[ad_1] The Reserve Bank of India’s key interest rate was raised by 50 basis points on Wednesday as widely expected, the second hike in as many months, in a bid […]
Tag: rbi increases repo rate
These banks increased interest rates after surprise RBI repo rate hike
[ad_1] State-owned Indian Bank is the latest lender which has decided to revise the repo-linked lending rate with effect from May 9, after the Reserve Bank of India (RBI) hiked […]
Repo rate hiked: Why the RBI move is bad news for loan borrowers
[ad_1] The Reserve Bank of India (RBI) on Wednesday increased the key interest by 40 basis points in a surprise move, set to hit those who were about to take […]
Explained: How changes in repo rates affect stock markets
[ad_1] In a surprise move on Wednesday, the Reserve Bank of India (RBI) increased the key interest rate by 40 basis points to tame inflation that has remained stubbornly above […]
RBI hikes repo rate to 4.0% in a surprise move, EMIs likely to go up
[ad_1] Reserve Bank of India (RBI) governor Shaktikanta Das on Wednesday announced that Monetary Policy Committee (MPC), in an unscheduled policy review with a view to contain inflation, voted unanimously […]