Welcome, Guest
Email Password: Remember me

Rate Cut by RBI
(1 viewing) (1) Guest
Finance
  • Page:
  • 1

TOPIC: Rate Cut by RBI

Rate Cut by RBI 4 years, 7 months ago #1070

  • mansin
  • OFFLINE
  • Expert
  • Posts: 97
  • Karma: 3
In the recent quarterly review, RBI cut the repo rated by 50 bps. Many of the pundits are saying that this is not a right a move at this juncture. After this cut, we have already seen the volatility in the exchange rate.
Last Edit: 4 years, 7 months ago by mansin.

Re: Rate Cut by RBI 4 years, 7 months ago #1072

I believe its a right move by RBI. Our GDP was slowing down. The recent estimates showing it at 6.9%. Hence it was essential to give a boost which RBI did by slashing the Repo rate.

Re: Rate Cut by RBI 4 years, 7 months ago #1080

its a good news for the home loan borrowers. The home loan rates may come down..

Re: Rate Cut by RBI 4 years, 7 months ago #1086

As the interest rates have been reduced, the exchange rate may begin the slide due to slowing inflows and the great demand for the dollar to repay overseas loans and imports. It may also lead to rise in current account deficit which may go past 4% of GDP
  • Page:
  • 1
Time to create page: 0.20 seconds