As expected, the monetary policy committee of the Reserve Bank of India (RBI) in its October review meeting decided to keep the policy repo rate unchanged at 6.5 per cent, maintaining status quo for the fourth straight occasion. The repo rate is the rate of interest at which the RBI lends to
The monetary policy committee of the Reserve Bank of India (RBI) in its October review meeting kept overall 2023-24 growth and inflation unchanged from their earlier estimates, even as the central bank flagged concerns about high inflation.
The monetary policy committee of the Reserve Bank of India (RBI) in its October review meeting unanimously decided to keep the policy repo rate unchanged at 6.5 per cent, thus maintaining status quo for the fourth straight occasions.
A glance at the composition of the Nifty Companies indicated that there were 17 advances, 32 declines, and 1 remained unchanged at the time of market opening.
RBI in its past three meetings – April, June, and August -- held the repo rate unchanged at 6.5 per cent. The repo rate is the rate of interest at which RBI lends to other banks.
The US Federal Reserve in its September policy meeting left the key interest rate unchanged at 5.25-5.50 per cent but cautioned it may go for additional tightening of monetary policy if need be.
In the wake of the Nipah virus outbreak in Kozhikode district, the district collector has declared a holiday for all educational institutions including Anganwadis, Madrasas, Tuition Centers) including professional colleges on September 16, in addition to the two-day holiday already declared
In the Nifty index, 28 companies recorded advances, 21 registered declines, and 1 remained unchanged, reflecting a mixed trading sentiment among investors.
Delhi-NCR [India], August 14: The Reserve Bank of India announced the latest update on Repo rates and mentioned that it would remain stable at 6.5%. After consecutive hikes leaving multiple industries in a fix, this is the third time in a row that the authorities have decided to keep the rat
The Reserve Bank of India in its three-day monetary policy committee meeting unanimously decided to keep the repo rate unchanged at 6.5 per cent – for the third time in a row, something most financial market experts had expected.
The Reserve Bank of India in its three-day monetary policy committee meeting unanimously decided to keep the repo rate unchanged at 6.5 per cent, something most financial markets had expected.