FM Sitharaman comments on RBI's sudden repo rate hike, check what she said
For the first time since August 2018, RBI had on May 4 delivered a blunt 40 basis points increase in key repo rate to 4.40 per cent.
May 09, 2022, 17:53 PM IST
Taken home, car loan? Your EMIs could soon increase as 2 big banks hike lending rates, check details
A change in benchmark lending rates pushes banks to tweak their interest rates on home, car, and other loans.
May 06, 2022, 13:33 PM 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
Homebuyers Alert! You could have to pay more interest on home loan EMIs; here’s why
The SBI Ecowrap report expects a 25 basis point (bps) rate hike each in June and August.
Apr 14, 2022, 10:33 AM 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
CPI inflation projected at 5.7%, says RBI Governor Shaktikanta Das
RBI's approach will remain sophisticated and nimble, added Das.
Apr 08, 2022, 10:40 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
Dovish RBI has state debt cost plunging 13 bps, yet trending over 7.10%
This also had the spread between the 10-year SDLs and G-secs narrowing to 40 bps from 48 bps last week, according to an analysis by Icra Ratings.
Feb 15, 2022, 22:11 PM IST
Realtors' hail RBI policy: Low interest rate on home loan to drive housing demand
Real estate developers and consultants have welcomed the RBI's decision to keep policy rates unchanged.
Feb 10, 2022, 19:07 PM IST
RBI first Monetary Policy after Budget: No respite to home and auto loan borrowers; RBI keeps interest unchanged at 4%
The central bank announcing the outcome of its bi-monthly Monetary Policy rates on February 10 said that it has decided to keep the repo rate unchanged at 4 percent and the reverse repo rate at 3.35 percent.
Feb 10, 2022, 10:08 AM IST
RBI Monetary Policy today: Central Bank may keep policy rates steady
This policy review is particularly important as it comes just nine days after the 2022 budget announcements. This is the last policy review of the financial year 2021-22.
Feb 10, 2022, 09:05 AM IST
RBI likely to leave policy rates unchanged till April: Report
The key repo rate has been at 4 per cent since May 2020, an all-time low, even though bond yields have been heading north for many months now.
Feb 04, 2022, 15:36 PM IST
RBI's Big Announcement: UPI-based payment products for feature phone users to be launched soon
Das also proposed to release a discussion paper on various charges in the payment system to have a holistic view of the issues involved and possible approaches to mitigating the concerns so as to make digital transactions more affordable.
Dec 08, 2021, 11:30 AM IST
Indian economy on recovery path but it can't be immune to global situation: RBI Governor
Das, announcing the outcome of the Reserve Bank of India (RBI) Monetary Policy said that Globally, economies are opening up, activities level are reaching pre-pandemic level.
Dec 08, 2021, 11:16 AM IST
RBI Monetary Policy December 2021: No respite to home and auto loan borrowers; RBI keeps interest unchanged at 4%
The central bank announcing the outcome of its bi-monthly Monetary Policy rates on December 8 said that it has decided to keep the repo rate unchanged at 4 percent and the reverse repo rate at 3.35 percent.
Dec 08, 2021, 10:10 AM IST
RBI Monetary Policy: Central Bank may keep policy rates steady amid Omicron scare
In the last policy review in October, the RBI had kept the key lending rates unchanged for eight consecutive times.
Dec 08, 2021, 08:40 AM IST
RBI Monetary Policy December 2021: Central bank to hold rates, hike early next year
This comes when retail inflation - the central bank`s preferred gauge - has been within its 2%-6% target range since July.
Dec 06, 2021, 12:25 PM IST
RBI Monetary Policy October 2021: Key highlights of RBI Governor Shaktikanta Das's announcement
This is the eighth time in a row that MPC has decided to keep the policy rate unchanged.
Oct 08, 2021, 10:53 AM IST
RBI Monetary Policy October 2021: No respite to home and auto loan borrowers; RBI keeps interest unchanged at 4%
This is the eighth time in a row that MPC has decided to keep the policy rate unchanged. RBI had last revised its policy rate on May 22, 2020, in an off-policy cycle to perk up demand by cutting interest rates to a historic low.
Oct 08, 2021, 10:07 AM IST
