Understand The Repo Rate And The Reverse Repo Rate In India.
In the world of monetary policy, two interest rates play important roles: the REPO Rate and the Reverse REPO Rate in India. These rates, set...
Tag : Repo rate
RBI Concludes MPC Meet, Repo Rate Remains Unchanged at 6.5% for 5th Time in a Row
The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) concluded its bi-monthly meeting on December 8, keeping its key interest rate unchanged for the...
RBI MPC’s First Meeting Concluded, Repo Rate Constant
Reserve Bank of India (RBI) Governor Shaktikanta Das’ address marks the conclusion of the first Monetary Policy Committee (MPC) meeting of the fiscal year 2023-24...
Sebi Calls on NBFCs, MFs, Insurers to Participate in Corporate Bond Market
The Securities and Exchange Board of India (Sebi) has released a consultation paper outlining a novel “client model” whereby entities such as corporates, NBFCs, insurance...
RBI Policy – Repo Rate Kept Unchanged at 6.5%
On April 6, the Monetary Policy Committee (MPC) chose to retain the repo rate, considering the chaos caused by the global banking crisis with contagion...
Yes Bank Launches Floating Rate Fixed Deposit Scheme
The Mumbai-based private bank said on February 23 that Yes Bank had launched a floating-rate fixed deposit scheme for domestic customers with a tenor of...
GOI Lowers Borrowing Target For FY23
Today, the Government of India (GOI) has discussed with the Reserve Bank of India (RBI) to finalise its borrowing programme for the second quarter of...
RBI Revises Inflation & Growth Forecasts
Reserve Bank of India’s (RBI) six-member monetary policy committee (MPC) voted to keep the policy repo rate unchanged at 4 per cent and decided to...
RBI Kept Repo Rate Unchanged At 4%, GDP Forecast Upgraded
The Monetary Policy Committee (MPC) of the Reserve Bank kept the repo rate unchanged at 4% and maintained an ‘accommodative’ stance, implying more rate cuts in the...
Bank of Baroda Cuts MCLR Rates, EMIs to Get Cheaper
Bank of Baroda (BoB) has reduced the marginal cost of funds based lending rate (MCLR) on one year tenor by 10 basis points (bps). Bank...