Repo rate hike by 35 bps

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Deal Subedar
pranavcool

So now we can see 7.5% interest rates on major banks? Why banks giving less hike on long years like 5 to 10 y but till 3 y it's their max interest rates

https://indianexpress.com/article/business/econ...


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Generous Generous
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Suryoday giving 9+ on 5yrs. Offer valid till 20 dec.

IMG-20221206-WA0004

Helpful Helpful
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ye bank doobega toh samjo ho gaya kaam
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Deal Cadet Deal Cadet
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Stay away from suryoday. Ye bina pan card ke ladies ko loan deta hai vo bhi garib ladies ko. Aage aap samajdar ho.
Pro DealBaba Pro DealBaba
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Rbl 7.55 for 15 months

Deal Subedar Deal Subedar
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yahi dikkat hai long pe de nhi rhi banks itna
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Generous Generous
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Deposit rates are peaking for 3 year FDs simply because banks can/have estimated that repo rate/ loan rate will not decline for atleast 2-3 years. Its very difficult & risky to predict interest rate scenario for long term.. say 5 to 10 years.

Therefore banks are being rightfully cautious & offering higher rates for time period till which they can predict business cycle & interest rates.

Analyst Analyst
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It will increase further more as situation will be worsen. Expected 15-30 bps more

Tech Guru Tech Guru
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Why banks giving less hike on long years like 5 to 10 y but till 3 y it's their max interest rates

Because it ll be super detrimental to do business. 🙂

Finance Mentor Finance Mentor
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HDFC revised wef 14/12/22 @ 7% for 15 months or more...

Looks like finally the time to book. Link :https://www.hdfcbank.com/personal/resources...es

I see it is the same for 15months upto 10yrs, so they might not be looking to increase further in Feb or March...

Please give your views, want to book today...

Deal Subedar Deal Subedar
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Us fed increased so will indian Banks

Finance Mentor Finance Mentor
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How about the query regarding if HDFC is intending to freeze rates, hence using a long 15m-10yr tenure for 7% ?

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