Search For "repo rate"
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.
Read More
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.
Read More
HDFC raises interest rate on home loans by 0.30 per cent
Updated : 3 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 7 (ANI): Just three days after the Reserve Bank of India (RBI) hiked the policy repo rate, the country's largest mortgage lender Housing Development Finance Corporation (HDFC) on Saturday announced 0.30 per cent increase in its home loans.
Read More
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.
Read More
Sensex rises 599 points on positive cues from global equities
Updated : 3 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 5 (ANI): The Indian stock markets' key indices, Sensex and Nifty, were trading with gains of over one per cent in the early afternoon session on Thursday, led by strong buying support in metal, IT and banking stocks as lower than expected rate hikes by the U
Read More
'Face-saving formula': TMC takes dig at BJP over post-poll violence annive
Updated : 3 years, 10 months ago IST
Kolkata (West Bengal) [India], May 4 (ANI): With the West Bengal Bharatiya Janata Party (BJP) observing one year anniversary of post-poll violence in the state, Trinamool Congress claimed that it is the anniversary of their "disaster" and "defeat" and BJP is using it as "face-saving" formula
Read More
Sensex tumbles 1307 points after RBI's surprise 0.40 per cent repo rate hi
Updated : 3 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 4 (ANI): The Indian stock markets' key indices, Sensex and Nifty, slumped by more than two per cent on Wednesday after the Reserve Bank of India (RBI) made a surprise announcement to hike policy repo rate by 0.40 per cent.
Read More
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.
Read More
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.
Read More
Inflation worries dominated RBI's April 6-8 Monetary Policy Committee meet
Updated : 3 years, 10 months ago IST
Mumbai (Maharashtra) [India], April 22 (ANI): Challenges posed due to persistently high inflation dominated the Reserve Bank of India's Monetary Policy Committee meeting held during April 6-8, as per the minutes of the meeting released by the RBI on Friday.
Read More
RBI may shift focus to inflation, start hiking policy rates from August
Updated : 3 years, 11 months ago IST
New Delhi [India], April 9 (ANI): The Reserve Bank of India (RBI) has maintained the policy repo rate at a record low of 4 per cent for almost the past two years in order to support economic growth, hit by COVID-19 pandemic. Although in the first policy review of the current financial yea
Read More
Real estate sector to benefit from RBI's status quo on policy rates
Updated : 3 years, 11 months ago IST
New Delhi [India], April 8 (ANI): The Reserve Bank of India's decision to keep the policy repo rate at a low level of 4 per cent will benefit the real estate sector, industry experts said.
Read More