Repo Rate
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Look forward to repo rate cut by RBI in future: India Inc
Business | Jun 04, 2021, 02:37 PM ISTRBI decided to leave the benchmark interest rate unchanged at 4 per cent, but maintained an accommodative stance as the economy faces the brunt of the second COVID wave
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RBI keeps repo rate unchanged at 4%, projects 10.5% GDP growth in FY22
Business | Feb 05, 2021, 11:44 AM ISTThe Reserve Bank of India (RBI) on Friday left interest rates unchanged at 4 per cent. This is the fourth time in a row when the RBI has left the rate unchanged.
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Bank of Maharashtra: Loans to get cheaper as lender cuts repo-linked lending rate by 15 bps
Business | Nov 09, 2020, 02:35 PM ISTState-owned Bank of Maharashtra has reduced its repo linked lending rate (RLLR) by 15 basis points to 6.90 per cent. The lender's retail and MSME loans are linked to RLLR. The new rates are effective from November 7.
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RBI announces steps to ease pressure on liquidity: All you need to know
Business | Aug 31, 2020, 05:27 PM ISTRBI has announced term repo operations totalling Rs 1 lakh crore in mid-September to ease pressure on the liquidity and maintain congenial financial conditions with a view to ensuring sustainable recovery of economic growth.
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RBI keeps repo rate, reverse repo rate unchanged
News | Aug 06, 2020, 04:48 PM ISTReserve Bank of India (RBI) on August 06 announced that repo rate and reverse repo rate will remain unchanged.
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Govt closely monitoring repo rate cut transmission by banks to customers: FM
Business | Jun 19, 2020, 10:54 PM ISTFinance Minister Nirmala Sitharaman on Friday said the government is monitoring progress of various relief measures, especially the transmission of repo rate cuts to corporates and consumers to stimulate the economy, hit by COVID-19 crisis.
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RBI move to cut repo rates progressive: SICCI
Business | May 22, 2020, 08:09 PM ISTReserve Bank of India's announcement to cut repo rates and extend moratorium is 'progressive' and focuses more on developmental and regulatory policy measures, the Southern India Chamber of Commerce and Industry said on Friday.
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RBI cuts reverse repo rate by 25 bps to 3.75%
Business | Apr 17, 2020, 01:05 PM ISTThe Reserve Bank of India (RBI) has cut the reverse repo rate by 25 bps to 3.75% while there is no change in the repo rate, announced Governor Shaktikanta Das in a video conference on Friday.
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RBI puts a pause on EMIs for 3 months in fight against COVID-19
Business | Mar 27, 2020, 12:49 PM ISTThe Reserve Bank of India (RBI) on Friday allowed all the banks to hold EMIs for a period of 3 months. The development has come as the government's relief measures amid coronavirus lockdown in the country which has affected business and may lead to economic slowdown both national and globally.
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RBI Press Conference | Highlights
Business | Mar 16, 2020, 05:06 PM ISTReserve Bank of India (RBI) governor Shaktikanta Das is holding a press conference as market mayhem continues due to concerns coronavirus (Covid-19) pandemic. RBI Governor Press Conference LIVE: Shaktikanta Das speaks on Yes Bank:
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Experts hail RBI measures to boost economy, improve money supply
Business | Feb 06, 2020, 03:52 PM ISTEconomists and financial experts have welcomed RBI's widely expected status quo on repo rate, and other announcements to spur economic growth and ensure money supplies effectively. The RBI on Thursday kept the key policy rate unchanged at 5.15 per cent.
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Repo rate remains unchanged at 5.15%: RBI
News | Feb 06, 2020, 04:45 PM ISTReserve Bank of India (RBI) announced that repo rate remained unchanged at 5.15% and maintained accommodative stance.
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Attention! SBI likely to charge processing fees on home loans
Business | Oct 11, 2019, 12:17 PM ISTSBI Home Loan Processing Fee: India's largest lender State Bank of India (SBI) is likely to charge processing fees for home loans borrowers, top-up plans and corporate and builder loans.
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SBI home loans to get cheaper as bank reduces key lending rates
Business | Oct 09, 2019, 07:05 PM ISTIn this financial year, SBI has cut its MCLR or minimum lending rate for the sixth time. However, the rate reduction is not applicable to repo-linked loans.
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As RBI cuts repo rate; home, car personal loans EMI to get cheaper
Business | Oct 04, 2019, 03:05 PM ISTRBI Repo Rate Cut: The Reserve Bank of India (RBI) on Friday cut its benchmark lending rate by 0.25 per cent to revive growth that has hit a six-year low of 5 per cent. With this cut, the repo rate, at which it lends to the system, will now come down to 5.15 per cent and push consumption during the ongoing festival season. RBI's move has brought a bunch of good news for those who are looking at taking a new loan.
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Vegetable prices unlikely to go down in next few weeks: RBI
Business | Oct 04, 2019, 01:50 PM ISTOn the positive side, however, the impact of monetary policy easing since February 2019 is gradually expected to feed into the real economy and boost demand.
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RBI cuts repo rate by 25 bps, reverse repo rate adjusted to 4.90 pc
Business | Oct 04, 2019, 12:18 PM ISTThe RBI's repo rate cut comes as a boost to the ailing economic growth, as the traders will now focus on the wording and tone of the monetary policy statement for clues on further easing.
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RBI likely to cut repo rate for 5th time by 25 bps to boost ailing eco
Business | Oct 02, 2019, 01:50 PM ISTThe Reserve bank of India (RBI) is expected to cut the key policy rate again for the fifth in a row on Friday to complement the government's measures like reducing corporate tax and promoting credit offtake to spur economic activity during the festive season amid range-bound inflation.
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PNB, Allahabad Bank launch loan products linked to repo rate
Business | Aug 27, 2019, 09:18 PM ISTLeading state-owned lender Punjab National Bank and Allahabad Bank on Tuesday announced linking of their retail loans with the Reserve Bank's repo rate, which will make loans cheaper.
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What caused RBI to shift from convention on rate cut
Business | Aug 22, 2019, 07:08 AM ISTThe Reserve Bank of India had raised quite a few eyebrows when it announced an unconventional 35 basis points rate cut during its bi-monthly policy meet earlier this month.