RBI might cut the rate by 25-30 BPS. Let's wait and see what happens next.
0 replies7 likes
Rabbul Hussian
Hey I am on Medialย โขย 24d
The Reserve Bank of India (RBI) reduced the repo rate by 25 basis points to 6.25%, the first rate cut in nearly five years.
What is the repo rate?
Itโs the rate at which the RBI lends money to commercial banks. A lower repo rate means cheaper loans
Hello Everyone ๐๏ธ,
FED is now trying to cut their interest rates from 5.5% to maybe 3-4% . Now , Inflation is in control so that they will cut fed rates till June .
Due to this , companies don't have high interest on loans so that I think recession
See More
1 replies8 likes
Rohan Saha
FOUNDER - BURN INVES...ย โขย 3m
i think the RBI might cut its rates next season because companies earnings this season have been very poor. Itโs the lowest in the last four years, and this is currently one of the biggest concerns for the Indian market.
Story of RBI:
RBI: โLetโs call all the big players, discuss how we can pick up user adoptionโ
*It actually happens*
RBI: โtime to ban their licenseโ
7 replies12 likes
Rohan Saha
FOUNDER - BURN INVES...ย โขย 5m
Last week, when the news broke that the Fed might cut interest rates, the subsequent rally in our market left no room for further gains. It was unlikely to see a 1-2% return in just one day, and there hasn't been any significant inflow from FIIs. Tha
About Rates in the market...
To strike a balance in market, the RBI has to consider all economic factors and carefully set the key rates. Any imbalance in these rates can lead to economic chaos:
1)Repo Rate:-The rate at which RBI lends money to oth
"RBI Expected to Cut Repo Rate by 25 Basis Points to 6.25% in December Amid Concerns Over Volatile Food Prices"
"RBI Likely to Cut Key Policy Rate by 25 Basis Points to 6.25% in December as Inflation Expected to Ease, Aiming to Boost Economic Growth
The Reserve Bank of India (RBI) cut the repo rate by 25 basis points to 6.25%.
This is the first rate cut in five years, with the last one occurring in May 2020.