RBI Monetary Policy 07 December 2022: Loan EMIs to go up, RBI hikes repo rates by 35 basis points to 6.25%
The six-member Monetary Policy Committee headed by Reserve Bank of India Governor Shaktikanta Das started deliberations on the bi-monthly policy review on Tuesday.
Dec 07, 2022, 10:10 AM IST
RBI Monetary Policy announcement: Will loan borrowers get respite or not? RBI to decide today
The central bank had already hiked the key policy rate by 190 basis points since May to 5.9 per cent to cool off domestic retail inflation that has stayed above the RBI`s upper tolerance limit for over three quarters now. In October, retail inflation was 6.77 per cent as against 7.41 per cent the previous month.
Dec 07, 2022, 08:06 AM IST
Attention loan borrowers! Will RBI again hike rates in December? Here's what experts predict
After four hikes, the RBI has now raised rates by a total 190 basis points since its first unscheduled mid-meeting increase in May.
Nov 28, 2022, 11:47 AM IST
RBI raises repo rate by 50 bps to 5.9%: Buying home set to get costlier, say experts
The latest repo rate hike by the RBI has come in a bid to curb inflation. With the latest hike, the repo rate or the short-term lending rate at which banks borrow from the central bank is now close to 6 per cent.
Sep 30, 2022, 14:05 PM IST
RBI Monetary Policy 30 September 2022: Bad news for loan borrowers, RBI hikes repo rates by 50 basis points to 5.90%
The six-member Monetary Policy Committee headed by Reserve Bank of India Governor Shaktikanta Das started deliberations on the bi-monthly policy review on Wednesday.
Sep 30, 2022, 10:09 AM IST
RBI Monetary Policy 30 September 2022: Will loan rates get more expensive? Big decision coming today
The experts also point out that the rate revision by the US Federal Reserve and the central banks of many other countries have taken an aggressive stance on the rate revision.
Sep 30, 2022, 07:43 AM IST
RBI increases repo rate by 50 basis points to 5.40%: Check out why
RBI hiked the repo rate by 50 basis points in the latest MPC meeting to stop runaway inflation and defend the rupee.
Aug 05, 2022, 13:57 PM IST
BREAKING: RBI Monetary Policy -- Bad news for loan borrowers, RBI hikes repo rates by 50 basis points to 5.40%
The RBI Monetary Policy Committee led by Governor Shaktikanta Das hiked Repo Rate by by 50 basis points to 5.40 percent on Friday.
Aug 05, 2022, 10:11 AM IST
RBI Monetary Policy: Will loan rates get more expensive? Big decision coming today
While the hike in policy interest rates is almost certain, analysts and economists have different opinions on the extent of the rate hike. It varies between 25 basis points to 50 basis points.
Aug 05, 2022, 08:19 AM IST
RBI likely to raise key policy rate by at least 35 bps to check inflation: Experts
The Reserve Bank of India's rate-setting panel -- the Monetary Policy Committee -- will meet for three days from August 3 to deliberate on the prevailing economic situation and announce its bi-monthly review on Friday.
Aug 02, 2022, 08:52 AM IST
ATTENTION! 5 big changes in August 2022 that can affect your finances
Modification in RBI’s Monetary Policy, ITR Policy, penalties on loans, Bank rules, and many more policies have changed this month that can affect your economical life directly or indirectly. Here is what you have to watch out for in August 2022.
Aug 01, 2022, 13:35 PM IST
RBI allows credit card users to link RuPay cards with UPI platform: All you need to know
The RBI has now allowed customers to link their credit cards with UPI (unified payments interface).
Jun 08, 2022, 12:44 PM IST
RBI Monetary Policy: Bad news for loan borrowers, RBI hikes repo rates again
Last month, the Reserve Bank of India took an unscheduled decision thereby increasing the repo rates by 40 bps to 4.40 percent, taking everyone off-guard. This was the first increase in the policy repo rate in nearly two years.
Jun 08, 2022, 10:06 AM IST
RBI Monetary Policy: Will loan borrowers get respite? Big decision coming today
The six-member Monetary Policy Committee headed by Reserve Bank of India Governor Shaktikanta Das started deliberations on the bi-monthly policy review on Monday, while the outcome of the meeting will be announced today.
Jun 08, 2022, 07:50 AM IST
RBI's sudden repo rate hike! Here are 4 major areas that will affect the common man
RBI took sudden decision to increase the repo rates by 40 bps to 4.40 percent, a move that will raise borrowing costs for corporates and individuals .
May 05, 2022, 12:06 PM IST
RBI hikes interest rate by 40 bps to 4.40%, first since May 2020; borrowing to become expensive now
The Monetary Policy Committee (MPC) headed by RBI Governor Shaktikanta Das also raised the amount of deposits banks are required to maintain a cash reserve by 50 bps to 4.5 per cent to suck out Rs 87,000 crore of liquidity from the banking system.
May 04, 2022, 15:17 PM IST
RBI Monetary Policy: Repo rate unchanged, inflation, GDP growth and more; Top 10 highlights you need to know
RBI kept the repo rate unchanged at 4%.
Apr 08, 2022, 12:10 PM IST
Cardless cash withdrawals will be available soon at banks, ATMs via UPI, says RBI Governor Shaktikanta Das
The RBI's monetary policy committee kept the lending rate, or repo rate, at 4% and voted to maintain its "accommodative" monetary policy stance.
Apr 08, 2022, 10:59 AM IST
RBI Monetary Policy announced: Central Bank keeps repo rate unchanged at 4%; details here
Shaktikanta Das said that RBI has successfully navigated its way through choppy seas.
Apr 08, 2022, 10:13 AM IST
Reserve Bank's MPC to meet 6 times next fiscal; first meeting scheduled for April 6-8
The Reserve Bank of India (RBI) Governor-headed rate setting panel will be holding its first meeting of the next fiscal from April 6-8.
Mar 30, 2022, 16:45 PM IST
