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RBI will not hike rates for the next 2 quarters: SBI MD CS Setty

Challa Sreenivasulu Setty, managing director of SBI, said the Reserve Bank of India (RBI) will not raise interest rates in the next 2 quarters. Edited excerpts: Do you expect a drawdown in credit due to continued liquidity easing? The RBI governor also spoke about the discussion paper on fees for payment systems. Given that you […]

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Will the RBI raise its rates today? Strategy for debt fund investors

The Reserve Bank of India’s monetary policy committee meets to decide on the future development of interest rates in the country. However, most money market analysts believe the MPC would keep policy rates unchanged tomorrow due to the uncertainties presented by the spread of the omicron virus. Some debt mutual fund managers believe worries about […]

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Bank of England to review Omicron and raise rates this month

thursday 02 december 2021 15:01 With the emergence of the Omicron variant leaving the specter of the coronavirus hanging over the country, it’s fair to say that the UK economy is not out of the woods just yet (Photo by Leon Neal / Getty Images) The Bank of England will go ahead and hike interest […]

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HDFC and Bajaj Finance raise rates on long-term deposits ahead of RBI meeting

In a move that could provide savers some breathing space, two of the largest non-bank lenders, HDFC Ltd and Bajaj Finance, have raised their long-term deposit rates ahead of the Reserve Bank of India’s monetary policy meeting (RBI ), as a sign that the rate cycle may be turning. India’s largest mortgage lender HDFC Ltd […]

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Massive inflation will likely push Fed to hike rates 6 times: Federated

A long-standing bull market tempers its outlook due to inflation. Phil Orlando of Federated Hermes expects the Federal Reserve to hike interest rates six times over the next two years to contain massive price increases from vehicles to shelters to food. “Our best guess is that we’ll see two-quarter-point rate hikes from the Fed in […]

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Marine P&I clubs invited to increase their rates

Marine protection and compensation clubs must increase tariffs for shipowners amid an increase in claims in the industry, the London-based UK P&I Club said on Wednesday. The comments came as the UK P&I Club confirmed that its rating had been downgraded from A to A- by the rating agency Standard & Poor’s Global. Unsustainable premium […]