RBI Monetary Policy on Wednesday: Central bank will hike repo rate by 25 basis points, say brokerages

<ul><li>The central bank had raised the key rate by 35 basis points (bps) in the December policy after delivering three consecutive hikes of 50 bps.</li></ul>

Indian banks may need to lift deposit rates as credit demand surges: RBI report

<ul><li>The Reserve Bank of India (RBI) has raised rates aggressively this year to tame inflation. While banks have swiftly transmitted the hikes to their lending rates, deposit rates have been laggards for most.</li></ul>

Indian bond yields seen higher on demand concerns, RBI rate hike

The benchmark Indian 10-year government bond yield is seen in a 7.37%-7.42% band, a trader with a private bank said. The yield ended at 7.3984% on Friday. It fell five basis points in July-September, posting its first quarterly drop after rising 140 bps in last four quarters.

India spending forex reserves at quicker pace than during taper tantrum

The Reserve Bank of India has sold a net of $38.8 billion from its forex reserves between January and July this year, data released on Friday showed.

Banks, financial markets strong enough to withstand extreme volatility: Reserve Bank Governor Shaktikanta Das

Taking the markets by surprise, US Fed chair Jerome Powell had told the annual Jackson Hole summit of central bankers and economists last week that he would have to keep raising federal fund rates to tame inflation, which remains the biggest challenge to the world's largest economy.

Issued a cheque recently? This is how ‘positive pay’ benefits you

Banks have enforced PPS to mitigate the chances of cheque frauds and related transactions.

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RBI Monetary Policy on Wednesday: Central bank will hike repo rate by 25 basis points, say brokerages

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