All Stories for Repo Rate
RBI Monetary Policy: MPC decides to keep repo rate unchanged at 6.5%
Umang Sharma • 2 years agoRBI 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
Fp Explainers • 2 years agoThe 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
Fp Staff • 2 years agoFinance 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
Trendingdesk • 2 years agoSBI 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
• 3 years agoThe 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
Fp Staff • 3 years agoAnnouncing 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
• 3 years agoToday'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%
Fp Staff • 3 years agoRBI 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
• 3 years agoThe 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
Trendingdesk • 3 years agoIntroduced 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