RBI hikes repo rate by 35 basis points
Dec 07, 2022, at 03:45 pm
Mumbai: The Reserve Bank of India on Wednesday announced that the repo rate has been hiked by 35 basis points to 6.25 percent.
RBI hikes key lending rate by 50 basis points
Aug 05, 2022, at 03:52 pm
Mumbai: Reserve Bank of India Governor Shaktikanta Das on Friday announced the bank's decision to hike the key lending rate by 50 basis points to 5.4 percent with immediate effect.
RBI's reschedules Aug MPC meeting due to 'administrative exigencies'
Jul 21, 2022, at 11:45 pm
Mumbai: Reserve Bank of India (RBI) Thursday said that the Monetary Policy Committee’s (MPC) meeting next month is rescheduled due to “administrative exigencies.”
Jun 09, 2022, at 04:49 am
Mumbai: As widely expected, RBI’s Monetary Policy Committee unanimously decided to increase the policy Repo rate by 50 bps to 4.90% while also remaining focused on ‘withdrawal of accommodation’ to ensure that inflation remains within the target going forward, all the while supporting growth. RBI has retained its real GDP growth forecast for FY23 at 7.2% with risks broadly balanced.
RBI policy rate hike: Experts react
Jun 08, 2022, at 09:03 pm
Mumbai: Reserve Bank of India's hike in repo rate by 50 basis points (bps) to 4.90 percent is an expected move amid the current inflationary pressures and more hikes can follow in the subsequent months, said experts.
Reserve Bank of India hikes repo rate by 50 bps to 4.90 percent, loans to become costlier
Jun 08, 2022, at 05:47 pm
Mumbai: As widely expected, the Reserve Bank of India (RBI) on Wednesday hiked policy repo rate by 50 basis points (bps) to 4.90 per cent with immediate effect.
RBI hikes repo rate by 50 basis points
Jun 08, 2022, at 03:53 pm
New Delhi: The Reserve Bank of India on Wednesday announced the decision to hike repo rate by 50 basis points to 4.90 percent.
RBI's focus shifts to inflation from economic growth amid geopolitical crisis
Apr 08, 2022, at 09:14 pm
Mumbai: Taking note of the risks due to rising inflation amid global geopolitical incidents, after a period of two years, the RBI is prioritizing inflation over economic growth.
RBI maintains status quo, keeps repo rate unchanged at 4 percent
Apr 08, 2022, at 04:41 pm
Mumbai/UNI: The Reserve Bank of India (RBI) on Friday kept the benchmark interest rate unchanged at four percent for the 11th time in a row as it continues to maintain its accommodative stance in the backdrop of rising inflation.
RBI maintains status quo, keeps repo rate unchanged at 4 percent
Feb 10, 2022, at 06:07 pm
New Delhi/UNI: On expected lines, the Reserve Bank of India (RBI) on Thursday kept the policy repo rate unchanged at 4 percent to support economic growth.
Dec 08, 2021, at 04:42 pm
New Delhi/Mumbai/UNI: Amid the global scare of new variant of Coronavirus, 'Omicron', posing downside risks to the economy, the Reserve Bank of India (RBI) on Wednesday kept the repo rate unchanged at 4% providing cushion to the economy which has been on the recovery path clocking 8.4% growth in July-September quarter (Q2) of the current fiscal.
Banks, business community laud RBI's accommodative stance on repo rate
Oct 08, 2021, at 11:18 pm
New Delhi/IBNS: RBI's stance to continue with the repo rate steady at 4 percent and maintain an accommodative policy stance to support economic growth and recovery has been welcomed by banks and the business community.
Low-rate regime is the need of the hour to boost recovery: EEPC India Chairman
Oct 08, 2021, at 07:26 pm
Kolkata/IBNS: The low-rate regime is the need of the hour to boost recovery and the Reserve Bank of India has done a good job by keeping the repo rates unchanged at four percent besides keeping the stance accommodative, said the Chairman of EEPC (Engineering Export Promotion Council) Mahesh Desai.
RBI keeps repo rate unchanged at 4 percent, maintains accommodative stance to support growth
Oct 08, 2021, at 04:53 pm
Mumbai/New Delhi/UNI: As widely expected, the Reserve Bank of India (RBI) Friday held the repo rate steady at 4 percent and maintained an accommodative policy stance to support economic growth and recovery.
Aug 06, 2021, at 10:43 pm
New Delhi/IBNS: The RBI has rightly prioritized growth over inflation to rejuvenate economic growth on a durable basis and mitigate the extraordinary impact of Covid 19, said CH S S Mallikarjuna Rao, MD & CEO of Punjab National Bank (PNB).
ASSOCHAM lauds RBI for prioritising growth with accommodative policy stance
Aug 06, 2021, at 09:42 pm
Kolkata/IBNS: ASSOCHAM today said full credit must be given to the Reserve Bank of India and its Monetary Policy Committee for ''prioritising'' growth and retaining the ''accommodative stance'' on policy rates to lessen the impact of Covid-19 on the economy, despite inflationary pressures which have rightly been described as ''transitory'' by Governor Shaktikanta Das.
RBI holds repo rate at 4 pc, keeps all other rates also unchanged
Aug 06, 2021, at 06:24 pm
New Delhi/UNI; Announcing its bi-monthly monetary policy on Friday, the Reserve Bank of India (RBI) kept the repo rate unchanged at 4 per cent on expected lines to support growth hit hard by the COVID-19 pandemic.
RBI MPC keeps repo rate unchanged at 4 percent: Shaktikanta Das
Aug 06, 2021, at 03:56 pm
New Delhi: RBI Governor Shaktikanta Das on Friday announced its Monetary Policy Committee (MPC) kept the repo rate unchanged at 4 percent.
Jun 04, 2021, at 05:16 pm
Mumbai/UNI: The Reserve Bank of India (RBI) on Friday kept the key rates unchanged at its bi-monthly review to maintain liquidity as the country continues to recover from the Covid-19 pandemic and its economic implications.
Apr 07, 2021, at 05:01 pm
Mumbai/UNI: Following a spurt in Coronavirus cases and the imposition of fresh restrictions to check the virus spread, the Reserve Bank of India (RBI) on Wednesday decided to maintain the status-quo on the benchmark repo rate — the rate at which the central bank lends short-term funds to banks — at four per cent.
RBI maintains repo rate for fourth consecutive time
Feb 05, 2021, at 04:48 pm
Mumbai/UNI: Continuing the accommodative stance, the Reserve Bank of India (RBI) on Friday kept the key rates unchanged for the fourth time in a row.
Repo rate remains unchanged at 4 percent: RBI Guv Shaktikanta Das
Feb 05, 2021, at 03:49 pm
New Delhi: Reserve Bank of India Governor Shaktikanta Das has said the Monetary Policy Committee (MPC) decided to keep the repo rate unchanged at 4 percent
Industry welcome RBI's decision to keep lending rates unchanged
Oct 10, 2020, at 12:51 am
New Delhi: Different Indian organizations on Friday welcomed the Reserve Bank of India's decision to keep repo rate and reverse repo rate unchanged.
RBI keeps lending rates unchanged
Oct 09, 2020, at 03:48 pm
Mumbai: Reserve Bank of India Governor Shaktikanta Das on Friday said the repo rate and reverse repo rate will remain unchanged.
RBI keeps key rates unchanged after policy review
Aug 06, 2020, at 07:01 pm
Mumbai/UNI: Maintaining an accommodative stance, the Reserve Bank of India (RBI) on Thursday kept key rates unchanged.
RBI cuts repo rate of 40 basis points to 4 pc, term loan moratorium extended
May 22, 2020, at 11:52 am
Mumbai: The Reserve Bank of India on Friday announced a cut in the repo rate of 40 basis points to bring it down to 4 percent.
RBI cuts repo rate from 4 pct to 3.75 pct
Apr 17, 2020, at 10:38 am
New Delhi/IBNS: Reserve Bank of India (RBI) Governor Shaktikanta Das on Friday announced reducing the reverse repo rate from 4 percent to 3.75 percent.
Punjab National Bank cuts interest rates
Mar 31, 2020, at 07:11 pm
New Delhi/IBNS: Punjab National Bank (PNB) has decided to pass on the full benefit of recent RBIs policy rate cut of 75 bps to its borrowers covered under External Benchmark linked product of Repo Linked Lending Rate (RLLR) in respect of Retail/ MSME portfolio w.e.f 01.04.2020.
India's corporate sector welcome's RBI repo rate cut amid COVID-19 outbreak
Mar 27, 2020, at 06:45 pm
Mumbai/IBNS: The Indian corporate sector has reacted positively to the Reserve Bank of India's decision to slash the repo rate by 75 basis points to 4.4 per cent.
Repo rate slashed by 75 basis points to 4.4 percent: RBI Guv
Mar 27, 2020, at 10:24 am
Mumbai/IBNS: The Reserve Bank of India on Friday announced that repo rate has been slashed by 75 basis points to 4.4 percent.