[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 […]
Tag: What Is repo rate
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 […]
