Calcutta: All eyes will now be on banks to lower their credit and deposit rates after the RBI announced a surprise 50 basis points (0.5 per cent) rate cut in repo rate and lowered cash reserve ratio ...
Rate transmission is important as actions to curb or increase demand are effective only when banks pass on the rate cues to customers. The rate transmission is higher in public sector banks (PSB) than ...
RBI highlights incomplete interest rate transmission affected by rising deposit rates. Bank of India decreases home loan rates. Deputy governors address increasing deposit costs and the transition to ...
Download PDF More Formats on IMF eLibrary Order a Print Copy Create Citation We study the two-way relationship between fixed-rate mortgages (FRMs) and monetary policy in a panel of up to 35 countries ...
This was the second month in a row that transmission by PSBs was higher than its private sector counterparts. In March and April, rate transmission by private sector banks had been faster than PSB, at ...
Download PDF More Formats on IMF eLibrary Order a Print Copy Create Citation This paper studies domestic monetary policy transmission in European countries with a significant share of lending and ...
The fall in India’s consumer price inflation print to 2.82 per cent in May appears to vindicate the Monetary Policy Committee’s (MPC’s) latest stimulative, growth-plus policy. But Governor Sanjay ...
NEW DELHI: The transmission of interest rate cuts typically occurs with a lag, but this time it has been faster," RBI Governor Sanjay Malhotra said during the post-monetary policy press conference.
Loan EMIs: After RBI MPC’s decision to cut repo rate, government officials are actively keeping an eye on banks and lenders ...