Repo Rate(Search results - 8)
Economy7, Aug 2019, 5:20 PM IST
Reserve Bank of India lowers GDP projection for 2019-20 from 7% to 6.9%
The Gross Domestic Product (GDP) has been lowered marginally from 7% to 6.9% for the year 2019-20. The Reserve Bank of India has cut the repo rate by an unusual 0.35 percentage points to 5.40% in its third monetary policy review for the current financial year. Repo rate is the rate at which the RBI lends to banks.
Economy8, Jul 2019, 7:46 PM IST
RBI Governor: Quicker transmission of interest rate cuts by banks to consumers
The RBI reduced the key policy rate thrice with an aggregate reduction of 0.75 percentage points in the repo rate, the rate at which RBI lends to banks.
Economy6, Jun 2019, 12:27 PM IST
With repo rate drop, your dream house is an inch closer
Repo rate is the rate at which RBI lends to its clients generally against government securities. Reduction in repo rate helps the commercial banks to get money at a cheaper rate
Economy4, Apr 2019, 12:53 PM IST
RBI repo rate cut brings happiness even amid model code of conduct
The Monetary Policy Committee (MPC) has said that the reduction in repo rate is to aid domestic growth and encourage private investments in the country.
Economy23, Mar 2019, 2:24 PM IST
SBI to link savings bank accounts with repo rate from May 1, 2019
The State Bank of India has initiated the linking of savings rate and short term loan interest rate to repo rate From May 1, 2019. This particular move will undoubtedly pave the way for better transmission of rates to borrowers in the long run for all kinds of loans.
India5, Oct 2018, 3:41 PM IST
RBI keeps repo rate at 6.5%; markets surprised; rupee plunges to new low of 74 to a dollar
Governor Urijit Patel, who headed the policy-setting committee, proposed to take a pause after hiking the rates in its last two successive policy meetings
India1, Aug 2018, 8:55 PM IST
My Nation in 100 seconds: From RBI hiking repo rate to Google's tribute to Meena Kumari
Watch today's news from RBI hiking repo rate, Rohingya presence in Aligarh, clean chit to Delhi CM Kejriwal to Google's Tribite to legeendary actor Meena Kumari and more on My Nation in 100 seconds.