The latest decision brings the repo rate from 6.50 per cent to 6.25 per cent. Sanjay Malhotra, the newly appointed RBI ...
How to Calculate the Repo Rate? The interest rates that commercial banks pay to the RBI or get when they put money in the RBI must be agreed upon and standardised. The repo rate is key to keeping ...
It last hiked the repo rate to 6.5 per cent in February 2023 and since then it has held the rate at the same level. The government has tasked the RBI to ensure consumer price index (CPI ...
The Reserve Bank of India (RBI) reduced its key repo rate on Friday for the first time since May 2020, aiming to provide ...
RBI MPC reduces the repo rate by 25 bps to 6.25%, marking the first cut in nearly 5 years, aiming to balance liquidity and ...
RBI MPC Meet Live ... and possibly delay the start of rate cut cycle by a quarter or two. Thus, repo rate has been unchanged at 6.5% today. Earlier this week, with the European Central Bank ...
After this final rate hike, we expect the repo rate to be maintained at 6.5 per cent for a prolonged period," said Upasna Bhardwaj, Chief Economist at Kotak Mahindra Bank. 6. The RBI tracks consumer ...
RBI Cuts Repo Rate for the First Time in Five Years Reserve Bank of Indias Monetary Policy Committee decided to reduce the ...
India’s central bank said on Wednesday it will conduct variable rate repo (VRR ... data from the Reserve Bank of India showed. VRR auctions enable the Reserve Bank of India (RBI) to inject ...
the Reserve Bank of India (RBI) has announced daily variable rate repo (VRR) auctions on all working days in Mumbai to address the prevailing liquidity crunch in the banking system. The auctions ...
In a first, the Reserve Bank of India (RBI) has announced that it will conduct daily variable rate repo (VRR) auctions on all working days in Mumbai, until further notice. Illustration ...