[ad_1] The Reserve Bank of India (RBI) is likely to increase the policy repo rate by 25 to 50 basis points on Friday, the third hike since April – the […]
Tag: RBI repo rate
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 […]
Sensex crashes by over 1,200 points on RBI’s surprise repo rate hike
[ad_1] Equity markets fell sharply in late afternoon trade on Wednesday, with the Sensex crashing over 1,200 points after the Reserve Bank increased the benchmark lending rate to 4.40 per […]
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 […]
RBI to hike repo rate in June to tackle rising inflation: Report
[ad_1] The Reserve Bank of India will raise its repo rate in June and hike at a faster pace than predicted just a few weeks ago as a surge in […]
RBI holds key rates at record lows, ups inflation forecast
[ad_1] The Reserve Bank of India (RBI) on Friday kept two benchmark economy-wide interest rates unchanged at record lows, signalling that the central bank continues to prioritise growth recovery despite […]
Shares inch up as RBI keeps rates steady to support growth
[ad_1] The decision comes against the backdrop of several global peers, including the US Federal Reserve, starting to raise rates to counter a price surge. Shares edged higher on Friday […]