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Dovish RBI lifts bonds, yields at 18-month low

Dovish RBI lifts bonds, yields at 18-month low What cheered the markets was the announcement of a committee to review the liquidity management framework. Indian bonds continued their rally on Thursday surprised by the shift in the change in the Reserve Bank of India’s stance to ‘accommodative’ from ‘neutral’, a more dovish monetary policy than expected. […]

RBI rates | MCLR: Good news for borrowers: RBI to link interest rates to external benchmarks replacing MCLR
International Market

Good news for borrowers: RBI to interface loan fees to outer benchmarks supplanting MCLR

Good news for borrowers: RBI to interface loan fees to outer benchmarks supplanting MCLR : Borrowers can celebrate as the Reserve Bank of India (RBI) has recommended that banks will currently need to interface the financing costs charged by them on various classes of advances to the outer benchmarks rather than the directly utilized inside […]

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