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7 ArticlesInterestRates

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Primary Articles Inflation Spikes to 17.24%

Whoa. The latest WPI data on primary articles has taken WPI inflation on primary articles to 17.24%. Dangerously, the past revision spikes are reoccurring. ...

RBI Keeps Rates Unchanged; Liquidity Tight

RBI keeps rates unchanged at 6.25% (repo) and 5.25% (reverse repo).  The Statutory Liquidity Ratio (SLR) is down to 24% (down 1%). There’s also a ...

RBI raises Repo to 6%, Rev Repo to 5%

RBI raised interest rates today and both Repo and Reverse Repo went up to 6% and 5% respectively (increase of 0.25% and 0.5%). In their statement: Inflation ...

RBI raises Repo rate by 25 bps to 5.75%

The Reserve Bank of India in its quarterly credit policy meet raised repo rates to 5.75% and reverse repo rates to 4.5%. Repo is what banks pay to borrow from ...

Monthly WPI Inflation at 10.55%, April revised to 11.23%

Wholesale price inflation – the detailed monthly data – shows that June inflation was 10.55%. The revision in the June figure by 4 points pushed April ...

Inflation Still High – 16.08% on food, 18% Fuel

India’s inflation – just primary articles – is at 16.08%. A major concern now is how this data is being corrected. Usually after two weeks a preliminary ...

Ending the Teaser Game, Hiking Rates

ICICI and HDFC hike auto loan rates, end teaser loans for housing loans: country’s two leading private lenders ICICI Bank and HDFC Bank on Thursday raised ...