Repo Rate | The Asian Age

Friday, Dec 08, 2023 | Last Update : 04:17 AM IST

repo rate Page-4

Data for January-March quarter:2018-19 indicate that domestic investment activity has weakened and overall demand has been weighed down partly by slowing exports, the RBI said. (Representational Image)

RBI lowers economic growth forecast to 7 pc for FY20

Weak global demand due to escalation in trade wars may further impact India's exports and investment activity, said RBI.

06 Jun 2019 12:41 PM

Risks around the baseline inflation trajectory emanate from uncertainties relating to the monsoon, unseasonal spikes in vegetable prices, international fuel prices. (Representational Image)

RBI raises retail inflation forecast for Apr-Sept FY20 to 3-3.1 pc

Cutting benchmark lending rates for the third consecutive time, RBI slashed the repo rate by 0.25 pc

06 Jun 2019 12:29 PM

RBI cuts key rate by 25 bps, changes neutral policy stance to accommodative

Benchmark interest rate was cut by 0.25 per cent to 5.75 per cent from 6.00 per cent.

06 Jun 2019 12:04 PM

Beginning a three day review on Tuesday, the RBI’s six-member monetary policy committee (MPC) can draw comfort from subdued inflation.

RBI may cut rates, turn 'accommodative' after dismal GDP

Analysts say policymakers should also find ways to boost banks’ liquidity to ensure they drop their lending rates too.

04 Jun 2019 10:31 AM

The upcoming policy review will be RBI's first after the results of 2019 Lok Sabha elections.

RBI monetary policy panel starts discussions on monetary policy review

RBI has slashed repo rate by 25 basis points (0.25 percentage points) each in last two policy reviews.

03 Jun 2019 4:26 PM

RBI to cut rates in June, but analysts split on if it should: Report

RBI to cut its repo rate by 25 basis points at its June 4-6 meeting, bringing it to 5.75 per cent - the lowest since July 2010.

29 May 2019 11:16 AM

The government has a fiscal deficit target of 3.4 per cent of gross domestic product for 2019-20.

Next government seen relying on RBI rate cuts to spur growth

The two finance ministry officials said the government expects at least another 50 bps cut by August.

15 May 2019 3:38 PM

A 25 basis points cut in interest rate announced earlier this month by the RBI.

Weakening domestic growth impulses prompted RBI for rate cut: Minutes of MPC meet

Four of the six MPC members had voted in favour of a 25 basis points reduction in the repo rate.

18 Apr 2019 7:25 PM

Liquidity too has remained tight, thereby preventing them from reducing deposit rates.

Banks go thrifty with rate cut again; it’s 5 bps from SBI

The revised one-year MCLR stands at 8.50 per cent, down from 8.55 per cent earlier.

10 Apr 2019 1:31 AM

The move, which will bring relief to its borrowers, comes after the RBI cut the repo rate by 25 basis points last week.

HDFC plans to raise Rs 50,000 crore via bonds

The bank said its board will consider the proposal at its meeting on April 20, when it will also announce its quarterly results.

09 Apr 2019 1:36 AM

The Pune-based BoM reduced its one-year marginal cost of funds based lending rate (MCLR) to which most of the bank lending rates are linked, to 8.70 per cent from 8.75.

Bank of Maharashtra lowers lending rates by a nominal 5 basis points

RBI had cut repo rate to 6 pc from 6.25 citing need to support growth in bi-monthly monetary policy announced on Thursday.

06 Apr 2019 11:46 AM

Governor Shaktikanta Das publicly asking them to do more to pass rate cuts to the borrowers, bankers affirmed their commitment to work on the same.

Despite second RBI action, bankers non-committal to cut rates

The downward revisions in GDP and inflation projections reveal the near-term global headwinds, says SBI chairman.

05 Apr 2019 8:40 AM

RBI slashes repo rate, lowers GDP growth forecast

Repo rate is the key interest rate at which the RBI lends short-term funds to commercial banks.

05 Apr 2019 1:13 AM

"Taking into consideration these factors and assuming a normal monsoon in 2019, the path of CPI inflation is revised downwards to 2.4 per cent in Q4:2018-19, 2.9-3.0 per cent in H1:2019-20 and 3.5-3.8 per cent in H2:2019-20, with risks broadly balanced," the RBI said. (Representational Image)

RBI cuts inflation forecast to 2.9-3 pc for H1 FY20

In its previous policy outcome in February, the RBI had projected retail inflation between 3.2-3.4 per cent for the first half of 2019-20.

04 Apr 2019 12:38 PM

RBI cuts key rate by 25 bps to 6 pc to boost economic activitiy

The Monetary Policy Committee (MPC) also decided to maintain the neutral monetary policy stance.

04 Apr 2019 11:53 AM

More than 85 per cent of nearly 70 economists polled over the past week forecast the RBI would cut its benchmark lending rate, the repo rate, to 6.00 per cent on April 4.

RBI to cut rates again before vote; BJP victory best for economy: report

India’s growth outlook for the fiscal year ended in March was cut to 7.1 pc and 7.2 pc, respectively, from 7.3 pc.

02 Apr 2019 11:11 AM

The RBI had cut the repo rate by 25 basis points (bps) or 0.25 per cent in February after a gap of one-and-a-half years.

RBI to unveil this fiscal's first bi-monthly policy decision on Thursday

The resolution of the MPC will be placed on the website at 11.45 AM on April 4, 2019.

01 Apr 2019 2:27 PM

The report lowered its inflation forecasts and now see average headline CPI inflation at 3.4 per cent in FY19.

RBI likely to cut repo rate by 25 bps: Goldman Sachs

The brokerage expects another rate cut by the RBI by 25 bps in the third quarter of 2019.

28 Mar 2019 8:31 AM

In a first, SBI links pricing of loans, deposits to repo rate

The repo rate is currently at 6.25 pc after the Feb 7 review where the central bank surprisingly lowered the repo rate by 25 bps.

09 Mar 2019 12:17 PM

As per the latest data from the depositories, foreign investors pumped in Rs 1,17,899.79 crore into equities and pulled out Rs 1,00,680.17 crore in February, a net investment of Rs 11,183 crore into the stock market. (Photo: File)

FPI net inflows in stocks hit 15-mth high of Rs 17,220 crore in February

Foreign portfolio investors had pumped in a net amount of around Rs 19,728 crore into Indian stocks in November 2017.

03 Mar 2019 11:26 AM

4 of 10

Columns

Sunanda K Datta Ray