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repo rate
RBI keeps benchmark repo rate unchanged at 6.5% for 7th consecutive time
In its first monetary policy review of the current financial year, the central bank also kept its projections for GDP growth and inflation unchanged.
05 April 2024, 04:48 IST
RBI keeps benchmark repo rate unchanged at 6.5% for 7th consecutive time
05 April 2024, 04:48 IST
RBI likely to keep repo rate unchanged; may raise growth forecast
The RBI didn't change policy repo rate during the financial year ended March 31, 2024 and is unlikely to change its position in the next two quarters, analysts said.
03 April 2024, 22:53 IST
RBI likely to keep repo rate unchanged; may raise growth forecast
03 April 2024, 22:53 IST
'Economy has done well despite multiple external shocks; counter-cyclical measures must to aid resilience'
Noting that the government has over-achieved its fiscal deficit target despite nominal income growth being less than what projected in the budget, RBI's Monetary Policy Committee member Ashima Goyal said higher growth and tax buoyancy gives room to reduce deficit and debt ratios while adequately raising absolute amounts of spending.
01 March 2024, 07:09 IST
'Economy has done well despite multiple external shocks; counter-cyclical measures must to aid resilience'
01 March 2024, 07:09 IST
RBI retains repo rate at 6.5% for sixth consecutive time
The status quo on policy repo rate means the interest rates on retail as well as corporate borrowings would remain largely unchanged.
08 February 2024, 04:52 IST
RBI retains repo rate at 6.5% for sixth consecutive time
08 February 2024, 04:52 IST
RBI announces 2-day repo as overnight rates stay elevated
RBI will conduct a two-day repo for 500 billion rupees ($6 billion) later in the day based on 'a review of current and evolving liquidity conditions'.
27 December 2023, 07:56 IST
RBI announces 2-day repo as overnight rates stay elevated
27 December 2023, 07:56 IST
Inflation outlook likely to be clouded due to volatile food prices: RBI Governor
Shaktikanta Das had headed a six-member Monetary Policy Committee, which unanimously decided to keep the key interest rate unchanged at 6.5 per cent.
22 December 2023, 16:00 IST
Inflation outlook likely to be clouded due to volatile food prices: RBI Governor
22 December 2023, 16:00 IST
RBI is cautious, and rightly so
There are always expectations that the RBI cuts the policy rates to revive the economy. But inflation numbers have this uncanny ability to spring a surprise.
08 December 2023, 11:35 IST
RBI is cautious, and rightly so
08 December 2023, 11:35 IST
RBI holds repo rate at 6.5%; no change in inflation, growth forecast
The status quo on policy repo rate means the interest rates on retail as well as corporate borrowings would remain stable. Repo rate is the interest rate at which the RBI lends money to commercial banks. Thus, the interest rates on home, car and other loans are largely governed by this rate.
06 October 2023, 04:41 IST
RBI holds repo rate at 6.5%; no change in inflation, growth forecast
06 October 2023, 04:41 IST
RBI’s repo rate dilemma
The current repo rate (the rate at which banks borrow from the RBI) of 6.5% has remained unchanged for three consecutive policy announcements since its increase from 6.25% to 6.5% in Feb 2023.
06 October 2023, 00:55 IST
RBI’s repo rate dilemma
06 October 2023, 00:55 IST
RBI hits pause again, keeps repo rate unchanged at 6.5%
The Reserve Bank of India on Thursday opted for a pause second time in a row, maintaining key benchmark policy rate at 6.5 per cent as inflation moderates.
08 June 2023, 22:28 IST
RBI hits pause again, keeps repo rate unchanged at 6.5%
08 June 2023, 22:28 IST
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