[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 […]
Tag: repo rate increase effects
‘RBI’s repo rate hike no surprise, but…’: Nirmala Sitharaman’s first reaction
[ad_1] Union finance minister Nirmala Sitharaman has said the Reserve Bank of India’s (RBI) recent decision to raise the repo rate was not surprising for her and the government but […]
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 […]
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 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 […]