RBI maintains status quo in its Monetary Policy, leaves repo rate unchanged at 4%
This is the 24th meeting of the MPC.
Aug 06, 2020, 12:06 PM ISTRBI Monetary Policy to be announced today, may maintain status quo on lending rates
Although opinions are divided on the rate cut, experts believe loan restructuring is more essential at this juncture to combat the impact of COVID-19.
Aug 06, 2020, 09:24 AM ISTReserve Bank of India slashes repo rate by 40 bps to 4%
The Central Bank has reduced the key policy rate for the second time this year.
May 22, 2020, 11:15 AM ISTRBI Governor announces extension of loan moratorium by 3 more months to August 31
This is his third press conference (the other two being on March 27 and April 17).
May 22, 2020, 10:06 AM ISTRBI Governor Shaktikanta Das to hold a press conference at 10 am – What to expect
As per media reports the RBI governor is expected to announce an extension of the loan moratorium for a few more months following the extension of the nationwide lockdown till May 31.
May 22, 2020, 09:30 AM ISTRBI Governor Shaktikanta Das' statement; Complete text
Read here the complete statement of RBI Governor Shaktikanta Das to boost liquidity and expand bank credit.
Apr 17, 2020, 14:39 PM ISTBig announcements by RBI Governor, so that public doesn't faces inconvenience during lockdown
During Lockdown in India, Shaktikanta Das, Governor of Reserve Bank of India (RBI), made all types of loans affordable to the public. He announced of reduction in repo rate which will reduce your EMI. Along with this, relief was also announced in giving EMI for three months.
Mar 27, 2020, 13:00 PM ISTRBI pegs GDP growth for 2020-21 at 6 per cent, keeps repo rate unchanged at 5.15%
The Reserve Bank of India (RBI) kept the repo rate unchanged at 5.15% maintaining an accommodative stance as it announced its Monetary Policy Statement on Thursday. The announcement was made the six-member monetary policy committee of the Reserve Bank of India (RBI). The RBI committee also released its sixth bi-monthly Monetary Policy Statement for 2019-20 on its website.
Feb 06, 2020, 12:02 PM ISTRBI's fourth bi-monthly monetary policy statement (2019-20): Here's the full text
The reverse repo rate under liquidity adjustment facility stands reduced to 4.9 per cent, and the marginal standing facility (MSF) rate and the bank rate to 5.4 per cent.
Oct 04, 2019, 13:14 PM ISTRBI revises GDP growth forecast for 2019-20 to 6.9% from 7.0%
In the MPC’s June resolution, real GDP growth for 2019-20 was projected at 7.0 percent – in the range of 6.4-6.7 percent for H1:2019-20 and 7.2-7.5 percent for H2 – with risks evenly balanced.
Aug 07, 2019, 12:16 PM ISTRBI cuts repo rate by 35 basis points in third bi-monthly monetary policy
The move is expected to lead to reduction of lending rate by banks leading to lower EMI for housing, car loan and corporate borrowers. This is RBI's second monetary policy after Modi 2.0 took charge in May.
Aug 07, 2019, 11:49 AM ISTChina's benchmark overnight repo rate falls to lowest in four years
Traders attributed the decline in the interbank repo rate to ample cash conditions in the banking system following persistent central bank fund injections via open market operations in recent days to keep liquidity sufficient heading into the end-June peak season for cash.
Jun 21, 2019, 10:07 AM ISTHome loan customers can opt between Repo rate-linked and MCLR-linked loans: SBI MD PK Gupta
He added, in case of repo rate-linked home loan, you must repay a minimum 3 per cent of the principal loan amount every year.
Jun 12, 2019, 12:23 PM ISTDNA: Non Stop News, 6th June 2019
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Jun 06, 2019, 18:38 PM ISTZee News Wrap: Watch top news of the hour, 6th June 2019
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Jun 06, 2019, 18:38 PM IST5W1H: Watch top news with research and latest updates, 6th June 2019
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Jun 06, 2019, 17:44 PM IST5W1H: RBI cuts repo rate by 25 bps to 5.75%
Reserve Bank of India reduced the repo rate by 25 basis points (bps) to 5.75 percent in the second bi-monthly monetary policy meet of the financial year 2019-20 (FY20)
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Jun 06, 2019, 16:30 PM IST