Repo Rate

RBI Monetary Policy: MPC decides to keep repo rate unchanged at 6.5%

RBI Monetary Policy: Standing Deposit Facility Rate remains at 6.25%; while Marginal Standing Facility Rate and Bank Rate also unchanged at 6.75%

Explained: How RBI's repo rate hike could affect your loans, FDs

The RBI’s Monetary Policy Committee has decided to raise the repo rate – at which the central bank lends money to all commercial banks – by 25 basis points to 6.5 per cent. This is the sixth such hike since May 2022. Here’s what this means for the common man

RBI rate hikes: Sitharaman says with inflation falling, pressure on MPC to keep increasing rates now less

Finance Minister Nirmala Sitharaman's comments come at a time when the Reserve Bank of India (RBI) hiked key interest rates by 225 bps since May 2022 to battle the rising inflation

These banks provide 7% and above interest on 3-year, 5-year senior citizen fixed deposits

SBI has stated that senior citizens aged between 60 and 80 years will get an additional interest rate of 50 bps over applicable card rates for up to 5 years.

Realtors expect short-term impact on housing sales, buying sentiments following hike in repo rate

The impact of RBI's decision to raise the benchmark lending rate by 50 basis points to 5.40 per cent is expected to be for a short term, according to real estate developers and consultants

RBI monetary policy: Repo rate hiked by 50 bps to 5.4%, back to pre-pandemic levels

Announcing the RBI monetary policy review, Governor Shaktikanta Das said that the FY23 GDP growth forecast has been retained at 7.2 per cent

EMIs to rise after RBI hikes key interest rate by 50 bps

Today's increase of 50 basis points comes within five weeks after the RBI in early May hiked 40 basis point during an unscheduled meeting that kicked off the central bank's tightening cycle

RBI hikes repo rate by 50 bps to 4.90%, retains GDP growth forecast at 7.2%

RBI Governor Shaktikanta Das announced that the central bank's decision to raise MSF Rate and Bank rate to 5.15 per cent from 4.65 per cent

RBI to go for another 0.40 percent hike in rates at next week's policy review meet: Report

The RBI's rate-setting panel will follow it up with a 0.35 percent hike in rates at the next review in August, or make it into a 0.50 percent hike next week and a 0.25 percent increase in August, to make the total quantum of rate hikes at 0.75 percent

SBI announces 10 basis points hike in MCLR: Here's how it will impact your home, car loan EMIs

Introduced by the Reserve Bank of India in 2016, MCLR is the minimum interest at which banks can lend to their customers. MCLR is generally revised on a monthly basis