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ICRR PHASED WITHDRAWAL
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...
04 Oct, 2023, 04.16 PM IST
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...
16 Sep, 2023, 11.44 AM IST
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...
12 Sep, 2023, 12.12 AM IST
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...
11 Sep, 2023, 07.49 PM IST
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...
09 Sep, 2023, 08.03 AM IST
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 ...
08 Sep, 2023, 04.28 PM IST
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,...
06 Sep, 2023, 03.59 PM IST
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...
06 Sep, 2023, 11.01 AM IST
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'...
25 Aug, 2023, 06.48 AM IST