rs 149.2 lakh c...
Deposit rates unlikely to rise with soaring credit demandThe phased withdrawal of the incremental cash reserve ratio (ICRR) between September 9 and October 7 would help banks to meet the festive c...
Further rise in deposit rates unlikely as banks look to protect marginBanks in India are unlikely to engage in a deposit war despite an anticipated increase in credit demand during the festive season. Most len...
NBFCs bracing for a rise in borrowing costsJapanese brokerage Nomura Securities expects cost of funds for NBFCs to increase by 30-40 basis points by December 2023 due to a broad incr...
Economists welcome RBI move to withdraw ICRR in a phased mannerThe Reserve Bank of India's decision to discontinue the Incremental Cash Reserve Ratio (ICRR) in a phased manner is seen as a prudent move ...
SBI MD on YONO 2.0, growth, incremental CRR and more"The impact of incremental CRR differs from one institution to another. The large banks may not have significant impact because most of us,...
RBI may extend incremental cash reserve ratio with tweaks: BankersRBI is considering extending the requirement for banks to maintain additional cash reserves for another two fortnights, in an effort to mai...
MPC Minutes: Excess liquidity on RBI radarIndia's Consumer Price Index inflation surged to a 15-month high of 7.44% in July, shooting past the MPC's tolerance band of 2-6%. The MPC'...