RBI credit policy: MPC cuts repo rate by 35 bps to 5.40%, maintains accommodative stance
The six-member monetary policy committee (MPC) of the Reserve Bank of India (RBI) on Wednesday cut repo rate by 35 basis points in its third bi-monthly policy review of the financial year. It was fourth rate cut by the central bank in a row. The short-term lender rate now stands at 5.40 per cent. Persistent weakening of core inflation has kept the headline rate below the central bank’s 4 per cent target for the 11th straight month in June and, thus, the rate cut was largely in line with Street expectations.
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RBI cuts repo rate by 25 bps; stance changed to 'accommodative' from 'neutral'
The Monetary Policy Committee (MPC) of the Reserve Bank of India on Thursday effected a 25 basis points cut in repo rate in its second bimonthly policy review of this financial year. After the cut, the repo rate now stands at 5.75 per cent. The MPC also changed policy stance to 'accomodative' from 'neutral'. Repo is the rate at which the central bank lends to commercial lenders, and the cut signalled a drop in cost of funds for corporates and individual borrowers though domestic banks have not been very efficient in quickly passing on the benefits of past rate cuts to their customers.
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Watch RBI cuts repo rate by 25 bps; stance changed to 'accommodative' from 'neutral' With HD QualityBy The Economic Times | 177667 views
RBI Keeps Repo Rate Unchanged At 4%, Maintains Accommodative Stance | Catch News
RBI Keeps Repo Rate Unchanged At 4%, Maintains Accommodative Stance | Catch News
Amid on-going COVID pandemic, Reserve Bank of India (RBI) has decided to keep the repo rate unchanged at 4% and to continue with accommodative stance. In a virtually press conference, RBI Governor Shaktikanta Das on June 04 said, “Monetary Policy Committee (MCC) voted to maintain status quo i.e. repo rate remains unchanged at 4%. MCC also decided to continue with accommodative stance as long as necessary to revive and sustain growth on durable basis and to mitigate impact of COVID on economy.”
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RBI Keeps Repo Rate Unchanged At 4%, Maintains Accommodative Stance | Catch NewsBy Catch News | 244 views
RBI hikes repo rate by 25 bps to 6.5%; maintains 'neutral' stance | Economic Times
The Reserve Bank for the second time in two months Wednesday raised its benchmark interest rate by 25 basis points on inflationary concerns, a move that will make home, auto and other loans expensive. With five of its members voting for the increase, the 6-member Monetary Policy Committee (MPC) headed by RBI Governor Urjit Patel, increased repo rate, at which it lends to other banks, to 6.5 per cent but kept its policy stance as "neutral". The reverse repo rate, at which it borrows from banks, was also raised by similar proportion to 6.25 per cent. The marginal standing facility (MSF) rate and the Bank Rate were also raised to 6.75 per cent. (Text: PTI)
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For business news on the go, download ET app:By The Economic Times | 1589 views
RBI money policy: Repo rate unchanged at 5.15%, stance remains accommodative
The Reserve Bank of India (RBI) Governor Shaktikanta Das-headed monetary policy committee (MPC) on Thursday maintained status quo on policy rates in its fifth bi-monthly monetary policy review of the financial year. This halt came after five consecutive cuts. The short-term lending rate, or repo rate, was unchanged at 5.15 per cent. All six committee members voted against the rate cut.
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Watch RBI money policy: Repo rate unchanged at 5.15%, stance remains accommodative With HD QualityBy The Economic Times | 378 views
Breaking News: RBI ने किया Monetary Policy का ऐलान, 'ब्याज दरों में बदलाव नहीं' | Repo Rate |RBI MPC
RBI ने किया मौद्रिक नीति का ऐलान
ब्याज दरों में बदलाव नहीं: RBI
रेपो रेट को 6.5% पर बरकरार रखा गया
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जनता को फिर लगा महंगाई का झटका |RBI Monetary Policy | RBI Hikes Repo Rate By 50 BPS To 5.9% #dblive
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RBI cuts repo rate by 25 bps to 6% for second time in row
The Economic Times | A Times Internet Limited product
RBI's monetary policy committee (MPC), led by Governor Shaktikanta Das, on Thursday announced a 25 basis points cut in the short-term lending rate, also known as repo or repurchase rate, in its first bi-monthly rate review of financial year 2019-20. The repo rate now stands at 6 per cent.
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Watch RBI cuts repo rate by 25 bps to 6% for second time in row With HD QualityBy The Economic Times | 1058 views
RBI monetary policy meeting on Feb 7; MPC may change policy stance to neutral
The RBI's Monetary Policy Committee is likely to change its policy stance to neutral in its meeting this week on low inflation footprint but would refrain from cutting interest rates due to fiscal challenges and rising crude oil prices, experts said. The bimonthly meeting of the MPC is scheduled from February 5 to 7.
By The Economic Times | 855 views
रेपो रेट पर आ गया RBI का बड़ा फैसला, लोन होगा सस्ता? | RBI MPC Decision | Repo Rate
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रेपो रेट पर आ गया RBI का बड़ा फैसला, लोन होगा सस्ता? | RBI MPC Decision | Repo Rate
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From priority to allocation criteria: Centre releases revised guidelines for COVID vaccination drive
Govt of India releases revised guidelines for national COVID vaccination program, to be implemented from June 21. "Vaccine doses to be allocated to States/UTs based on population, disease burden & vaccination' progress. Wastage will affect allocation negatively," guidelines say.
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From priority to allocation criteria: Centre releases revised guidelines for COVID vaccination driveBy The Economic Times | 65903 views
Suvendu Adhikari meets HM Amit Shah amid reports of post-poll violence in Bengal
Leader of Opposition in the West Bengal Assembly and BJP MLA Suvendu Adhikari called on Union Home Minister Amit Shah in Delhi amid reports of post-poll violence in Bengal.
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Suvendu Adhikari meets HM Amit Shah amid reports of post-poll violence in BengalBy The Economic Times | 1506 views
Uttar Pradesh: 22 patients die during alleged 'mock oxygen drill' at Agra hospital, probe on
22 Covid & non-Covid patients allegedly died following a 'mock oxygen drill' in UP. A viral video purportedly of a hospital owner in Agra has sparked a major controversy. In the video, the man is heard saying that he got oxygen supply from patients snapped for 5 mins. The man, in the video, added that this was part of an experiment to know who all will survive. Reports suggest the video is purportedly of Arinjay Jain, owner of Paras Hospital on NH 2. UP health dept has ordered a probe into the incident after the video went viral.
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Uttar Pradesh: 22 patients die during alleged 'mock oxygen drill' at Agra hospital, probe onBy The Economic Times | 1527 views
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Pilgrim, a vegan skincare brand, has announced that it is launching a lip care range, including lip serums, lip balms, lip scrubs and lip sleeping masks, in a range of fun and deliciously fragrant flavours including bubblegum, blueberry, and peppermint.
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ಹಬ್ಬಕ್ಕೆ ಚಂದವಾದ ತೋರಣ || Thorana designs || How to make Thorana decorations || Kannada sanjeevani
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Anil Vij ने CM पद के लिए ठोका दावा, कहा- मैं छह बार का विधायक हूं, पार्टी से आज तक कुछ नहीं मांगा
Anil Vij ने CM पद के लिए ठोका दावा, कहा- मैं छह बार का विधायक हूं, पार्टी से आज तक कुछ नहीं मांगा
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भारत में कैसे यह गांव बन गया सूखे से हरियाली की मिसाल #DWGlobalIdeas #Drought #Maharashtra #dblive
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भारत में कैसे यह गांव बन गया सूखे से हरियाली की मिसाल #DWGlobalIdeas #Drought #Maharashtra #dbliveBy DB Live | 666 views
Chandigarh Grenade Attack: जोरदार विस्फोट, टूट गए कांच के शीशे, एक गिरफ्तार किसका हाथ?
Chandigarh Grenade Attack: जोरदार विस्फोट, टूट गए कांच के शीशे, एक गिरफ्तार किसका हाथ?
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