Will Your EMIs Get Cheaper This Year? SBI Chief CS Setty Says This On RBI Repo Rate Cut
The RBI kept the repo rate unchanged at 6.5 percent in its August bi-monthly review amid risks from higher food inflation.
Sep 18, 2024, 16:24 PM ISTRBI to present monetary policy review
RBI Monetary Policy Review: RBI is going to present a review of monetary policy today. The Governor will give the report at 10 am.
Feb 08, 2024, 07:40 AM ISTRBI Cuts India's Inflation To 5.2 % For FY 2023-24
Retail inflation has remained above the RBI's upper tolerance level of 6 per cent for two months and in February it was 6.44 per cent.
Apr 06, 2023, 11:29 AM ISTRBI Slightly Increases India's GDP Growth Projection to 6.5 %
Asian Development Bank also expects India's economic growth to moderate to 6.4 per cent due to tight monetary conditions and elevated oil prices, as compared to 6.8 per cent expansion for the financial year ended March 2023.
Apr 06, 2023, 11:16 AM ISTRBI Likely To Announce Another Repo Rate Hike Tomorrow To Manage Inflation
Raising interest rates is a monetary policy instrument that typically helps suppress demand in the economy, thereby helping the inflation rate decline.
Apr 05, 2023, 20:45 PM ISTRBI could hike repo rate by another 1% in FY23: Report
Crisil said price rise is getting broad-based, and the Reserve Bank is likely to respond with rate hikes of up to 1 percentage point in FY23.
May 12, 2022, 21:05 PM ISTBanks in no hurry to link repo with interest rates
Also, several PSU banks have not responded when asked if they planned to go for the external benchmark linking with repo rate.
Mar 12, 2019, 13:00 PM ISTIn a first, SBI links pricing of loans, deposits to repo rate
The new rates linked the external benchmark rate of the repo rate, will be effective May 1, the bank said in a late evening statement.
Mar 08, 2019, 22:44 PM ISTRBI likely to stay on hold for rest of FY'19 : Report
In the policy review meet earlier this month, majority of RBI's six-member MPC favoured to keep the key repo rate unchanged.
Oct 22, 2018, 18:06 PM ISTRBI rate-setting panel begins three-day meet
After two successive hikes, the repo rate currently stands at 6.50 percent.
Oct 03, 2018, 15:56 PM ISTRBI hikes repo rate by 25 basis points to 6.50%, maintains neutral stance
This is the first time since October 2013 that the central bank has hiked borrowing costs at two consecutive policy meetings.
Aug 01, 2018, 14:38 PM ISTRBI hikes Repo rate to 6.25%, Reverse Repo rate to 6%
On the basis of an assessment of the current and evolving macroeconomic situation at its meeting today, the 6-member Monetary Policy Committee (MPC) decided to hike the rates.
Jun 06, 2018, 14:44 PM ISTInterest rates unlikely to go up further: DEA Secy
Acharya was of the view that the central bank should wait for some more time before withdrawing monetary accommodation.
May 03, 2018, 17:17 PM ISTRBI to hike rates in June policy: Report
The six-member MPC, headed by RBI Governor Urjit Patel, had left the benchmark repo rate unchanged for the third time in a row after deliberations on April 4-5, citing inflationary concerns.
Apr 25, 2018, 16:51 PM ISTScope for further rate cut by RBI: Finance Ministry
Asserting that the slowdown in the manufacturing sector is due to various reasons, the official said the response has to be from across the board, including interest rate, exchange rate for boosting the manufacturing sector.
Sep 23, 2017, 18:38 PM ISTRBI may cut repo rate by 0.25% in February: HSBC report
With uncertanity over implementation of GST, rising crude oil prices and the challenging 4 percent CPI in medium term, Reserve Bank may cut repo rate for the final time by a 25 basis points in the February policy, says a report.
Jan 13, 2017, 16:25 PM IST
RBI to announce monetary policy decision on Wednesday
The Reserve Bank will come out with monetary policy review, the first after demonetisation of old Rs 500/1000 notes, on Wednesday amid expectations of interest rate cut.
Dec 02, 2016, 22:31 PM ISTSBI says 'consistently' passed on RBI's rate cut to borrowers
Country's largest lender SBI on Monday said it has consistently passed on RBI's rate cuts to borrowers and would further reduce the lending rate in the near term, benefiting auto and home loan seekers.
Oct 10, 2016, 15:12 PM IST'RBI to maintain status quo on rates; easing post-budget'
According to the global financial services major, the Reserve Bank of India is expected to maintain an accommodative stance.
Jan 28, 2016, 16:45 PM IST
Maintaining accommodative stance but also vigilant, says Raghuram Rajan
Here are the highlights of Q&A with RBI Governor Raghuram Rajan.
Dec 01, 2015, 12:20 PM IST