RBI Governor

Photo: Business Line

RBI Keeps Reserve Repo Rate Unchanged At 6.5%

In a major business development, the Reserve Bank of india (RBI) kept repo rate unchanged at 6.5%. The last time RBI Monetary Policy Committee announced a hike in reserve repo rate by 25% was in 2023 February. The decision was taken considering the current inflation and economic crisis, globally. However India and its made in India initiative is working wonders, with India maintaining its economic situation.

Thu, 06 Apr 2023 - 02:46 PM / by Varsha Joshi

Tags: RBI, monetary policy committee, Reserve Repo Rate, Indian Business, Inflation

Courtesy: Live Mint

Reserve Bank of India

Photo: The Indian Express

RBI Announces Hike In Repo Rate To 6.5%

The Reserve Bank of India hiked the repo rate by 25 basis points to 6.5%, on February 8. Governor Shaktikanta Das announced the decision of the monetary policy committee of six members, taken with a majority of 4 votes. In December 2022, the repo rate was raised by 0.35 percentage points to 6.25%. While repo rate hiked, there was no change in the reverse repo rate of 3.35%.

Wed, 08 Feb 2023 - 11:16 AM / by Varsha Joshi

Tags: RBI, SHAKTIKANTA DAS, Reserve Repo Rate, repo rate, Indian Banks

Courtesy: Hindustan Times

Reserve Bank Of India

Photo: Business Standard

RBI Revises Repo Rate By 5.40%, Highest Since 2019

The Reserve Bank of India revised the benchmark lending rate, Repo Rate by 5.40% or 50 basis points, on August 5.  RBI Governor Shaktikanta Das announced the latest hike, the repo rate or the short-term lending rate at which banks borrow has crossed the pre-pandemic level of 5.15%. Notably, this is the third time after the Covid-19 pandemic, that the reserve repo rate has been hiked, also the highest since… read-more

Fri, 05 Aug 2022 - 01:30 PM / by Varsha Joshi

Tags: Reserve Repo Rate, RBI, Governor Shaktikanta Das, MPC, Bank Loan

Courtesy: NDTV


Photo: Money Control

RBI Monetary Committee Concludes Meeting Over Policies

Aiming to curb rising domestic inflation in India, the Reserve Bank of India's monetary policy committee, held a meeting, to discuss various monetary policies. The six-member panel commenced the meeting on August 3, which will issue a revision of the interest rate hike, which is currently at 4.90%. Furthermore, the outcome of the recently concluded RBI Monetary Policy Committee will be announced in a press conference, on August 5.

Thu, 04 Aug 2022 - 11:00 AM / by Varsha Joshi

Tags: RBI, Money Policies, Reserve Repo Rate, Committee, meeting

Courtesy: ANI