Finance blog

RBI MPC

Is the RBI planning another rate cut soon?

The Reserve Bank of India (RBI) may set celebratory crackers bursting even before the onset of the festive season in India this year. This is because several industry experts and economists are anticipating a further cut in repo rates courtesy the apex bank of the country. In a unique trend to spark growth, the RBI […]

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MCLR system may be changed by RBI soon

The RBI (Reserve Bank of India) has stated that the guidelines on MCLR (marginal cost of funds based lending rate) will soon be reviewed and this system may be phased out soon with a new system for calculating lending rates. The MCLR will be done away with only 3 years after being introduced. RBI will […]

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