Basis points | Basis points News | Basis points Photos

Web Sify

Sify.com » Topics » Basis points

Basis points News

RBI likely to hold rates if rupee fall has muted impact

A Seshan: Now, time for an SLR cut
Before the Reserve Bank of India's (RBI's) annual monetary policy announcement, I had recommended a reduction in the statutory liquidity ratio (SLR) by 100 to 200 basis points to improve the liquidity in the system without affecting the money supply. The suggestion was made because, even though the system had surplus SLR, it was unevenly distributed as a result of which those with excess securities

Earn less, pay more

After months of expectations that a rate cut was on the anvil, the Reserve Bank of India (RBI) finally took the plunge last week by cutting the repo rate by 50 basis points - quite a pleasant surprise

more

Markets price in repo cuts in July, Oct: BarCap

Barclays Capital said current spreads between India's call fixing and repo rate reflects market pricing for a 25 basis points cut in July, followed by one in October. This spread is unlikely to ease

more

SBI aims for higher credit, deposit growth

The State Bank of India, aims to up 20-22 per cent in credit and 25 per cent in deposit growth in the current financial year, way above the performance of last year that had seen a mere 15-16 per cent

more

Loans set to get cheaper, deposits to earn less

Get ready to pay lower loan instalments. Banks are gearing to pare their lending and deposit rates, a day after the Reserve Bank of India (RBI) signalled a reversal in the interest rate regime by

more

Interest rates to go down but not immediately, say top banks

The Reserve Bank of India's (RBI) move Tuesday to cut key rates for the first time in three years by a sharp 50 basis points will provide the much needed respite to consumers as top banks said

more

Basis points Galleries