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Repo rate
Repo rate News
Repo rate
09 Feb 2024
Stable Repo Rates To Keep Residential Momentum Going Despite Global Headwinds
While home loan borrowers were hoping for a rate cut that would have reduced their EMIs, the RBI decided to maintain the status quo. Experts believe that a stable repo rate will keep the residential momentum going.
RBI Monetary policy review
08 Feb 2024
RBI to present monetary policy review
Induslnd bank
10 Aug 2023
Induslnd Bank Reduces Interest On Fixed Deposit By 0.25%, Check The New Rates
The Induslnd bank is now offering an interest between 3.5% to 7.50% on FDs depending on maturities of 7 days to 10 years. The new rates are implemented from August 05, 2023.
Sensex
10 Aug 2023
Sensex Slumps After Hawkish Tone In RBI Policy
BSE Sensex is trading down 326 points after RBI policy announcement at 65,669 points.
RBI
22 Jun 2023
RBI Members Diverge On Further Rate Hikes As Growth Risks Emerge
The Reserve Bank of India (RBI) kept its key lending rate steady for a second straight meeting on June 8, as widely expected, but signalled monetary conditions will remain tight for some time as it looks to further curb inflationary pressures.
home loans
14 Jun 2023
Home Loan Dilemma: Floating Or Fixed Rate Post RBI’s Rate Hike Pause?
RBI’s decision to maintain repo rates gets approval from housing industry. Borrowers, however, face a dilemma between fixed and floating-rate home loans. Floating rates can lead to potential future repo rate cuts.
rbi monetary policy meeting
08 Jun 2023
RBI makes big announcement, no change in Repo Rate
RBI Monetary Policy Meeting: Big news is coming regarding the monetary policy meeting of RBI. There has been no change in the interest rates in this meeting of RBI. The repo rate remains unchanged at 6.5%.
RBI
05 Mar 2023
RBI Likely To Settle For 25 Basis Points Repo Rate Hike: Experts
Since May last year, the Reserve Bank has increased the short-term lending rate by 225 basis points to contain inflation, mostly driven by external factors, especially global supply chain disruption following the Russia-Ukraine war outbreak.
ICICI Bank
24 Feb 2023
ICICI Bank Hikes Interest Rate On FDs From Feb 24; Check Latest Rates Here
ICICI Bank hikes interest rates on FDs between Rs 2 cr to Rs 5 cr. The new rates will be effective from February 24, 2023, according to the official website of ICICI Bank. ICICI Bank earlier increased the interest rate for fixed deposits below Rs 2 crore.
Morgan Stanley
16 Feb 2023
Interest Rate Hike Cycle in Asia Nearing its End: Morgan Stanley
In India too, the Monetary Policy Committee (MPC) of the RBI decided to raise the repo rate, the rate at which the RBI lends money to all commercial banks, by 25 basis points to 6.5 per cent. Since May last year, the RBI has increased the short-term lending rate by 250 basis points to contain inflation.
Canara Bank
11 Feb 2023
Unlike Other Lenders, Canara Bank Cuts Lending Rate by 15% Amid Repo Rate Hike
Reserve Bank of India (RBI) hiked the repo rate the sixth time to 6.50% in the February 6-8 Monetary Policy Committee meeting to rein high inflation.
RBI monetary policy 2023
08 Feb 2023
RBI Monetary Policy 2023: Realty Sector Expects Pressure on Sales Volumes
RBI hikes Repo rate by 25 bps to 6.50% on Wednesday. Realty sector expects increase in pressure in affordable and mid-housing segment.
RBI monetary policy 2023
08 Feb 2023
RBI MPC Meet Concludes Today - Here are 5 Key Takeaways
RBI increases Repo rate by 25 basis points to 6.50%. MPC took the decision with the majority vote of 4 against 2 in the meeting between February 6-8. Earlier, RBI MPC hiked repo rate by 35 bps in December 2022.
RBI monetary policy 2023
08 Feb 2023
RBI Monetary Policy 2023 Live Updates: Repo Rate Hiked by 25 bps to 6.5%
RBI Monetary Policy 2023 Live Updates: RBI's MPC has decided 4:2 vote to remain focused on withdrawal of accommodative policy.
RBI monetary policy 2023
06 Feb 2023
Will RBI to continue or hit the pause button on rate hike?
The RBI's MPC will be meeting on February 6-8 to decide on the policy rates.
Business
27 Dec 2022
Year-Ender 2022: Big news that dominated the Biz world in 2022 - In PICS
Many major events happened in business world this year as well, some of them will impact our lives in next year as well. RBI repo rate was one such crucial event as RBI had tried to keep inflation check via monetary tool throughout the year. Here are some important events that dominated the biz world in 2022.
Retail inflation
12 Dec 2022
Retail Inflation eases to 5.88% in November month: Govt data
India retail inflation dips to 5.88%. It is below than RBI's tolerance band. RBI hiked repo rate fourth-time by 35 basis points in recent MPC meeting.
home loan
07 Dec 2022
RBI hikes repo rate by 35 bps-- How much you have to pay for home loan now?
Read on to figure out the assumptive figure of EMI you have to pay a home loan of around Rs 25 lakh.
RBI monetary policy 2022
07 Dec 2022
Loan EMIs to go up, RBI hikes repo rates by 35 basis points to 6.25%
The six-member Monetary Policy Committee headed by Reserve Bank of India Governor Shaktikanta Das started deliberations on the bi-monthly policy review on Tuesday.
RBI monetary policy 2022
07 Dec 2022
Will loan borrowers get respite or not? RBI to decide today
The central bank had already hiked the key policy rate by 190 basis points since May to 5.9 per cent to cool off domestic retail inflation that has stayed above the RBI`s upper tolerance limit for over three quarters now. In October, retail inflation was 6.77 per cent as against 7.41 per cent the previous month.
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