Macroeconomics

    22 pages carry this tag.

    Analysis

    A brick wall painted with the words: until debt tear us apart
    Economic analysis

    What a 25bps RBI Hike Does to a Levered Company

    On 7 October 2026, the RBI raised its policy rate by 25 basis points. For most companies that is a rounding error. For a heavily indebted one, it is the start of a much bigger story.

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    Concept Guides

    Concept Guide

    Debt markets and yield curves

    India's debt market from G-secs, SDLs and T-bills to corporate bonds, commercial paper and CDs, and what the shape of the yield curve signals.

    10 min readRead more

    Calculators

    News & Trends

    Markets news

    Nifty 50 fundamentals

    Fundamental snapshot of Nifty 50 constituents: market cap, P/E, P/B, ROE, debt to equity, and dividend yield, sortable by sector.

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    Glossary

    Glossary

    Repo rate

    The interest rate at which the Reserve Bank of India lends short-term money to banks against government securities. It is the RBI's main policy rate, set by the Monetary Policy Committee.

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    Glossary

    Reverse repo rate

    The rate at which banks park surplus funds with the RBI. Together with the repo rate it forms the corridor within which overnight market rates move.

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    Glossary

    CPI inflation

    The rate of change in the prices of a consumption basket of goods and services. India's monetary policy targets CPI inflation at 4%, within a 2 to 6% band.

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    Glossary

    WPI

    An index of prices at the wholesale level, weighted toward manufactured goods and commodities. It often diverges from CPI, which tracks consumer prices.

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    Glossary

    GDP growth

    The rate of change in the total value of goods and services produced in the economy, reported quarterly in real (inflation-adjusted) terms.

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    Glossary

    Fiscal deficit

    The gap between government spending and its revenues, financed by borrowing. Expressed as a percentage of GDP in the Union Budget.

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    Glossary

    Current account deficit

    The shortfall between a country's foreign earnings (exports, remittances) and foreign spending (imports). A persistent CAD must be financed by foreign capital inflows.

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    Glossary

    CRR

    The percentage of a bank's net demand and time liabilities, mostly its deposits, that it must hold as cash balances with the Reserve Bank of India. The RBI pays no interest on these balances.

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    Glossary

    SLR

    The share of deposits banks must invest in approved securities, chiefly government bonds. It ensures bank liquidity and a captive market for government debt.

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    Glossary

    Basis point

    One hundredth of a percentage point. Interest rates, yields, spreads, and expense ratios are quoted in basis points to avoid ambiguity.

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    Related topics: Valuation, DCF, Relative valuation, Cost of capital, Financial statements, Cash flow, Earnings quality, Red flags