Search For "repo rate"
RBI proposes UPI payments facility for inbound travellers
Updated : 3 years, 1 month ago IST
Reserve Bank of India said it has proposed to permit all inbound travellers to India to use UPI for their merchant payments while they are in the country.
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RBI projects India's 2023-24 retail inflation at 5.3 per cent
Updated : 3 years, 1 month ago IST
The average inflation in Q1 2023-24 is expected at 5.0 per cent, Q2 at 5.4 per cent, Q3 at 5.4 per cent, and Q4 at 5.6 per cent, respectively.
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RBI projects India's GDP growth at 6.4 per cent for 2023-24
Updated : 3 years, 1 month ago IST
The GDP projections for Q1, Q2, Q3, and Q4 2023-24 are estimated at 7.8 per cent, 6.2 per cent, 6.0 per cent, and 5.8 per cent, respectively, with risks, evenly balanced.
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RBI MPC raises repo rate by 25 bps to 6.5 pc
Updated : 3 years, 1 month ago IST
Four out of six members of MPC have decided to go ahead with this hike in rate, RBI Governor Shaktikanta Das said on Wednesday.
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Expect RBI to pause repo rate hike in February policy: SBI Research
Updated : 3 years, 1 month ago IST
SBI Research, in a report published moments before the RBI meeting started, said India's central bank is expected to pause the policy rate hike during the February 6-8 review meeting.
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We expect RBI to implement final rate hike in February and change stance
Updated : 3 years, 1 month ago IST
In its December monetary policy committee meeting, the RBI raised the policy repo rate by 35 basis points (bps) to 6.25 per cent.
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Repo rate hikes hitting industry bottom line, reliefs needed: Karnataka's
Updated : 3 years, 3 months ago IST
"There are no two views that taming inflation is critical," said BV Gopal Reddy, president, Federation of Karnataka Chambers of Commerce and Industry (FKCCI). "But at the same time the measures that are contemplated should not adversely affect businesses. Otherwise, it will have the result o
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Experts' Reaction To Repo Rate Hike: RBI's Move To Balance Inflation
Updated : 3 years, 3 months ago IST
New Delhi [India], December 10 (ANI/NewsVoir): RBI has announced a hike in Repo rates for the fifth consecutive time. The difference this time accounts for 35 bps, leading the interest rate from 5.90 to 6.25. RBI has been announcing minimum possible increases in repo rate for the last few mo
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Markets snap 4-day losing run, end with gains
Updated : 3 years, 3 months ago IST
The domestic markets snapped their four-day losing run and ended with gains, picking up cues from the Monetary Policy Committee's decision to slow down the hike of repo rates.
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Markets snap 4-day losing streak in morning trade
Updated : 3 years, 3 months ago IST
After losing for four-straight sessions, the domestic markets snapped its downward movement to gain in morning trade.
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Policy rate hike may affect EMIs of loans
Updated : 3 years, 3 months ago IST
Bank linked their lending rates with repo rates on various term loans and this change in the repo rate will have an impact on the equated monthly instalment (EMIs) of citizens.
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Industry bodies welcome RBI's rate hike.
Updated : 3 years, 3 months ago IST
FICCI said this pragmatic approach of RBI will nurture growth and PHD Chamber said calibrated approach to maintain economic growth would be vital to attract investments as inflation is cooling down significantly.
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