Explained: What is Repo Rate and Reverse Repo Rate and How Does it Impacts The Economy
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Toshi Tiwari June 9, 2022 5:30 PM IST
Explained: Reserve Bank of India governor Shaktikanta Das announcing an increase of 50 basis points in the repo rate, the second hike in just over a month. In this video we are explaining what repo rate and reverse repo rate is and how does repo rate and reverse repo rate affects the economy.
India.com Business Desk June 9, 2022 5:19 AM IST
RBI MPC LIVE Updates: The Reserve Bank of India on Wednesday increased the repo rate by 50 basis points to 4.90%. The current repo rate is 4.40% after the rates were increased by 40 basis points at an off-cycle meeting of the Monetary Policy Committee.
India.com Business Desk April 8, 2022 11:07 AM IST
MPC Announcement: Inflation target for 2022-23 has been set at 5.7 per cent, with an assumption that oil prices will be $100 per barrel.
India.com Business Desk February 11, 2022 8:53 AM IST
Gold Rate Today: For 10 grams of 22-carat of the metal, Gold price in Mumbai is Rs 45,800 and Gold Price in Chennai is Rs 46,010. In Kerala, Gold rate today is Rs 45,800.
India.com Business Desk February 10, 2022 4:52 PM IST
RBI Monetary Policy Latest Update: As the RBI kept the status quo on key policy rates, the borrowers will continue to pay low rates on their home, car loans.
India.com News Desk February 10, 2022 10:09 AM IST
RBI Monetary Policy: "RBI keep repo rate unchanged at 4%, maintains accommodative stance. Reverse repo rate remains unchanged at 3:35%", said Shaktikanta Das.
India.com Business Desk February 9, 2022 11:23 AM IST
RBI News: RBI is holding its MPC meeting in Mumbai. Governor Shaktikanta Das, who is also the Chairman of the MPC, will announce the RBI monetary policy tomorrow.
India.com Business Desk January 24, 2022 5:20 PM IST
RBI News Today: In a release, the RBI said that the date of reversal is on January 25, 2022. RBI received bids of Rs 1.37 trillion against the notified amount of Rs 75,000 crore.
India.com Business Desk August 6, 2020 12:06 PM IST
The central bank has been taking steps proactively to limit the damage to the economy caused by the pandemic and subsequent lockdowns
India.com News Desk April 17, 2020 11:24 AM IST
Addressing his second press conference of lockdown and first since extension, RBI Governor Shaktikanta Das also announced a series of other key measures.
India.com Business Desk August 1, 2018 3:29 PM IST
The increase in key interest rate will have a direct impact on your EMIs, as banks are expected to soon increase their lending rates
India.com Business Desk August 1, 2018 2:38 PM IST
RBI announces the key policy rates today, concluding the two-day long monetary policy committee.
India.com Business Desk August 1, 2018 12:55 PM IST
There are mixed expectations as few analysts suggest the regulator may probably increase the repo rate by 25 basis points to a two-year high of 6.5 per cent
India.com Business Desk June 6, 2018 2:39 PM IST
While the economy is growing, retail inflation has also increased on the back of rising global crude oil prices.
Teena Jain Kaushal June 5, 2018 11:39 AM IST
It is the first time that the Monetary Policy Committee (MPC) meeting is held for three days citing "administrative exigencies".
India.com Business Desk December 6, 2017 3:01 PM IST
The Central Bank also maintained its projection for FY18 real GVA growth at 6.7 per cent, saying the risks are evenly balanced. The committee had last cut the key lending rate by 25 basis points in August this year.