RBI MPC raises repo rate to 5.50%
RBI’s Monetary Policy Committee raised the policy repo rate to 5.50% and made a split change to the monetary policy stance.
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RBI raises repo rate 25 bps to 5.5%
India’s central bank has begun a new tightening cycle by increasing the repo rate 25 basis points to 5.50%.
RBI raises repo rate to 5.50%
The Reserve Bank of India lifted its repo rate to 5.50%, the first increase since February 2023, prompting expectations of potentially higher bank funding costs.
RBI raises repo rate and shifts to calibrated tightening
The Reserve Bank of India raised the repo rate and shifted its monetary policy stance to calibrated tightening, making it more hawkish while economists expect the current tightening cycle to remain shallow.
RBI rate hike impact: Metal, real estate stocks fall up to 4%; NALCO, Brigade Enterprises lead losses
Metal and realty shares were among the top losers in Wednesday's trading session after the Reserve Bank of India raised the benchmark interest rate by 25 basis points to 5.50 per cent, its first increase in nearly four years, and signalled that further hikes could follow.A higher repo rate raises b…
Kotak Mahindra Bank upgraded to 'buy' by HSBC on loan growth, CEO view
HSBC upgrades Kotak Mahindra Bank to 'buy' from 'hold', raises price target to 520 rupees. Raises loan growth estimates to 21.2% CAGR over FY27-FY29 from 16.7% citing strong underlying growth, consolidation of loan book and deployment of FCNR(B) funds. Notes Anup Saha appointment as MD and CEO.
US Market Close Summary: Tech rebounds into H2; JOLTS confirm labor market solidity
Summary US equity market looked to finish off quarter and month on an up note. Tech did a good portion of the heavy lifting, unwinding some the mega-cap weakness/rotations seen into quarter's end. May JOLTS jobs data jumped up towards 7.6M openings, pushing up Treasury yields marginally. EU CPI readings were broadly co