Stable Repo Rates To Keep Residential Momentum Going Despite Global Headwinds: Experts
While home loan borrowers were hoping for a rate cut that would have reduced their EMIs, the RBI decided to maintain the status quo. Experts believe that a stable repo rate will keep the residential momentum going.
Feb 09, 2024, 18:56 PM IST
RBI to present monetary policy review
RBI Monetary Policy Review: RBI is going to present a review of monetary policy today. The Governor will give the report at 10 am.
Feb 08, 2024, 07:40 AM IST
Induslnd Bank Reduces Interest On Fixed Deposit By 0.25%, Check The New Rates
The Induslnd bank is now offering an interest between 3.5% to 7.50% on FDs depending on maturities of 7 days to 10 years. The new rates are implemented from August 05, 2023.
Aug 10, 2023, 15:27 PM IST
Sensex Slumps After Hawkish Tone In RBI Policy
BSE Sensex is trading down 326 points after RBI policy announcement at 65,669 points.
Aug 10, 2023, 11:30 AM IST
Indian Central-Bank Members Diverge On Further Rate Hikes As Growth Risks Emerge
The Reserve Bank of India (RBI) kept its key lending rate steady for a second straight meeting on June 8, as widely expected, but signalled monetary conditions will remain tight for some time as it looks to further curb inflationary pressures.
Jun 22, 2023, 23:27 PM IST
Home Loan Dilemma: Floating Or Fixed Rate Post RBI’s Rate Hike Pause?
With the Reserve Bank of India deciding to keep the repo rate steady at 6.5 percent, borrowers face a dilemma between fixed and floating-rate home loans.
Jun 14, 2023, 11:54 AM IST
RBI makes big announcement, no change in Repo Rate
RBI Monetary Policy Meeting: Big news is coming regarding the monetary policy meeting of RBI. There has been no change in the interest rates in this meeting of RBI. The repo rate remains unchanged at 6.5%.
Jun 08, 2023, 12:02 PM IST
RBI Likely To Settle For 25 Basis Points Repo Rate Hike: Experts
Since May last year, the Reserve Bank has increased the short-term lending rate by 225 basis points to contain inflation, mostly driven by external factors, especially global supply chain disruption following the Russia-Ukraine war outbreak.
Mar 05, 2023, 11:39 AM IST
ICICI Bank Hikes Interest Rate On FDs From February 24; Check Latest Rates Here
ICICI bank announced to increase the interest rate on FDs between Rs 2 cr to Rs 5 cr from February 24, 2023, following the increase of repo rate by RBI by 25 bps in Feb 8 MPC meeting.
Feb 24, 2023, 12:41 PM IST
Interest Rate Hike Cycle in Asia Nearing its End: Morgan Stanley
In India too, the Monetary Policy Committee (MPC) of the RBI decided to raise the repo rate, the rate at which the RBI lends money to all commercial banks, by 25 basis points to 6.5 per cent. Since May last year, the RBI has increased the short-term lending rate by 250 basis points to contain inflation.
Feb 16, 2023, 14:13 PM IST
Unlike Other Lenders, Canara Bank Cuts Lending Rate by 15% Amid Repo Rate Hike by RBI
Reserve Bank of India (RBI) hiked the repo rate the sixth time to 6.50% in the February 6-8 Monetary Policy Committee meeting to rein high inflation.
Feb 11, 2023, 07:40 AM IST
RBI Monetary Policy 2023: Realty Sector Expects Pressure on Sales Volumes in Affordable, Lower Mid-Range Housing Segments
RBI's monetary policy committee voted by 4:2 in the meeting on February 6-8 to hike the repo rate by 25 bps to 6.50% to rein inflation to the target level.
Feb 08, 2023, 14:10 PM IST
RBI MPC Meet Concludes Today - From Repo Rate Hike to GDP Projection; Here are 5 Key Takeaways
RBI is projecting Inflation in 2022-23 to stand at 6.5% and that will decrease further at 5.4 % in Q4 of this fiscal year.
Feb 08, 2023, 11:57 AM IST
RBI Monetary Policy 2023 Live Updates: RBI Hikes Repo Rates by 25 Basis Points to 6.50%, Loan EMIs to go Up
RBI Monetary Policy 2023 Live Updates: RBI's MPC has decided 4:2 vote to remain focused on withdrawal of accommodative policy.
Feb 08, 2023, 08:15 AM IST
RBI's 3 day MPC meeting starts today: Will RBI to continue or hit the pause button on rate hike?
The RBI's MPC will be meeting on February 6-8 to decide on the policy rates.
Feb 06, 2023, 12:57 PM IST
Year-Ender 2022: From RBI repo rate to tech lay offs; Big news that dominated the Biz world in 2022 - In PICS
Many major events happened in business world this year as well, some of them will impact our lives in next year as well. RBI repo rate was one such crucial event as RBI had tried to keep inflation check via monetary tool throughout the year. Here are some important events that dominated the biz world in 2022.
Dec 27, 2022, 19:05 PM IST
India's retail Inflation eases to 5.88% in November month; dips below to RBI's tolerance band: Govt data
Retail Inflation remained high above the RBI’s tolerance limit for nine-month straight. The dip is attributed to easing food prices that account to 40% of CPI basket across the country.
Dec 12, 2022, 18:08 PM IST
RBI hikes repo rate by 35 bps-- How much will you have to pay for home loan now? Check EMI calculator here
Read on to figure out the assumptive figure of EMI you have to pay a home loan of around Rs 25 lakh.
Dec 07, 2022, 17:30 PM IST
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
