Home » repo rate

You Searched For "repo rate"

The Union government, or for that matter, the ministry of finance should not interfere in the functioning and decision-making powers of the RBI. (Photo: AFP)

DBS expects modest rate cut at RBI's MPC meeting in October

RBI Governor Shaktikanta Das also reinforced his dovish bias due to weak inflation and negative output gap.

23 Sept 2019 3:12 PM IST

Leading public sector lenders State Bank of India (SBI) and Punjab National Bank (PNB) have put their 15 non-performing assets worth Rs 1,063 crore for sale.

SBI to adopt repo rate as external benchmark for all floating rate...

The external benchmark for all floating rate loans for MSME, housing and retail loans effective October 1, 2019.

23 Sept 2019 11:05 AM IST

Sanjeev Sanyal, principal economic adviser at the Finance Ministry.

More space on monetary side than fiscal for boosting growth: Sanyal

Economic growth hit over six-year low of 5 per cent for the first quarter ended June 2019 mainly driven by demand...

18 Sept 2019 12:42 PM IST

SBI to move RBI to offer fixed-floating rate home-loans: Chairman

SBI to move RBI to offer fixed-floating rate home-loans: Chairman

Floating rate loans are re-set as when the interest rates fall or rise, but fixed rate loans are reset in 9-12 months.

16 Sept 2019 9:54 AM IST

Currently, the repo operations are of short-term, usually of overnight, wherein banks can borrow money from the RBI at the prevailing repo rate.

RBI likely to go for further policy easing in Oct 4 meet

The central bank has already reduced the key policy rate four times in the current calendar year

13 Sept 2019 1:38 PM IST

The government was forecast to set a fiscal deficit target of 3.6 per cent of GDP for 2020-21, up from 3.3 per cent targeted for the current year, the poll found.

RBI makes mandatory for banks to link retail loans with external...

A move aimed at ensuring faster transmission of policy rate cuts to borrowers.

5 Sept 2019 10:49 AM IST

The RBI minutes from October policy review underscored the monetary policy committee members unanimous decision to keep rates lower.

RBI may put rate cuts on extended pause after spike in inflation

Economists said the MPC may watch for a possible reversal in food prices to see how inflation pans out in coming months.

15 Jan 2020 10:09 AM IST

Reserve Bank of India (RBI)

Highlights of RBI's sixth bi-monthly monetary policy statement for...

Next meeting of the MPC scheduled during March 31, April 1 and 3, 2020.

6 Feb 2020 1:04 PM IST

Economic Affairs Secretary Shaktikanta Das

RBI has many other tools to revive growth, not just interest rates:...

The governor said the continuity in policy from last pause should not be read as a pointer to future actions.

6 Feb 2020 12:50 PM IST

The inflationary expectations would be seeping even in the core inflation (non-food, non-fuel). Going forward, both external and internal factors would weigh on the mind of the Monetary Policy Committee of the RBI: Assocham

RBI revises upwards retail inflation projection to 6.5 pc for Jan-Mar...

RBI further said that the actual inflation outcome for Q2 at 5.8 per cent overshot projections by 70 bps.

6 Feb 2020 12:36 PM IST

Indias GDP growth forecast for the current fiscal to 7 per cent from 7.4 per cent.

RBI estimates GDP to expand at 6 pc in FY21

The survey, tabled in Parliament last month, estimated the GDP growth during FY21 at 6-6.5 per cent.

6 Feb 2020 12:32 PM IST

RBI Governor Shaktikanta Das.

Reserve Bank of India keeps key policy rate unchanged at 5.15 per cent

In the last MPC meet benchmark interest rate was cut by 0.25 per cent to 5.15 pc from 5.40 pc amid low inflation,...

6 Feb 2020 11:54 AM IST