Repo Rate

Major Commercial banks, including the State Bank of India, HDFC and ICICI have announced cut in their lending rates after RBI Governor Raghuram Rajan expressed strong disappointment over non-transmission of policy rates. India's biggest…

India's central bank, RBI on Tuesday kept its key policy rates and the reserve ratios unchanged in line with the predictions, while awaiting more robust data on inflation and action from commercial banks to soften their cost of credit to…

The Reserve Bank of India (RBI) is to announce its first bi-monthly monetary policy review of the current fiscal on Tuesday, when it is widely expected to leave the repo rate, at which it lends to commercial banks, unchanged at 7.50…

The Reserve Bank of India (RBI) surprised the market by cutting the repo rate by 25 basis points to 7.5%. The first rate cut was done on January 15. Repo rate is the rate at which the RBI lends money to commercial banks in the event of any…

The Reserve Bank of India (RBI) in its sixth bi-monthly policy review Tuesday decided to keep key interest rates unchanged. "We have maintained the status quo (on interest rates). We have taken action on other fronts," Reserve Bank Governor…

Following the Reserve Bank of India's (RBI) unscheduled rate cut in January, expectations of another cut remain more subdued going towards the central bank's policy review scheduled for Tuesday. RBI Governor Raghuram Rajan in mid-January…

The Reserve Bank of India (RBI) has brought huge cheer to the market and investors by cutting the repo rate by 25 basis points, but kept the CRR (Cash Reserve Ratio) unchanged at 4%. The repo rate now stands at 7.75%. Raghuram Rajan, RBI…