Housing market to remain buoyant with RBI keeping key interest rate unchanged: Realtors

<ul><li>The Reserve Bank of India (RBI) on Thursday decided to keep the repo rate unchanged at 6.5 per cent.</li></ul>

Market Wrap: Sensex, Nifty snap 4-day rally amid profit-taking; auto, bank stocks fall

<ul><li>After remaining in the positive territory for the most part of the session, the 30-share BSE Sensex fell 294.32 points or 0.47 per cent to settle at 62,848.64. The NSE Nifty declined 91.85 points or 0.49 per cent to end at 18,634.55.</li></ul>

RBI likely to hit the 'pause button' on interest rate hikes; here’s what analysts have to say

Analysts predict the Central Bank to maintain the policy repo rate of 6.5% at its upcoming Monetary Policy Committee meeting on June 08, 2023, due to the lowering of the retail inflation rate.

RBI Policy: It's just a pause, not a cut; what should your market strategy be?

RBI surprised the markets by taking a pause on rate hikes despite the headline inflation staying well above 6 percent in the previous two months. However, it kept the options open for itself while maintaining the 'withdrawal of accommodation' stance.

What is the impact of repo rate on returns of fixed income instruments? An explainer

When interest rates rise, bond prices tend to fall and vice versa. At the same time, interest rates on fixed deposits rise in tandem.

RBI Monetary Policy: 6 key highlights from the central bank's MPC meet

<ul><li>RBI Governor Shaktikanta Das did emphasise that the MPC's choice to hold the repo rate steady is only valid for this meeting.</li></ul>

Bank of Maharashtra surges 3.5% on positive business update, RBI rate hike pause

Bank of Maharashtra's gross advances for the quarter ending March 2023 rose 30% to  <span class='webrupee'>₹</span>1.75 lakh crore, while total deposits rose 15.7% to  <span class='webrupee'>₹</span>2.34 lakh crore. The stock has increased by nearly 84 percent in the last five years.

Indian rupee strengthens against US dollar after RBI keeps repo rate unchanged

The Indian currency initially opened at 81.92 against the US dollar, and although it briefly weakened to 82.04, it later strengthened to 81.86 following the announcement by the RBI on rate hike pause.

RBI Policy: Home loan borrowers heave a sigh of relief as Governor presses pause button on rate hike

After raising the repo rate for six consecutive times, banking regulator paused the rate hike trajectory, at least for the time being. This effectively means home loan EMIs would not increase in the immediate future.

RBI hikes repo rate for 6th time in a row: What market experts make of the policy decision

Most brokerages remain satisfied with the announcement as it was on expected lines. Let's take a look at what market experts have to say about this policy.

Top Rbi Policy News

markets

Housing market to remain buoyant with RBI keeping key interest rate unchanged: Realtors

markets

personal finance

markets