repo rate
- India
Loan EMIs to rise due to RBI repo rate hike
New Delhi: The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) on Wednesday decided to increase the repo rate by 40 basis points. The hike will lead to an…
- India
RBI hikes repo rate on inflation worries, equities plunge
New Delhi: Reserve Bank of India Governor Shaktikanta Das on Wednesday said that the Monetary Policy Committee (MPC) of the central bank, in an off-cycle meeting, hiked the repo rate by 40…
- Business
RBI keeps interest rates on hold as Covid-19 cases surge
Mumbai: The Reserve Bank of India (RBI) on Wednesday kept key interest rates on hold and maintained an accommodative policy stance to nurture a fragile economic recovery amid a sharp new wave…
- India
Highlights of RBI monetary policy announcements
Mumbai: Following are the highlights of the RBI monetary policy announced by RBI Governor Shaktikanta Das on Friday: Interest rates left unchanged for 4th time in a row;Short-term lending rate (repo) stands at…
- Business
GDP to contract 7.5% this fiscal, says RBI; keeps key rates unchanged
New Delhi: Revising its earlier forecast, the Reserve Bank of India (RBI) on Friday said that the Gross Domestic Product (GDP) is likely to contract 7.5 per cent this fiscal. This is…
- India
RBI slashes repo rate, extends loan moratorium by 3 months
Mumbai: The Reserve Bank of India (RBI) on Friday reduced the repo rate by 40 basis points to 4 per cent and extended the loan repayment moratorium for another three months up…
- Business
Good news for home, car buyers as SBI announces repo rate
The country’s largest lender State Bank of India (SBI) said on Monday it has decided to adopt repo rate as the external benchmark for all floating rate loans for micro, small and…
- Business
Invest in a Bajaj Finance FD to diversify your investment portfolio
Pune: Financial planning is a crucial part of any individual’s life – be it salaried or self-employed. Every financial decision that you take needs to be based on certain life goals one…
- Stock Market
Stocks plunge despite RBI rate cut, financials under pressure
Mumbai: Equity benchmark indices were dragged down by financial stocks in afternoon trade on Thursday even though the Reserve Bank of India (RBI) reduced repo rate by 25 basis points to 5.75…
- India
SBI links interest rates to RBI’s repo rate
Mumbai: Public sector lender State Bank of India (SBI) on Wednesday became the first Indian bank to link its saving and loan interest rates to the Reserve Bank of India (RBI)’s repo…
- India
SBI to link key pricing decisions on saving deposits to repo rate
Mumbai: Lending major SBI on Friday said it will link key pricing decision for savings bank deposits and short term loans to the repo rate of the RBI. According to the lending…
- Business
RBI cuts repo rate by 25 basis points, first cut since Aug 2017
Mumbai: The Reserve Bank of India (RBI) reduced repo rate by 25 basis points to 6.25 per cent on Thursday, in a bid to boost lending and fuel growth before the general…
