Singapore, Apr 10 (ANI): Fitch Solutions has revised its forecast for the Reserve Bank of India (RBI) to keep its policy repurchase (repo) rate on hold at 4 per cent over the course of FY22 (April 2021 to March 2022) from its prior view for a 25 basis points cut to 3.75 per cent.
New Delhi [India], April 17 (ANI): Prime Minister Narendra Modi on Friday said that the announcements made by Reserve Bank of India (RBI) will "greatly enhance liquidity and improve credit supply" and would "help small businesses, MSMEs, farmers and the poor".
Mumbai (Maharashtra) [India], Mar 27 (ANI): Equity benchmark indices trimmed morning gains and slipped into the red on Friday afternoon even as the Reserve Bank of India (RBI) reduced the key repo rate by 75 basis points in line with central banks around the world to help combat the economic
Mumbai (Maharashtra) [India], Mar 27 (ANI): Reserve Bank of India Governor Shaktikanta Das announced a reduction in the repo and reverse repo rate on Friday.
Mumbai (Maharashtra) [India], Feb 6 (ANI): Equity benchmark indices continued upward momentum for the fourth consecutive day on Thursday after the Reserve Bank of India (RBI) kept the repo rate unchanged as expected.
Pune (Maharashtra) [India] Oct 09 (ANI/BusinessWire India): The Reserve Bank of India reduced the repo rate by another 25 basis points on October 4, bringing it to 5.15 per cent - it's lowest in nine years.
New Delhi (India), Oct 7 (ANI): Expressing concern over the present state of the country's economy, the Congress on Monday accused the Centre of creating a trust deficit because of which the people are not taking credits, eventually leading to slowdown.
Lucknow (Uttar Pradesh) [India], Oct 5 (ANI): Hailing the Reserve Bank of India's (RBI's) decision to cut repo rate, Union Minister for Information and Broadcasting Prakash Javadekar said on Saturday that the government has asked banks to transmit accruing benefits to loan borrowers.
Mumbai (Maharashtra) [India], Aug 7 (ANI): State Bank of India (SBI) on Wednesday announced a cut in its marginal cost-based lending rates (MCLR), a move that will make car and home loans cheaper from August 10 as these loans are MCLR- linked.
Mumbai (Maharashtra) [India], Aug 7 (ANI): Equity indices fell to low levels during the last hour of trading on Wednesday after the Reserve Bank of India (RBI) cut the repo rate by 35 bps at 5.4 per cent.
Mumbai (Maharashtra) [India], Aug 5 (ANI): The Reserve Bank of India (RBI) may cut repo rate by 25 basis points (bps) in its August 7 policy meet and further reduce it by 50 to 75 bps to achieve the level of less than or equal to 5 per cent by March 2020, according to State Bank of India's r
Pune (Maharashtra) [India] July 16 (ANI/BusinessWire India): The recent the economic downtrend has not been too favourable for investors, especially with the latest turn of events. The Union Budget was announced recently, and prices for several consumer goods increased due to a hike in ta