Search For "repo rate"
Stocks plunge despite RBI rate cut, financials under pressure
Updated : 6 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 6 (ANI): Equity benchmark indices were dragged down by financial stocks in afternoon trade on Thursday even though the Reserve Bank of India (RBI) reduced repo rate by 25 basis points to 5.75 per cent in its second bi-monthly monetary policy meet of fiscal
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RBI cuts repo rate by 25 basis points to 5.75 pc, shifts policy stance to
Updated : 6 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 6 (ANI): The Reserve Bank of India (RBI) on Thursday cut repo rate for the third consecutive time this year to 5.75 per cent from the current 6 per cent amid falling economic growth and uncertain global scenario.
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RBI cuts repo rate by 25 basis points to 5.75 pc
Updated : 6 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 6 (ANI): The Reserve Bank of India (RBI) on Thursday cut repo rate for the third consecutive time this year to 5.75 per cent from the current 6 per cent amid falling economic growth and uncertain global scenario.
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SBI introduces new interest rates from May Day
Updated : 6 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 1 (ANI): State Bank of India (SBI), the country's largest lender, on Wednesday linked loan and deposit rates to the repo rate of Reserve Bank of India (RBI).
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RBI cuts Repo rate by 0.25 per cent - now is the best time to avail high-i
Updated : 6 years, 11 months ago IST
Pune (Maharashtra) [India] April 9 (ANI/BusinessWire India): The last quarter of 2018 saw an increase in fixed deposit interest rates, due to factors such as an increase in loan to deposit ratio, falling value of Indian rupee and the rising crude prices. Owing to key rates rising by 0.5 p
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Piyush Goyal 'glad' over RBI governor 'making right moves'
Updated : 6 years, 11 months ago IST
New Delhi [India], Apr 5 (ANI): Union Minister of Railways and former Finance Minister Piyush Goyal on Friday expressed his happiness over the rate cuts announced by the RBI. He also praised the RBI Governor Shaktikant Das.
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RBI's repo rate cut largely in consonance with market expectations: SBI Ch
Updated : 6 years, 11 months ago IST
New Delhi [India], Apr 4 (ANI): State Bank of India Chairman Rajnish Kumar on Thursday hailed the RBI monetary policy announced earlier in the day, saying that the decision to cut repo rate by 25 basis points (bps) was largely in consonance with the market.
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Markets slide as technology, banking stocks taking a beating
Updated : 6 years, 11 months ago IST
Mumbai (Maharashtra) [India], Apr 4 (ANI): Equity benchmark indices retreated further on Thursday with banking and tech stocks witnessing correction after the Reserve Bank of India cut repo rate by 25 basis points in a bid to stimulate private investments and economic growth.
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RBI moves to stimulate growth, lowers repo rate by 25 basis points to 6 pc
Updated : 6 years, 11 months ago IST
Mumbai (Maharashtra) [India], Apr 4 (ANI): The Reserve Bank of India (RBI) on Thursday cut repo rate for the second consecutive time this year to 6 per cent from the current 6.25 per cent, a move that will cheer industry leaders over relief from high borrowing costs a week before the first p
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RBI cuts repo rate by 25 basis points to 6 pc
Updated : 6 years, 11 months ago IST
Mumbai (Maharashtra) [India], Apr 4 (ANI): The Reserve Bank of India (RBI) on Thursday cut repo rate for the second consecutive time this year to 6 per cent from the current 6.25 per cent, a move that will cheer industry leaders over relief from high borrowing costs a week before the firs
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Linking bank deposit rates with repo rates to speed up transmission proces
Updated : 7 years ago IST
Mumbai (Maharashtra) [India], Mar 9 (ANI): State Bank of India (SBI) Chairman Rajnish Kumar said on Saturday that the country's biggest lender will link its rates of bank deposits for Rs 1 lakh and above with Reserve Bank of India's repo rate.
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Smart investment moves for FY 2019-20
Updated : 7 years ago IST
Pune (Maharashtra) [India] Feb 19 (ANI): With the new financial year just around the corner, investment planning is at the back of the mind of most individuals. As a rule, your investment returns heavily depend on the economic conditions and the fluctuations in repo rate. It is hence, import
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