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reverse repo rate

RBI Keeps Key Lending Rates Unchanged

The Reserve Bank of India (RBI) last Friday kept the key repo rate unchanged at 4% considering rising inflation and weak signs of economic growth amid the gradual lifting of a nationwide lockdown imposed due to the COVID-19 pandemic. The newly-formed Monetary Policy Committee (MPC) of the central bank began its three-day meeting on 7 […]

Prahalad Singh

RBI Monetary Policy 2020

RBI Monetary Policy: Keeps Repo Rate Unchanged At 4%

RBI Monetary Policy 2021 The Reserve Bank of India (RBI) in its first monetary policy meeting after the Union Budget 2021-22 has decided to maintain a status quo on key policy rates. The 6-member Monetary Policy Committee (MPC) directed by RBI Governor Shaktikanta Das kept the repo rate and reverse repo rate unchanged at 4% […]

Prahalad Singh

RBI takes Stabilised Approach this review

In a much anticipated and steadied move, the RBI kept rates unchanged in its last bi-monthly policy review for the calendar year. The key rate (Repo Rate) remains at 6.75 percent, Reverse Repo Rate at 5.75 percent, Cash Reserve Ratio (CRR) at 4 percent and Statutory Liquidity Ratio (SLR) at 21.5 percent respectively. Since its […]

nikunj.j

Planning a Home Loan? EMIs may come down soon!

In its second meeting, the Reserve Bank of India (RBI) today lowered its policy repo rate by 25 basis points to 7.5 percent. Also, the reverse repo rate moved down to 6.5 percent, while the central bank kept the cash-reserve ratio unchanged at 4 percent. Welcoming the step, Manoj Gaur, MD, Gaursons India ltd & […]

nikunj.j

Home loan borrowers should track repo rate movements

 Any home loan borrower should keep a track of the fluctuations in repo rates. In the past few months the Reserve Bank of India (RBI) has reduced the repo rates which have further decreased the interest on home loans. With the repo rates being lowered the cost of funds for banks is reduced which eventually drops […]

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