Search For "repo rate"
RBI hikes repo rate by 50 bps to fight high inflation, tightening policies
Updated : 3 years, 5 months ago IST
Mumbai [India], September 30 (ANI): Reserve Bank of India's Governor Shaktikanta Das today announced the hike of the repo rate, the key lending rate, by 50 bps to 5.9 per cent. Explaining the rationale behind the policy, the governor said the bleak global economic outlook, persisting inflati
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RBI hikes repo rate by 50 bps to 5.90 pc, inflation projection retained at
Updated : 3 years, 5 months ago IST
Mumbai [India], September 30 (ANI): The Reserve Bank of India (RBI) on Friday hiked repo rate by 50 basis points to 5.90 per cent in order to control the rising inflation, keeping in line with the aggressive policies of central banks and the volatile markets prevalent across economies. Read More
Indian markets open in negative territory during morning trade
Updated : 3 years, 5 months ago IST
Mumbai [India], September 30 (ANI): Indian markets on Friday were volatile and in negative territory during the morning trade. At 9.25 IST, the 30-share Sensex fell 0.33 per cent to 56,224 while Nifty was down 0.31 per cent to 16,786, as market participants track global cues and wait for RBI
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Three-day RBI monetary policy meet starts today; another repo rate hike li
Updated : 3 years, 5 months ago IST
Mumbai (Maharashtra) [India], September 28 (ANI): The monetary policy committee of the Reserve Bank of India is all set for its bi-monthly review meeting starting today.
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Rupee falls to a lifetime low, breaches 81 mark versus USD
Updated : 3 years, 5 months ago IST
Mumbai [India], September 23 (ANI): Indian rupee fell to an all-time low against the US dollar on Friday, breaching the 81 mark, as the greenback strengthened on the back of the Federal Reserve repo rate hike.
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US Fed signals aggressive rate hike: how will it impact Indian economy?
Updated : 3 years, 5 months ago IST
New Delhi [India], September 22 (ANI): The Federal Reserve, the central bank of the United States, on Wednesday hiked policy interest rate by 75 basis points. This is the third straight increase in interest rate by the Federal Reserve since June and it has signalled more large increases in t
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Morgan Stanley expects 50 bps repo rate hike in next RBI policy meet
Updated : 3 years, 5 months ago IST
New Delhi [India], September 19 (ANI): Faced with sticky inflation and a continued hawkish stance by various central banks, the Reserve Bank of India is likely to raise repo rates by another 50 basis points with an unchanged policy stance when it meets for the next monetary review, global in
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LIC Housing Finance hikes lending rates by 50 basis points
Updated : 3 years, 6 months ago IST
Mumbai (Maharashtra) [India], August 22 (ANI): LIC Housing Finance Ltd, a leading housing finance company in India, on Monday announced 50 basis points increase in lending rates following the Reserve Bank of India's recent decision to hike policy repo rate.
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RBI hikes repo rate: How real estate developers reacted
Updated : 3 years, 7 months ago IST
New Delhi [India], August 8 (ANI/NewsVoir): Coming on the heels of a 50 BPS increase in the last MPC meeting, the hike in repo rate of 50 BPS by RBI last week raises the lending rate to 5.4 per cent and brings it at par with pre-pandemic levels. Even though it appears marginal, it has evoked
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Canara Bank hikes lending rate by 50 basis points
Updated : 3 years, 7 months ago IST
Mumbai (Maharashtra) [India], August 6 (ANI): Canara Bank has decided to hike its repo rate linked lending rate by 50 basis points or 0.50 per cent to 8.30 per cent with effect from August 7.
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Sensex closes 89 points higher as RBI hikes policy repo rate by 50 bps
Updated : 3 years, 7 months ago IST
Mumbai (Maharashtra) [India], August 5 (ANI): The Indian stock market's benchmark Sensex closed 89 points higher in a volatile session on Friday after the Reserve Bank of India (RBI) hiked the policy repo rate by 50 basis points to tame inflation.
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RBI Governor says, 50 bps rate hike is the new normal across the world
Updated : 3 years, 7 months ago IST
Mumbai (Maharashtra) [India], August 5 (ANI): The Reserve Bank of India (RBI) Governor Shaktikanta Das on Friday said 50 basis points or 0.50 per cent hike in policy rates has become a new normal for the central banks across the world.
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