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Repo Rate News

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.
SBI Projects India's GDP Growth Is On Firm Footing
India's largest commercial lender State Bank of India (SBI) projects domestic GDP growth is now on firm footing with urban demand showing good traction. In its 'Ecowrap' research report, SBI said that although rural demand is lagging and is a cause ...
Loans To Get Cheaper From This Private Bank By Few BPS
HDFC Bank, one of the largest private bank player has revised its marginal cost based lending rate (MCLR) for certain terms by up to 85 basis points(bps) {1 basis point is equivalent to 0.01%}. The revised are shared on the Bank's ...
How Corporate India Reacted To RBI's MPC Decision
The Reserve Bank of India (RBI) Governor, Shaktikanta Das announced on Thursday April 6,2023, the decision of monetary policy committee (MPC)to keep the repo rate on hold, with "a readiness to act". The RBI has a mandate to ensure that retail ...
How Increasing Repo Rate Can Influence Investment Decisions?
The Reserve Bank of India hiked its key repo rate by 25 basis points (bps) to 6.50 percent recently. The central bank said that its policy stance remains focused on the withdrawal of accommodation. Why should millennials investors care about repo ...
RBI Schedules Additional MPC Meeting On November 3
The Reserve Bank of India today announced that the bank has scheduled an additional Monetary Policy Committee (MPC) meeting that will take place on November 3, 2022. "Under the provisions of Section 45ZN of the Reserve Bank of India (RBI) ...
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