July 05, 2025 06:20 am (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Vijay named as TVK's CM face for upcoming Tamil Nadu polls | India says only Dalai Lama can decide his successor, China responds with warning | Pakistan had 30-45 seconds to respond: Shehbaz Sharif's aide on India's BrahMos attack during Op. Sindoor | Calcutta HC orders closure of all Bengal college union rooms until fresh elections in wake of Kolkata rape case | ‘We will cross that bridge when we come to it’: Jaishankar’s response on US bill proposing 500% tariffs | 'We slapped because of his attitude': MNS worker justifies assault on shopkeeper for not speaking Marathi | 'Marathi will have to be spoken in Maharashtra': State minister after MNS workers' assault on shopkeeper | PM Modi conferred with 'The Officer of the Order of the Star of Ghana' | Three Indian nationals abducted in Al-Qaeda-linked group's attack in Mali, MEA expresses 'deep concern' | Pune woman raped by man posing as delivery boy, police probe on
RBI reverse repo rate

RBI may hike reverse repo rate up to 0.25 pc in next week's policy, says report

| @indiablooms | Feb 04, 2022, at 06:36 am

New Delhi/IBNS: The Reserve Bank of India (RBI) may raise the reverse repo rate at which it borrows money from the banks by up to 0.25 percent and leave the repo rate at which it lends money to the banks untouched, according to a British brokerage said on Thursday.

"Growth concerns amid spread of the Omicron variant and relatively benign inflation out-turns provide the RBI with enough room to maintain its growth-supportive monetary policies," analysts at Barclays said, ahead of the resolution announcement next week, reported news agency PTI.

According to the report several analystas have also said a rate hike is possible. This comes after the government announced a hike in borrowing in the budget for the upcoming financial year on Tuesday.

The RBI will hike the reverse repo rate by 0.20-0.25 per cent, given its liquidity management actions, Barclays said, the report stated.

Barclays said the budget's focus on capital expenditure is expected to provide a back-loaded fiscal impulse to the economy and does not change the macro backdrop, which includes concerns on inflation.

It said that the inflationary pressures are unlikely to intensify before the state elections in March.

 

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.
Related Videos
RBI announces repo rate cut Jun 06, 2025, at 10:51 am
FM Nirmala Sitharaman presents Budget 2025 Feb 01, 2025, at 03:45 pm
Nirmala Sitharaman on Budget 2024 Jul 23, 2024, at 09:30 pm
Close menu