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Tag "repo rate"

RBI lifts business curbs imposed on American Express Banking Corp

RBI lifts business curbs imposed on American Express Banking Corp

🕔06:42, 25.Aug 2022

Mumbai, Aug 25 (IANS) The Reserve Bank of India (RBI) has lifted the business restrictions imposed on American Express Banking Corp due to the satisfactory compliance demonstrated by the entity to RBI rules, the central bank said in a release. “With

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Benchmark bond yield rises 9 basis bps post RBI hikes repo rate

Benchmark bond yield rises 9 basis bps post RBI hikes repo rate

🕔12:36, 5.Aug 2022

Mumbai, Aug 5 (IANS) The yield on benchmark government bond yields rose sharply by 9 basis points in the morning trade after the Reserve Bank of India (RBI) announced an increase of the repo rate by 50 basis points. The yield

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RBI names minority-dominated regions for banks’ priority lending schemes

RBI names minority-dominated regions for banks’ priority lending schemes

🕔05:12, 4.Aug 2022

Mumbai, Aug 4 (IANS) In a significant move, the Reserve Bank of India (RBI) has released a list of states, Union Territories and districts dominated by different minority communities for extending priority lending schemes implemented by scheduled commercial banks in the

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Banks raise lending rates: Here’s what realty experts have to say

Banks raise lending rates: Here’s what realty experts have to say

🕔13:31, 2.Jun 2022

Close on the heels of the Reserve Bank of India (RBI) recent hike in repo rate by 40 basis points, besides giving indications it would raise further in the upcoming monetary policy review meets, several Indian lenders too have raised

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Equities tank after RBI’s policy rate hike, settle sharply low

Equities tank after RBI’s policy rate hike, settle sharply low

🕔16:48, 4.May 2022

New Delhi, May 4 (IANS) Indian equity benchmarks on Wednesday plunged sharply and settled in the red after the Reserve Bank of India (RBI) announced a hike in repo rate. In a surprise and unscheduled move, the central bank raised the

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Policy support: RBI MPC retains accommodative stance, repo rate

Policy support: RBI MPC retains accommodative stance, repo rate

🕔14:53, 8.Apr 2022

Mumbai, April 8 (IANS) The Reserve Bank of India (RBI) on Friday retained its key lending rate during the first monetary policy review of FY23. Besides, the growth-oriented accommodative stance was also retained. Accordingly, the Monetary Policy Committee (MPC) of the

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RBI expected to go for cumulative rate rise of 125bps in fiscal 2023: Morgan Stanley

RBI expected to go for cumulative rate rise of 125bps in fiscal 2023: Morgan Stanley

🕔12:24, 4.Apr 2022

Morgan Stanley expects the RBI to embark on policy normalisation with a 15-20bps hike in the reverse repo rate to normalise the policy rate corridor in the upcoming MPC meeting. New Delhi, April 4 (IANS) Morgan Stanley expects the RBI to

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MPC members agree on repo rate, differ on accommodative stance

MPC members agree on repo rate, differ on accommodative stance

🕔07:03, 23.Dec 2021

Mumbai, Dec 23 (IANS) The six-member Monetary Policy Committee of the Reserve Bank of India had unanimously agreed on retaining the repo rate at its last meeting, but not all members favoured continuation of the “accommodative stance”. According to the minutes

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RBI unleashes more firepower; cuts Reverse repo; initiates TLTRO 2.0

RBI unleashes more firepower; cuts Reverse repo; initiates TLTRO 2.0

🕔13:13, 17.Apr 2020

New Delhi, April 17 To mitigate any economic fallout on financial liquidity due to Covid-19 pandemic, the Reserve Bank of India on Friday announc ed a set of new measures including a reduction in reverse repo rate. Accordingly, the rate now

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Major relief to real estate, Auto, MSME sector in RBI policy; REPO rates unchanged

Major relief to real estate, Auto, MSME sector in RBI policy; REPO rates unchanged

🕔13:17, 6.Feb 2020

By Prakash Bhargava  New Delhi – The RBI on Thursday decided to keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 5.15 per cent. Consequently, the reverse repo rate under the LAF remains unchanged at 4.90 per

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RBI keeps repo rate unchanged at 5.15%

RBI keeps repo rate unchanged at 5.15%

🕔12:44, 6.Feb 2020

Mumbai, Feb 6  The Reserve Bank of India on Thursday kept the benchmark rate of interest unchanged at 5.15 per cent in view of the uptick in inflation. The RBI has kept the repo rate unchanged at 5.15 per cent

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RBI may cut rate by 35-40 basis points (Market Watch)

RBI may cut rate by 35-40 basis points (Market Watch)

🕔16:44, 1.Dec 2019

NIFTY made a new lifetime high on Tuesday, November 26, and did so again two days later. Friday saw a sharp correction with the expected weak GDP numbers. The week ended with the BSESENSEX gaining 434.40 points or 1.08 per

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Next MPC meet may take call on lower repo rate: RBI chief

Next MPC meet may take call on lower repo rate: RBI chief

🕔06:37, 9.Oct 2019

Mumbai, Oct 9  RBI Governor Shaktikanta Das has said till the growth is revived, the RBI will continue to remain in an accommodative mode and therefore a conclusion on what is the minimum repo rate where the central bank will

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RBI reduces key lending rate by 25 bps; maintains accomodative stance

RBI reduces key lending rate by 25 bps; maintains accomodative stance

🕔12:09, 4.Oct 2019

Mumbai, Oct 4  To reverse the consumption slowdown and shore-up growth, the Reserve Bank of India on Friday reduced key lending rates for the fifth consecutive time. Accordingly, the the RBI’s monetary policy committee (MPC) in its fourth policy review

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SBI to adopt RBI’s repo rate as external benchmark

SBI to adopt RBI’s repo rate as external benchmark

🕔12:36, 23.Sep 2019

Mumbai, Sep 23  State Bank of India, the countrys largest lender, has decided to adopt RBIs repo rate as the external benchmark for all floating rate loans for MSME, home and retail loans from October 1. The benchmarks to which

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IDBI Bank launches repo rate-linked lending

IDBI Bank launches repo rate-linked lending

🕔15:00, 30.Aug 2019

Mumbai, Aug 30  State-run IDBI Bank has launched a new home loan and auto loan product linked to the Reserve Bank of India’s (RBI) repo rate. IDBI Bank has also introduced bulk deposits linked to the repo, or the central

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RBI to go for another rate cut to spur growth

RBI to go for another rate cut to spur growth

🕔14:55, 5.Jun 2019

New Delhi/Mumbai, June 5  A booster dose in the form of further rate cut is expected from the Reserve Bank to rekindle economic growth which has been stunted by low demand, receding production and stagnant wages. Economy watchers contend that

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RBI likely to maintain repo rate in Wednesday’s review

RBI likely to maintain repo rate in Wednesday’s review

🕔10:00, 4.Dec 2018

Mumbai, Dec 4  The RBI is expected to keep its key interest rate unchanged at its penultimate monetary policy review of the fiscal on Wednesday at a time when inflation – the central bank’s key concern – has softened, as

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RBI holds repo rate, but changes stance to ‘calibrated tightening’

RBI holds repo rate, but changes stance to ‘calibrated tightening’

🕔17:18, 5.Oct 2018

Mumbai, Oct 5  Belying market expectations of a hike, the RBI on Friday held its key lending rate unchanged in the context of an uncertain global economic scenario but turned hawkish, moving to a “calibrated tightening” from the “neutral” stance

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RBI unlikely to change repo rate at policy review

RBI unlikely to change repo rate at policy review

🕔13:50, 2.Apr 2015

Mumbai, April 2 The Reserve Bank of India (RBI) is widely expected to leave the repo rate, at which it lends to commercial banks, unchanged at 7.50 percent at its first bi-monthly monetary policy review of the new fiscal on

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