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News
RBI repo rate
RBI repo rate News
Reserve Bank of India
18 Sep 2024
Will Your EMIs Get Cheaper This Year? SBI Chief CS Setty Says This
The RBI kept the repo rate unchanged at 6.5 percent in its August bi-monthly review amid risks from higher food inflation.
RBI Monetary policy review
08 Feb 2024
RBI to present monetary policy review
RBI Inflation Projection
06 Apr 2023
RBI Cuts India's Inflation To 5.2 % For FY 2023-24
Retail inflation has remained above the RBI's upper tolerance level of 6 per cent for two months and in February it was 6.44 per cent.
RBI GDP Projection
06 Apr 2023
RBI Slightly Increases India's GDP Growth Projection to 6.5 %
Asian Development Bank also expects India's economic growth to moderate to 6.4 per cent due to tight monetary conditions and elevated oil prices, as compared to 6.8 per cent expansion for the financial year ended March 2023.
RBI repo rate
05 Apr 2023
RBI Likely To Announce Another Repo Rate Hike Tomorrow To Manage Inflation
Raising interest rates is a monetary policy instrument that typically helps suppress demand in the economy, thereby helping the inflation rate decline.
RBI repo rate
12 May 2022
RBI could hike repo rate by another 1% in FY23: Report
Crisil's research wing said it now expects the average consumer price inflation for FY23 to come at 6.3 per cent. The RBI hiked its key rate by 0.40 per cent in a surprise move last week.
public sector banks
12 Mar 2019
Banks in no hurry to link repo with interest rates
Also, several PSU banks have not responded when asked if they planned to go for the external benchmark linking with repo rate.
State Bank of India
08 Mar 2019
In a first, SBI links pricing of loans, deposits to repo rate
The new rates linked the external benchmark rate of the repo rate, will be effective May 1, the bank said in a late evening statement.
RBI
22 Oct 2018
RBI likely to stay on hold for rest of FY'19 : Report
In the policy review meet earlier this month, majority of RBI's six-member MPC favoured to keep the key repo rate unchanged.
RBI
03 Oct 2018
RBI rate-setting panel begins three-day meet
After two successive hikes, the repo rate currently stands at 6.50 percent.
RBI
01 Aug 2018
RBI hikes repo rate by 25 basis points to 6.50%, maintains neutral stance
This is the first time since October 2013 that the central bank has hiked borrowing costs at two consecutive policy meetings.
RBI
06 Jun 2018
Loans to become costlier, RBI hikes key policy rates for first time in 4 years
On the basis of an assessment of the current and evolving macroeconomic situation at its meeting today, the 6-member Monetary Policy Committee (MPC) decided to hike the rates.
RBI interest rates
03 May 2018
Interest rates unlikely to go up further: DEA Secy
Acharya was of the view that the central bank should wait for some more time before withdrawing monetary accommodation.
Reserve Bank of India
25 Apr 2018
RBI to hike rates in June policy: Report
The six-member MPC, headed by RBI Governor Urjit Patel, had left the benchmark repo rate unchanged for the third time in a row after deliberations on April 4-5, citing inflationary concerns.
RBI rate cut
23 Sep 2017
Scope for further rate cut by RBI: Finance Ministry
Asserting that the slowdown in the manufacturing sector is due to various reasons, the official said the response has to be from across the board, including interest rate, exchange rate for boosting the manufacturing sector.
RBI
13 Jan 2017
RBI may cut repo rate by 0.25% in February: HSBC report
With uncertanity over implementation of GST, rising crude oil prices and the challenging 4 percent CPI in medium term, Reserve Bank may cut repo rate for the final time by a 25 basis points in the February policy, says a report.
RBI
02 Dec 2016
RBI to announce monetary policy decision on Wednesday
The Reserve Bank will come out with monetary policy review, the first after demonetisation of old Rs 500/1000 notes, on Wednesday amid expectations of interest rate cut.
Rate cut
10 Oct 2016
SBI says 'consistently' passed on RBI's rate cut to borrowers
Country's largest lender SBI on Monday said it has consistently passed on RBI's rate cuts to borrowers and would further reduce the lending rate in the near term, benefiting auto and home loan seekers.
RBI
28 Jan 2016
'RBI to maintain status quo on rates; easing post-budget'
According to the global financial services major, the Reserve Bank of India is expected to maintain an accommodative stance.
Raghuram Rajan
01 Dec 2015
Maintaining accommodative stance but also vigilant, says Raghuram Rajan
Here are the highlights of Q&A with RBI Governor Raghuram Rajan.
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