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Latest News on Repo Rate
Showing of 0 - 10 from 416 results
Repo Rate - Total results - 416
Sep 16, 2019
RBI governor Shaktikanta Das terms 5% GDP growth a 'surprise'; confident economy will look up with govt measuresWith regard to structural reforms, he said the RBI has already pointed out in its annual report.
Sep 10, 2019
RBI mandate to link retail, MSME loans with external benchmark rates is credit negative for banks: Moody'sThe RBI has so far this year cut interest rate by 110 basis points but lenders have transmitted only a part of it to borrowers in the form of a lower cost of taking loans.
Sep 05, 2019
RBI makes it mandatory for banks to link retail loans for housing, MSMEs with external benchmarks from 1 OctoberIn 2019, the RBI has already reduced the repo or short-term lending rate by 110 basis points, but the banks have reportedly passed on only up to 40 bps to borrowers.
Aug 30, 2019
United Bank of India, Allahabad Bank to offer repo-linked rates; will pass on benefit of RBI's rate cut to customersTwo city-based banks, United Bank of India (UBI) and Allahabad Bank, have decided to offer select loan products linked to repo rates to pass on the benefit of the RBI's rate cut to their customers, bank officials said on Friday
Aug 21, 2019
RBI MPC minutes: Weakening growth prompted central bank governor Shaktikanta Das to go for unconventional 35 bps rate cutWeakening of domestic growth impulses prompted RBI Governor Shaktikanta Das to opt for an unconventional rate cut of 35 basis points to push economic activities early this month, said the central bank on Wednesday
Aug 20, 2019
Oriental Bank of Commerce offers home, vehicle loans at new repo-linked rates of 8.35-8.75%State-owned Oriental Bank of Commerce (OBC) on Tuesday said customers can now avail home and vehicle loans at repo-linked interest rates starting from 8.35 percent and 8.70 percent, respectively
Aug 19, 2019
RBI Governor Shaktikanta Das wants banks to link loan, deposit rates to repo: Will common man get a fair deal finally?Time and again the RBI has expressed its displeasure over lack of proper monetary policy transmission in the banking system
Aug 19, 2019
RBI governor Shaktikanta Das says time banks link loans, deposits to repo rate; move can speed up monetary transmission processAfter over a dozen public sector banks, including State Bank, have voluntarily linked their loans and deposits pricing to the repo rate, Reserve Bank governor Shaktikanta Das Monday stressed on the need for the entire system switching to this model, saying such a moved can speed up the monetary transmission process
Aug 09, 2019
Repo rate cut impact: SBI home loan EMI to come down to 8.25% from tomorrow after lender cuts interest rateOn 7 August, SBI cut its benchmark lending rates by 15 basis points across all tenors, shortly after the RBI central bank slashed the repo rates by 35 basis points.
Aug 08, 2019
Heavy Rains and Floods Updates: Two IAF choppers deployed for rescue operations in Belagavi, nine dead in KarnatakaHeavy Rains and Floods Updates: The Maharashtra district administration in Sangli said that nine people had died in the rescue boat capsizing accident while three were feared drowned.