Search For "rbi policy"
RBI hiked rates to prevent inflation from corroding economic recovery, MPC
Updated : 3 years, 8 months ago IST
Mumbai (Maharashtra) [India], June 22 (ANI): The Reserve Bank of India (RBI) Monetary Policy Committee decided to hike the policy repo rate by 50 basis points earlier this month in order to prevent inflation from corroding economic recovery, as per the minutes of the MPC meeting released on
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Growth slowing but risk of stagflation in India low: Finance Ministry
Updated : 3 years, 8 months ago IST
New Delhi [India], June 20 (ANI): There is a "distinct possibility" of widespread stagflation in the world, but in India, the risk of stagflation is low as the country has adopted prudent stabilisation policies, said a report released by the Finance Ministry on Monday.
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Rs 18 lakh crore NBFC debt set to become dearer by 85-105 bps this fiscal
Updated : 3 years, 9 months ago IST
New Delhi [India], June 14 (ANI): Borrowing costs for non-banking financial companies (NBFC) are expected to become costlier by 85-105 basis points in the current financial year due to an increase in policy rates by the Reserve Bank of India (RBI), CRISIL Ratings said in a report released on
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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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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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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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RBI's repo rate hike part of synchronised event globally: Finance Minister
Updated : 3 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 7 (ANI): Union Finance Minister Nirmala Sitharaman on Saturday said the recent decision of the Reserve Bank of India (RBI) to hike key policy interest rates is a part of the synchronised event by the central banks globally.
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Repo rate hike by RBI to make home loans costlier: Experts
Updated : 3 years, 10 months ago IST
New Delhi [India], May 5 (ANI): Home loans are set to become costlier after the Reserve Bank of India's (RBI) decision to hike the policy repo rate by 0.40 per cent, experts said.
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RBI hikes repo rate by 0.40 per cent, cites inflation worries
Updated : 3 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 4 (ANI): The Reserve Bank of India's Monetary Policy Committee in an unscheduled meeting on Wednesday unanimously decided to increase the policy repo rate by 40 basis points to 4.40 per cent with immediate effect citing inflation worries.
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RBI raises repo rate by 40 basis points to 4.40 pc with immediate effect
Updated : 3 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 4 (ANI): In a surprise move, the Reserve Bank of India (RBI) on Wednesday increased the policy repo rate by 40 basis points to 4.40 per cent with immediate effect.
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Sensex dips 325 points; IT, energy stocks slump
Updated : 3 years, 11 months ago IST
Mumbai (Maharashtra) [India], April 11 (ANI): The Indian equities markets benchmark Sensex slumped 325 points on Monday dragged by heavy selling pressure in IT, FMCG and energy stocks.
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