Search For "basis points"
RBI hikes policy repo rate by 50 bps, raises inflation forecast to 6.7 per
Updated : 3 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 8 (ANI): The Reserve Bank of India (RBI) on Wednesday hiked the policy repo rate by 50 basis points to 4.9 per cent and raised the inflation projection for the current financial year to 6.7 per cent.
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Sensex tumbles 205 points as RBI increases policy repo rate
Updated : 3 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 8 (ANI): Indian stock market's benchmark Sensex opened 205 points down on Wednesday as the Reserve Bank of India (RBI) increased the policy repo rate by 50 basis points to 4.9 per cent.
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RBI hikes policy repo rate by 50 basis points to 4.9 pc
Updated : 3 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 8 (ANI): The Reserve Bank of India (RBI) on Wednesday announced to increase the policy repo rate by 50 basis points to 4.9 per cent, the second hike in five weeks aimed at quelling the inflation.
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Experts believe RBI to hike repo rate by 25-50 basis points
Updated : 3 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 8 (ANI): Amid rising inflation concerns in the economy, all eyes are on today's Monetary Policy Meeting outcome as experts believe that the Reserve Bank of India (RBI) is likely to increase the repo rate by 25 to 50 basis points (BPS).
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RBI likely to hike policy interest rates; raise inflation forecast today
Updated : 3 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 8 (ANI): The Reserve Bank of India (RBI) is likely to hike the policy repo rate by 40 basis points to 4.80 per cent on Wednesday and increase the inflation forecast for the current fiscal to above 6 per cent from its earlier projection of 5.7 per cent, a
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RBI set to hike policy interest rates; raise inflation forecast on June 8
Updated : 3 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 7 (ANI): The Reserve Bank of India (RBI) is set to hike the policy repo rate by 40 basis points to 4.80 per cent on Wednesday and increase the inflation forecast for the current fiscal to above 6 per cent from its earlier projection of 5.7 per cent, accordi
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HDFC Bank hikes lending rates by 0.35 per cent; EMIs to go up
Updated : 3 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 7 (ANI): India's largest private sector lender HDFC Bank has increased its marginal cost of funds-based lending rates (MCLR) by 0.35 per cent or 35 basis points across all tenures, effective from June 7.
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RBI likely to hike policy repo rate by 0.40 per cent next week
Updated : 3 years, 9 months ago IST
New Delhi [India], June 4 (ANI): Amid inflationary pressure in the economy, the Reserve Bank of India is likely to raise the policy repo rate by 40 basis points next week and hike it further by 0.35 per cent in August taking it to the pre-pandemic level of 5.15 per cent, according to economi
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SBI raises India's GDP growth forecast for FY23 by 20 basis points to 7.5
Updated : 3 years, 9 months ago IST
New Delhi [India], June 2 (ANI): State Bank of India (SBI) in a research report released on Thursday revised India's gross domestic product (GDP) growth forecast for the financial year 2022-23 to 7.5 per cent, which is 0.20 per cent higher from its earlier projection.
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Moody's lowers India's growth forecast for 2022 to 8.8 pc
Updated : 3 years, 10 months ago IST
New Delhi [India], May 26 (ANI): Rating agency Moody's on Thursday lowered India's economic growth forecast for 2022 by 30 basis points to 8.8 per cent from its earlier projection of 9.1 per cent announced in March.
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PNB to raise interest rate following 40 basis points repo rate increase by
Updated : 3 years, 10 months ago IST
New Delhi [India], May 12 (ANI): Punjab National Bank (PNB) is set to increase interest rates following the hike in policy repo rate by the Reserve Bank of India, PNB Managing Director and Chief Executive Officer Atul Kumar Goel said on Thursday.
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Bajaj Finance Limited announces increase in FD Rate effective May 10, 2022
Updated : 3 years, 10 months ago IST
Pune (Maharashtra) [India], May 11 (ANI/NewsVoir): Bajaj Finance Limited, the lending and investing arm of Bajaj Finserv, has increased the Interest Rates on their Fixed Deposit (FD) programme by up to 10 basis points for tenor between 36 to 60 months.
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