[ad_1] India’s foreign exchange reserves declined for a seventh straight week, touching $545.652 billion in the week ending September 16, Reserve Bank of India’s data showed on Friday. In the […]
Tag: RBI News
RBI shocks markets with lending rate hike before US Federal Reserve’s decision
[ad_1] India’s central bank raised its key interest rate and moved to drain liquidity from the banking system in a surprise move Wednesday, sending bonds and stocks crashing, as it […]
RBI raises repo rate by 40 basis points as inflation bites
[ad_1] NEW DELHI: In a bid to tame the rising inflation in the country, the Reserve Bank of India (RBI) has decided to raise the repo rate by 40 basis […]
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 […]
Explained: What are repo rate, reverse repo and monetary policy
[ad_1] The Reserve Bank of India on Friday issued its monetary policy report and kept key lending rates – repo rate and reverse repo – unchanged at 4 per cent […]
RBI keeps key lending rate unchanged, real GDP growth projected at 7.2%
[ad_1] In the first monetary policy of the new financial year, the RBI has kept the repo rate – or the key lending rate – unchanged. “The Monetary Policy Committee […]