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Repo Rate

When the RBI needs to curb inflation it hikes the repo rate, while on the other hand when it wants to promote growth, it cuts the interest rate.
4 Key Take Aways From RBI's MPC Meet Today
Amid subdued growth levels which saw June quarterly numbers nosedive to six-year low of 5% and inflation within comfortable levels, there remained high expectations that the centre will announce key rate cuts. Repo rate: And in line with the ...
Key Take Aways From Rbi Meet Today
Rupee Trades Higher Ahead Of Monetary Policy Outcome
Rupee resumed trading on a firm note and was last quoting at 70.82 per US dollar against its previous session's close of 70.90. In the bond market, as expectations of rate cut in Friday's MPC get more pronounced, there ...
RBI To Cut Rate For the Fifth Time In Its October 4 Meet
For yet another fifth time, experts see the apex bank to lower the key policy rate, providing another impetus to the ailing economy that recorded the lowest GDP for the June ended quarter of 5%. The move will complement the government's ...
Rbi To Cut Rate For The Fifth Time In Its October 4 Meet
SBI To Link All Floating Loans To Repo Rate
On Monday, the State Bank of India (SBI) said that it will use RBI's repo rate as the external benchmark for its floating rate MSME (Micro, Small and Medium Enterprises), housing and retail loans. In a press release, the public-sector lender ...
Sbi To Link All Floating Loans To Repo Rate
SBI Suspends Its Repo Linked Home Loan Product
SBI has withdrawn its home loan product linked to repo rate which the leading state-run lender introduced in July this year. In a twitter reply to a user's query, the lender informed that the RLLR based home loan product stands withdrawn. ...
Retail And SME Loans To Become Cheaper From October 1
Loans those with floating rate option including the home loan, SME and automobile loan which are for a longer period are set to get cheaper. This is because the RBI has asked banks to all such loans with external benchmark which ...
PNB And Allahabad Bank Launch Repo Rate-Linked Loans
On Tuesday, Allahabad Bank and Punjab National Bank informed of the launch of their retail loan products which will be linked to the Reserve Bank of India's repo rate as an external benchmark.{photo-feature}...
Pnb And Allahabad Bank Launch Repo Rate Linked Loans
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