trending Market Intelligence /marketintelligence/en/news-insights/trending/HOhXlMfON-lnpSboh-VAiQ2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Reserve Bank of India cuts rates

Street Talk Episode 68 - As many investors zig away from bank stocks, 2 vets in the space zag toward them

Street Talk Episode 66 - Community banks tap the debt markets while the getting is good

Street Talk Episode 67 - Veteran investor tabs Mick Mulvaney to help with latest financial stock-focused fund

Street Talk Episode 65 - Deferral practices trap US bank portfolios in purgatory


Reserve Bank of India cuts rates

The ReserveBank of India on April 5 decided to cut the policy repo rate under the liquidityadjustment facility by 25 basis points to 6.5%.

The central bank also reduced the minimum daily maintenanceof the cash reserve ratio to 90% of the requirement from 95%, effective April16. The cash reserve ratio was kept at 4% of the net demand and timeliabilities.

The regulator also said it will continue to offer liquidityas needed but will progressively lower the average ex ante liquidity deficit inthe system from 1% of net demand and time liabilities to a position closer toneutrality.

At the same time, the bank decided to narrow the policy ratecorridor to plus or minus 50 basis points from plus or minus 100 basis pointsby cutting the marginal standing facility rate by 75 basis points andincreasing the reverse repo rate by 25 basis points. The move aims to ensurefiner alignment of the weighted average call rate with the repo rate.

The reverse repo rate under the liquidity adjustmentfacility was adjusted to 6%, while the marginal standing facility was adjustedto 7%. The bank rate also stands at 7%.