Repo Rate
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June 02: Top 5 News Headlines you might have missed today
India | Jun 02, 2015, 09:30 PM ISTRBI cuts repo rate by 25 bps, CRR unchangedGiving in to overwhelming demands for an easing of the monetary policy, the Reserve Bank of India (RBI) on Monday lowered its short-term lending rate by 25
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Know how repo rate cut may reduce your EMI
Jun 02, 2015, 06:48 PM ISTNew Delhi: The Reserve Bank of India today slashed its short-term lending rate by 25 basis points in its bi-monthly monetary policy review. After the cut, the repo rate will decline to 7.25 per cent
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RBI cuts repo rate by 25 bps, CRR unchanged
Jun 02, 2015, 06:02 PM ISTMumbai: Giving in to overwhelming demands for an easing of the monetary policy, the Reserve Bank of India (RBI) on Monday lowered its short-term lending rate by 25 basis points in a move that could
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RBI may cut policy rate to spur investment: Bankers
May 31, 2015, 04:56 PM ISTNew Delhi: RBI is expected to cut its policy rate on Tuesday to prop up economic activity and boost investment as inflation remains low and fiscal deficit has been contained.Deflationary pressure persisted for the sixth
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Ex-FM Yashwant Sinha welcomes RBI repo rate cut
Mar 04, 2015, 11:46 PM ISTKolkata: Former Union Finance Minister and senior BJP leader Yashwant Sinha today welcomed the Reserve Bank of India's decision to cut the key policy rate by 25 basis points and described it as a ‘positive
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SBI to cut interest rate based on evolving circumstances: Arundhati Bhattacharya
Mar 04, 2015, 02:12 PM ISTMumbai: India's largest mortgage lender State Bank of India (SBI) would decide on reducing its interest rates on the basis of emerging circumstances.Welcoming the Reserve Bank of India (RBI) decision to cut its key lending
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Rate cut to give boost to economy; EMIs to come down: Jayant Sinha
Mar 04, 2015, 11:48 AM ISTNew Delhi: Expecting a near-term boost to economy from RBI's rate cut, Minister of State for Finance Jayant Sinha today said the decision should bring down the loan EMIs significantly and there is room for
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Sensex breaches 30,000 mark for the first time as RBI cuts repo rate by 25 bps
Mar 04, 2015, 11:49 AM ISTNew Delhi: The Reserve Bank of India's surprise interest rate cut sent the market soaring with the Sensex breaching the 30,000 point mark for the first time in its history.The Nifty also crossed 9,100-mark for
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RBI cuts repo rate by 25 bps
Mar 04, 2015, 11:07 AM ISTNew Delhi: Within days of presentation of the Budget, the Reserve Bank today surprised markets by reducing the benchmark interest rate by 0.25 per cent to 7.5 per cent on the back of softening inflation
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RBI cuts repo rate by 25 bps, EMIs set to fall
Jan 15, 2015, 05:48 PM ISTNew Delhi: In a surprise move, the Reserve Bank of India (RBI) today slashed the repo rate by 25 bps to 7.75 per cent with a view to boost growth.Read full statement of Raghuram G
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No change in EMIs likely as RBI keeps interest rate on hold
Apr 01, 2014, 03:44 PM ISTNew Delhi: EMIs for housing and car loans are likely to remain unchanged after the Reserve Bank today maintained the status quo on the key policy rate (repo), as was widely expected, and said there
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India Inc wants RBI to cut repo rate by 0.5%
Mar 30, 2014, 06:57 PM ISTNew Delhi: Reeling under the double whammy of a slowing economy and the high cost of credit, India Inc wants the Reserve Bank to cut the key interest rate in its upcoming monetary policy. Industry's demand
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Bankers rule out rate cuts as RBI keeps key rates unchanged
Dec 18, 2013, 11:45 PM ISTMumbai: Bankers today ruled out a reduction in interest rates even as the Reserve Bank kept key policy rates on hold.Bank of India Chairperson V R Iyer said there was no room for cutting lending
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Rupee depreciates another 8 paise to 62.09 against dollar
Dec 18, 2013, 06:25 PM ISTMumbai: The rupee surrendered initial gains and fell for the second day, losing eight paise to 62.09 against the dollar today as concerns about the US Federal Reserve tapering its stimulus programme outweighed the RBI's
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RBI likely to raise repo rate by 0.25 per cent to tame inflation
Dec 17, 2013, 10:18 PM ISTNew Delhi: With food prices showing no signs of abatement, the Reserve Bank is likely to hike its key policy rate by 0.25 percent Wednesday, the third straight increase under Governor Raghuram Rajan as part
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No single data point to determine RBI's next move, says Raghuram Rajan
Nov 16, 2013, 08:37 PM ISTNew Delhi: Reserve Bank Governor Raghuram Rajan today said no single data point will determine the central bank's next move on curtailing high inflation amidst a weak economy, even as he hoped that a good
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Double-digit retail inflation back with Oct figure at 10.09 pc
Nov 12, 2013, 07:06 PM ISTNew Delhi: Costlier vegetables and fruits, such as onions and tomatoes, drove retail inflation to 10.09 per cent in October, entering double digits after seven months.Inflation as measured by the consumer price index (CPI) was
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SBI raises fixed deposit rate by 0.2% on select maturity
Oct 31, 2013, 05:04 PM ISTNew Delhi: Days after RBI hiked short-term lending (repo) rate by 0.25 percent, State Bank of India (SBI) on Thursday raised fixed deposit rate by 0.2 percent on select maturity.With the revision, term deposit between
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Inflation demon back to hound Indian policymakers
Sep 22, 2013, 04:45 PM ISTNew Delhi: When Raghuram Rajan moved to Mint Street in Mumbai earlier this month, expectations were high that he would ease the monetary policy to support growth.Contrary to expectations, Rajan hiked the key policy interest
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Lord Paul welcomes RBI's decision to hike repo rate
Sep 22, 2013, 04:08 PM ISTLondon: Praising the new RBI Governor Raghuram Rajan for “not falling to populism”, leading NRI industrialist Lord Swraj Paul today supported the decision to raise a key interest rate which had disappointed the Indian industry.“I