Repo Rate(Search results - 11)
IndiaMay 23, 2020, 2:54 PM IST
FICCI expresses happiness over RBI ‘s move to ease economic burden
Dilip Chenoy, secretary-general, Federation of Indian Chambers of Commerce and Industry (FICCI) lauded the Reserve Bank of India's (RBI) decision to slash the repo rate and reverse repo rate and extension of the loan repayment moratorium.
IndiaMay 22, 2020, 12:19 PM IST
Days after Rs 20 lakh crore announcement, RBI jumps in with a slew of measures to give more relief
RBI Governor Shaktikanta Das today (May 22) announced more measures to tackle the economic slump
IndiaMar 27, 2020, 1:06 PM IST
India under lockdown: RBI rushes to ease common man’s burden, announces 3-month moratorium on EMIs
In what comes as a massive relief for the common man, the RBI has announced a 3-month moratorium on EMIs to be paid across loans
EconomyAug 7, 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.
EconomyJul 8, 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.
EconomyJun 6, 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
EconomyApr 4, 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.
EconomyMar 23, 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.
IndiaOct 5, 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
IndiaAug 1, 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.