Tag: repo rate
Finanace Ministry Positive On RBI Decsion, Change In Stance
The Finance Ministry is positive on the RBI monetary policy panel's decision to cut the repo rate by 25 basis points (effecting a third consecutive reduction in 2019 and the all important change in its stance from "neutral to accomodative"), which would pave the way for consideration by RBI for any further rate cut. ....
RBI Slashes Lending Rate By 35 Bps To 5.40%
The Reserve Bank of India on Wednesday broke with convention by reducing its key lending rates by 35 basis points which is expected to make home and auto loans cheaper and rev-up the economy by unleashing consumption.....
RBI Cuts GDP Forecast To 5% In FY20; Sees Early Revival Signs
With the second quarter GDP slipping to a six-year low of 4.5 per cent and expected to remain muted, the Reserve Bank of India (RBI) on Thursday cut GDP growth forecast for the current fiscal to 5 per cent.....
RBI Raises Retail Inflation Estimate For FY22 To 5.7%
The Reserve Bank of India (RBI) has raised the retail inflation projection for the ongoing financial year to 5.7 per cent from the previous estimate of 5.1 per cent. ....
RBI Holds Repo Rate, But Changes Stance To 'calibrated Tightening'
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 it has maintained over its six previous policy reviews.....
RBI Cuts Lending Rate To 6.25%, Shifts Stance To 'neutral'
In the final monetary policy review of the current fiscal, the Reserve Bank of India (RBI) on Thursday lowered its key lending rate for commercial banks to 6.25 per cent.....
Inflationary Woes: RBI Retains Lending Rates, Maintains Accommodative Stance
To curb the rise in inflation, and stabilise the general economic environment, the Reserve Bank on Thursday retained its key short-term lending rates, but maintained its growth-oriented accommodative stance. ....
RBI Monetary Policy 2021: Repo Rate, Reverse Repo Rate Remain Same, 'local Lockdowns Could Hit Demand'
To support a faster economic recovery amid the surge in Covid-19 cases, the Reserve Bank retained its key short-term lending rates along with the growth-oriented accommodative stance during the first monetary policy review of FY22. ....
RBI Hikes Repo Rate By 40 Bps; CRR Increased By 50 Bps
Reserve Bank of India Governor Shaktikanta Das on Wednesday said that the Monetary Policy Committee (MPC) of the central bank, in an off-cycle meeting, hiked the repo rate by 40 basis points (bps) to 4.40 per cent with immediate effect. ....
RBI Keeps Repo Rate Unchanged At 4 Percent
Adopting a wait and watch approach, the Reserve Bank retained its key short-term lending rates along with the growth-oriented accommodative stance during the final monetary policy review of FY21. ....
