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RBI cuts repo rate by 25 basis points to 5.75 pc, shifts policy stance to
Updated : 7 years ago IST
Mumbai (Maharashtra) [India], June 6 (ANI): The Reserve Bank of India (RBI) on Thursday cut repo rate for the third consecutive time this year to 5.75 per cent from the current 6 per cent amid falling economic growth and uncertain global scenario.
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RBI cuts repo rate by 25 basis points to 5.75 pc
Updated : 7 years ago IST
Mumbai (Maharashtra) [India], June 6 (ANI): The Reserve Bank of India (RBI) on Thursday cut repo rate for the third consecutive time this year to 5.75 per cent from the current 6 per cent amid falling economic growth and uncertain global scenario.
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Sensex closes 178 points higher at 38,862, Nifty at 11,666
Updated : 7 years, 2 months ago IST
Mumbai (Maharashtra) [India], Apr 5 (ANI): Equity benchmark indices closed higher on Friday as investors followed positive global cues a day after the Reserve Bank of India (RBI) cut key policy rate by an expected 25 basis points.
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RBI's repo rate cut largely in consonance with market expectations: SBI Ch
Updated : 7 years, 2 months ago IST
New Delhi [India], Apr 4 (ANI): State Bank of India Chairman Rajnish Kumar on Thursday hailed the RBI monetary policy announced earlier in the day, saying that the decision to cut repo rate by 25 basis points (bps) was largely in consonance with the market.
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Markets slide as technology, banking stocks taking a beating
Updated : 7 years, 2 months ago IST
Mumbai (Maharashtra) [India], Apr 4 (ANI): Equity benchmark indices retreated further on Thursday with banking and tech stocks witnessing correction after the Reserve Bank of India cut repo rate by 25 basis points in a bid to stimulate private investments and economic growth.
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RBI moves to stimulate growth, lowers repo rate by 25 basis points to 6 pc
Updated : 7 years, 2 months ago IST
Mumbai (Maharashtra) [India], Apr 4 (ANI): The Reserve Bank of India (RBI) on Thursday cut repo rate for the second consecutive time this year to 6 per cent from the current 6.25 per cent, a move that will cheer industry leaders over relief from high borrowing costs a week before the first p
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RBI cuts repo rate by 25 basis points to 6 pc
Updated : 7 years, 2 months ago IST
Mumbai (Maharashtra) [India], Apr 4 (ANI): The Reserve Bank of India (RBI) on Thursday cut repo rate for the second consecutive time this year to 6 per cent from the current 6.25 per cent, a move that will cheer industry leaders over relief from high borrowing costs a week before the firs
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RBI meeting on lending rate from April 2 to 4
Updated : 7 years, 2 months ago IST
Mumbai (Maharashtra) [India], Apr 1 (ANI): The six-member Monetary Policy Committee (MPC) headed by Reserve Bank of India Governor Shaktikanta Das will begin its three-day meeting from Tuesday as industry leaders demand that lending rate is cut by another 25 basis points to stimulate grow
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RBI cuts lending rates by 25 basis points; GDP growth projected at 7.4 pc
Updated : 7 years, 4 months ago IST
Mumbai, Feb 7 (ANI): The Reserve Bank of India (RBI) lowered interest rates on Thursday and shifted its stance from 'calibrated tightening' to 'neutral' after factoring in sliding inflation rate.
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RBI cuts repo rate by 25 basis points, shifts stance to 'neutral'
Updated : 7 years, 4 months ago IST
Mumbai, Feb 7 (ANI): The Reserve Bank of India (RBI) lowered interest rates on Thursday and shifted its stance from 'calibrated tightening' to 'neutral' after factoring a sharp fall in inflation rate.
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RBI cuts repo rate by 25 basis points, first cut since Aug 2017
Updated : 7 years, 4 months ago IST
Mumbai, Feb 7 (ANI): The Reserve Bank of India (RBI) reduced repo rate by 25 basis points to 6.25 per cent on Thursday in a bid to boost lending and fuel growth before the general elections due to April.
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RBI rate hike a 'win-win' situation for markets, banks
Updated : 7 years, 10 months ago IST
New Delhi [India], Aug 2 (ANI): The Reserve Bank of India's (RBI) decision to raise the repo rate by 25 basis points (bps) to 6.50 per cent is a "win-win" situation for both markets and the banks as inflation is expected to rapidly decelerate to sub-5 per cent in coming months, suggests the
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