Repo Rate

New Delhi, Oct 13: India's retail inflation, based on the consumer price index (CPI), for September increased to 4.41 percent, from 3.74 percent recorded for the previous month, on the back of higher food prices, official data showed on…

Mumbai, Sep 30: A day after a massive easing of key lending rates by the Reserve Bank of India (RBI), a barometer of the Indian equity markets provisionally closed with gains of 376 points or 1.46 percent on Wednesday. The Indian equity…

In a big relief to the home buyers and home owners, RBI Governor Raghuram Rajan has reduced the repo rate by 50 basis points to 6.75%, which means home loan and auto loan rates will get cheaper once the banks pass the benefits to the…

New Delhi, Sep 28: Dented by a general slowdown in consumer demand and a weak global growth outlook, India Inc expects to get a "booster dosage" of nearly 50 basis points worth of cut in key lending rates in the upcoming monetary policy…

Mumbai, Aug 4: India's central bank kept its key interest rates unchanged during its monetary policy review on Tuesday, sticking to its stand that further cuts will depend on commercial banks passing on the previous reductions to borrowers,…

Mumbai, June 2: The State Bank of India, the largest lender in India, announced a 15-basis point reduction in base rate today and it would be effective from June 8. The bank reduced the interest home loan and car loan by 0.15 percent to…

New Delhi/Mumbai, June 2 (IANS): Major stakeholders of the Indian economy, especially the government, India Inc. and investment funds, welcomed the third policy rate cut announced by the apex bank on Tuesday. The Chief Economic Adviser to…

As Reserve Bank of India (RBI) Governor Raghuram Rajan announced the third cut in repo rate in 2015, the homebuyers in Odisha have welcomed the decision with the hope they will be able to pay less to buy homes. The repo rate was cut by 25…

Mumbai, June 2 (IANS): Investor anxiety -- over whether the apex bank would cut key lending rates led a barometer index of the Indian equities markets to trade deep in the red during the pre-noon session on Tuesday. The benchmark index…