RBI policy repo rate
RBI hikes Repo Rate by 50bps to 4.90%, here know What is Repo Rate?
Wed, Jun 08, 2022
The Reserve Bank of India (RBI) on Wednesday hiked key repo rate by 50 basis points (bps) to 4.90% in a bid to tame the scoring inflation in the country. this is the 2nd straight hike by central bank in 2 months and is expected to hike borrowing costs for corporates and individuals. here know what is Repo Rate.
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Good news! SBI links home loans with policy repo rate - come July 1, your EMIs to get cheaper
Fri, Jun 07, 2019
SBI has just introduced Repo Linked Loan Product for Home Loans. This means that every change in RBI’s policy repo rate will also be witnessed in SBI’s home loan interest rates too.
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Shaktikanta Das led RBI MPC cuts repo rates by 25 bps; experts react, this is what they said
Thu, Jun 06, 2019
These decisions are in consonance with the objective of achieving the medium-term target for consumer price index (CPI) inflation of 4 per cent within a band of +/- 2 per cent, while supporting growth.
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Come April 2019! Borrowers? Your EMIs on home loan, personal loan, vehicle loans set to become cheap; here's how
Tue, Dec 18, 2018
In its December 2018 policy, RBI firmly said Prime Lending Rate (PLR), Benchmark Prime Lending Rate (BPLR), Base rate and Marginal Cost of Funds based Lending Rate (MCLR) will be replaced by an external benchmark from April 2019.
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Your home, auto, personal loan interest rates to change! Know what it means for money you borrowed
Fri, Dec 07, 2018
In its December 2018 policy, RBI firmly said Prime Lending Rate (PLR), Benchmark Prime Lending Rate (BPLR), Base rate and Marginal Cost of Funds based Lending Rate (MCLR) will be replaced by an external benchmark from April 2019.
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RBI picks 'status quo' for second time in row; cuts Inflation target, all details here
Wed, Dec 05, 2018
RBI is an inflation trajectory cbank, and every policy stance revolves around the performance of Consumer Price Index (CPI) or retail inflation, which in latest month has softened. Retail Inflation in October 2018 month came in at 3.3% lower compared to 3.8% in September 2018 and 3.6% a year ago same month.
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Rejoice borrowers! RBI turns savior by opting for status quo; This is how a rate hike would have impacted you
Fri, Oct 05, 2018
India's policy repo rate stays at 6.50%. Consequently, the reverse repo rate under the LAF remains at 6.25%, and the marginal standing facility (MSF) rate and the Bank Rate at 6.75%.
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