RBI keeps repo rate unchanged at 6.5%, cites food-inflation risk
1 year, 1 month ago

RBI keeps repo rate unchanged at 6.5%, cites food-inflation risk

Hindustan Times  

The Reserve Bank of India on Thursday kept its benchmark repo rate unchanged at 6.5% for the sixth straight time, staying focused on anchoring inflation and boosting growth. “Uncertainty in food prices continues to impinge on headline inflation,” RBI governor Shaktikanta Das said at a briefing in Mumbai. A hike makes borrowing expensive for businesses, limiting money supply and cooling inflation – the key objective of why banks hike benchmark rates. In a speech in Japan on November 8 last year, Das said the RBI saw risks from “recurring and overlapping” food-price shocks.

Food Inflation Risk Rate Rbi Das Food Prices  cites  money  65  risk  keeps  inflation  rate  supply  foodinflation  prices  repo  risks  unchanged  rbi  policy  food

History of this topic

Kaushik Das: Expect another RBI rate cut in support of economic growth
1 week, 6 days ago

Kaushik Das: Expect another RBI rate cut in support of economic growth

Live Mint  

In a widely anticipated move to balance the objectives of growth and inflation, the Reserve Bank of India reduced its repo rate by 25 basis points to 6.25% at the 7 February meeting of its Monetary Policy Committee, which voted unanimously for this cut. Looking ahead, RBI is expected to deliver another 25-bps rate cut in its April policy review, …

These 3 banks slash loan interest rates after RBI's repo rate cut
2 weeks, 6 days ago

These 3 banks slash loan interest rates after RBI's repo rate cut

India Today  

Following the Reserve Bank of India’s latest repo rate cut, several government banks across the country have reduced their interest rates. BANK OF MAHARASHTRA Bank of Maharashtra has reduced its interest rates on retail loans by 25 bps, including home loans and car loans. The bank is offering car loans with a starting interest rate of 8.50 per cent per …

Banks seek more measures to support lending rate cuts
2 weeks, 6 days ago

Banks seek more measures to support lending rate cuts

Live Mint  

Mumbai: The liquidity crunch menacing the banking system will delay lending rate cuts and slow credit growth, lenders cautioned, calling for fresh measures to transmit lower repo rates to cheaper loans. “Even as RBI has cut the repo rate, banks may not be able to cut deposit rates immediately." Mint reported on 14 February that banks feel that the recent …

RBI repo rate cut, coupled with tax sops in Budget, could boost consumption
1 month, 1 week ago

RBI repo rate cut, coupled with tax sops in Budget, could boost consumption

India Today  

The Reserve Bank of India, in its first rate cut in nearly five years, has lowered the repo rate by 25 basis points to 6.25 per cent. We expect the MPC to cut another 75-100 basis points off the policy rate next fiscal,” said Joshi. Many experts had predicted that the MPC, chaired by new RBI governor Sanjay Malhotra, would …

RBI Slashes Repo Rate By 25 Bps; Here’s How Much You Will Save On Your Home Loan
1 month, 1 week ago

RBI Slashes Repo Rate By 25 Bps; Here’s How Much You Will Save On Your Home Loan

ABP News  

In a significant step to boost economic growth, the Reserve Bank of India has slashed the repo rate by 25 basis points, reducing it from 6.5 per cent to 6.25 per cent, in its first monetary policy review of the calendar year. A 25-basis point reduction in interest rates means home loan borrowers can either opt for lower EMIs or …

Mint Explainer | RBI's rate cut and how it will benefit retail borrowers
1 month, 1 week ago

Mint Explainer | RBI's rate cut and how it will benefit retail borrowers

Live Mint  

Mumbai: The Reserve Bank of India’s monetary policy committee on Friday delivered a much-anticipated rate cut of 25 basis points, taking the policy repo rate to 6.25%. The first rate cut in five years, the Monetary Policy Committee's decision will lead to lower equated monthly instalments or EMIs by retail borrowers by an equivalent amount, provided their rates are linked …

RBI slashes repo rate by 25 bps, first cut in nearly five years; loan EMIs likely to come down
1 month, 1 week ago

RBI slashes repo rate by 25 bps, first cut in nearly five years; loan EMIs likely to come down

Firstpost  

The central bank’s Monetary Policy Committee reduced the repo rate by 25 basis points to 6.25 per cent, after having kept it unchanged for eleven straight meetings The RBI's MPC has cut the benchmark lending rates in the country after a long wait of nearly 5 years. PTI The Reserve Bank of India has cut interest rates for the first …

RBI monetary policy: Will India’s central bank cut the repo rate now or wait? Top experts debate
1 month, 1 week ago

RBI monetary policy: Will India’s central bank cut the repo rate now or wait? Top experts debate

Live Mint  

RBI monetary policy: The Monetary Policy Committee of the Reserve Bank of India is deliberating on interest rates amid heightened uncertainty. However, some experts believe the central bank will consider other options to address the challenge of tighter liquidity and delay the rate cut until the next policy meeting in April. Bank of Baroda Experts at Bank of Baroda believe …

RBI May Deliver a Rate Cut After Five Years
1 month, 1 week ago

RBI May Deliver a Rate Cut After Five Years

Deccan Chronicle  

Mumbai: With the government unveiling a growth-supportive budget focused on fiscal prudence, all eyes are now on the Reserve Bank of India’s Monetary Policy Committee decision, scheduled for Friday. Economists widely expect the MPC to cut the repo rate—the rate at which RBI lends to banks—by 25 basis points to 6.25% in the upcoming meeting from February 5 to 7. …

RBI’s liquidity steps raise hopes for a rate cut next week
1 month, 2 weeks ago

RBI’s liquidity steps raise hopes for a rate cut next week

Live Mint  

Mumbai: Relief arrived for India's parched banking system on Monday as the central bank rolled out measures to pump up liquidity, setting the stage for a potential interest rate cut next week. Bankers and economists said these measures will help relieve the current liquidity shortage and set the stage for a repo rate cut next week. The liquidity-easing measures also …

Personal loans: Impact of rate cuts on different types of loans – An explainer
2 months, 1 week ago

Personal loans: Impact of rate cuts on different types of loans – An explainer

Live Mint  

Early this year, the Reserve Bank of India is expected to cut down benchmark interest rates. This means when repo rates are cut, depositors will earn lower rates on their deposits and borrowers will be able to withdraw money at lower interest rates. Personal loan Banks generally charge interest from borrowers based on marginal cost of funds-based lending rate which …

RBI’s monetary policy panel divided over timing of rate action
2 months, 3 weeks ago

RBI’s monetary policy panel divided over timing of rate action

Live Mint  

Mumbai: The rate-setting panel of India’s central bank remained divided over the timing of monetary policy action aimed at reviving India’s economic growth, even as they expect price rise to cool off, show minutes of the 6 December meeting, released on Friday. All three Reserve Bank of India members in the six-member monetary policy committee insisted that maintaining policy status …

RBI repo rate cut expectations build as CPI inflation moderates; Economists expect shallow rate-cut cycle from February
3 months ago

RBI repo rate cut expectations build as CPI inflation moderates; Economists expect shallow rate-cut cycle from February

Live Mint  

India’s retail inflation in November aligned with market expectations and remained within the Reserve Bank of India’s tolerance band. Analysts anticipate that the RBI could initiate a shallow rate-cut cycle in its February 2025 policy meeting, provided inflation continues to decline. Hitesh Suvarna of JM Financial anticipates that the next step in RBI’s policy action will involve a rate cut, …

SBI Research anticipates RBI repo rate cut in February policy meet
3 months, 1 week ago

SBI Research anticipates RBI repo rate cut in February policy meet

Live Mint  

New Delhi, December 8 : Reserve Bank is expected to cut repo rates in February 2025 and such a decision, it at all taken, is unlikely to be impacted by rupee's weakness against the dollar, asserted SBI Research in a report. The report put out the day RBI announced its monetary policy, the SBI Research report said it expects RBI …

RBI MPC Dec 2024: Repo Rate Remains Unchanged, CRR Slashed; Here's What The Experts Have To Say
3 months, 1 week ago

RBI MPC Dec 2024: Repo Rate Remains Unchanged, CRR Slashed; Here's What The Experts Have To Say

ABP News  

The Reserve Bank of India’s Monetary Policy Committee on Friday kept the status quo on key interest rates and decided to keep the repo rate unchanged at 6.5 per cent. Kaushal Agarwal, co-founder and director, The Guardians Real Estate Advisory noted, “The RBI's decision to keep the repo rate unchanged and lower the CRR shows strategic efforts to balance more …

Why RBI cut CRR to 4% and reduced GDP growth forecast to 6.6%
3 months, 1 week ago

Why RBI cut CRR to 4% and reduced GDP growth forecast to 6.6%

Hindustan Times  

The Reserve Bank of India has cut the Cash Reserve Ratio by 50 basis points to 4% and reduced its GDP forecast to 6.6% from the earlier 7.2%, Governor Shaktikanta Das announced on Friday, December 6, during his monetary policy decision announcement speech. The RBI cut the CRR because “even as liquidity in the banking system remains adequate, systemic liquidity …

RBI MPC meeting: Repo rate unchanged. What are other key takeaways? 10 points
3 months, 1 week ago

RBI MPC meeting: Repo rate unchanged. What are other key takeaways? 10 points

Hindustan Times  

Reserve Bank of India governor Shaktikanta Das on Friday announced several key decisions taken at the recent three-day meeting of the central bank's Monetary Policy Committee. Previously, the repo rate was changed in February 2023, when it was raised to the current 6.5% This was MPC's last meeting of the year and followed the one in October. Here are the …

Headwinds: RBI keeps key rate unchanged, lowers growth forecast
3 months, 1 week ago

Headwinds: RBI keeps key rate unchanged, lowers growth forecast

Hindustan Times  

The Reserve Bank of India left its benchmark interest rate unchanged at 6.5% in this year’s last meeting of its monetary policy committee despite a dip in economic growth, citing continued risks from inflation. RBI governor Shaktikanta Das delivering the monetary policy statement on Friday The central bank kept the repo rate steady after raising it by 250 basis points …

Changes to India’s repo rate since June 2000
3 months, 1 week ago

Changes to India’s repo rate since June 2000

Live Mint  

MUMBAI - The Reserve Bank of India kept its key interest rate unchanged, as widely expected, retaining its focus on bringing inflation down even as global market volatility left other major central banks poised to ease policy. The monetary policy committee kept the key lending rate, or repo rate, unchanged at 6.50%, but cut the cash reserve ratio that banks …

RBI Policy Outcome: RBI cuts cash reserve ratio by 50 bps to 4%
3 months, 1 week ago

RBI Policy Outcome: RBI cuts cash reserve ratio by 50 bps to 4%

Live Mint  

RBI Monetary Policy: The Reserve Bank of India on Friday, December 6 as part of its policy decision decided to cut the cash reserve ratio by 50 basis points to 4%. This move is likely to ease liquidity conditions The cash reserve ratio is the percentage of deposits that banks are required to hold as cash. CRR cut of 50 …

RBI monetary policy: Repo rate to remain unchanged at 6.5%, says Shaktikanta Das
3 months, 1 week ago

RBI monetary policy: Repo rate to remain unchanged at 6.5%, says Shaktikanta Das

Firstpost  

RBI Governor Shaktikanta Das has announced that the Monetary Policy Committee has decided to keep the repo rate, the interest rate at which RBI lends to banks, unchanged at 6.5% The new monetary policy committee of the Reserve Bank of India, led by Governor Shaktikanta Das, will announce the policy interest rate today, which currently stands at 6.5 per cent.File …

RBI keeps repo rate at 6.5% for 11th time in a row
3 months, 1 week ago

RBI keeps repo rate at 6.5% for 11th time in a row

Hindustan Times  

The Monetary Policy Committee of the Reserve Bank of India has decided to keep the repo rate unchanged at 6.5%, RBI Governor Shatikanta Das announced on Friday. Further, Das notified that the central bank's projection of India's Gross Domestic Product growth for the ongoing financial year now stood at 6.6%, down from the earlier estimate of 7.2%. Das said, “Growth …

RBI MPC meeting: How stock market will react if governor Shaktikanta Das cuts repo rate
3 months, 1 week ago

RBI MPC meeting: How stock market will react if governor Shaktikanta Das cuts repo rate

Hindustan Times  

India's stock market is keenly awaiting the Reserve Bank of India's bi-monthly monetary policy announcement on Friday, December 6, 2024. Reserve Bank of India Governor Shaktikanta Das speaks to the media after presenting decisions taken by Monetary Policy Committee in Mumbai, India, Friday, June 7, 2024 This comes at a time when the market is hoping for a liquidity boost, …

RBI MPC Highlights: Sensex, Nifty Close In Red As RBI Keep Repo Rate Unchanged At 6.5%
3 months, 1 week ago

RBI MPC Highlights: Sensex, Nifty Close In Red As RBI Keep Repo Rate Unchanged At 6.5%

ABP News  

Business News Highlights: Hello and welcome to ABP Live's Business LIVE blog. In the last MPC meeting, held from October 7-9, the committee decided to keep the benchmark interest rate at 6.5 per cent, marking the tenth consecutive meeting with no change in rates. However, Nomura predicts a 25 basis point repo rate cut by the RBI in this Monetary …

RBI keeps interest rate unchanged at 6.5%, lowers GDP projection to 6.6%, cuts CRR to 4%
Trending News
3 months, 1 week ago

RBI keeps interest rate unchanged at 6.5%, lowers GDP projection to 6.6%, cuts CRR to 4%

New Indian Express  

MUMBAI: The Reserve Bank of India on Friday kept the benchmark interest rate unchanged at 6.5%, marking the 11th consecutive time the lending rate has remained steady. The RBI's Monetary Policy Committee opted against any knee-jerk reaction to the growth slowdown in the second quarter with a repo rate cut, emphasising the need to be prudent and measured in its …

RBI MPC announcement: Will RBI Governor Shaktikanta Das cut key lending rates?
3 months, 1 week ago

RBI MPC announcement: Will RBI Governor Shaktikanta Das cut key lending rates?

India Today  

The Reserve Bank of India’s Monetary Policy Committee is set to make key announcements on Friday after its three-day meeting today. Others suggest a "dovish hold," where the RBI signals a willingness to cut rates in the future while maintaining the current rate. "A rate cut is more likely at the February meeting, but the recent GDP miss might push …

RBI keeps repo rate unchanged for 11th time in a row at 6.5 per cent
3 months, 1 week ago

RBI keeps repo rate unchanged for 11th time in a row at 6.5 per cent

India TV News  

Amid high inflation and weak GDP growth numbers, the Reserve Bank on Friday kept repo rate unchanged at 6.5 per cent with a majority decision of 4:2. Das announced, "The Monetary Policy Committee decided by a majority of 4:2 to keep the policy repo rate unchanged at 6.5%. Reserve Bank Governor Shaktikanta Das headed six-member Monetary Policy Committee started its …

RBI keeps key lending rate unchanged at 6.5%, focus remains on tackling inflation
3 months, 1 week ago

RBI keeps key lending rate unchanged at 6.5%, focus remains on tackling inflation

India Today  

The Reserve Bank of India's Monetary Policy Committee has decided to maintain the status quo on key interest rates for the 11th consecutive time. Consequently, the standing deposit facility stands at 6.25%, and the marginal standing facility and the bank rate at 6.75%," announced RBI Governor Shaktikanta Das during the policy statement. "Tackling inflation is critical because high inflation reduces …

Reserve Bank’s MPC starts deliberations on bi-monthly monetary policy
3 months, 1 week ago

Reserve Bank’s MPC starts deliberations on bi-monthly monetary policy

Live Mint  

Mumbai, Dec 4 Reserve Bank's high level panel on Wednesday started deliberations on the bi-monthly monetary policy amid expectations of status quo on interest rate as the retail inflation is above the upper tolerance level of the central bank. The Reserve Bank has kept the repo or short-term lending rate unchanged at 6.5 per cent since February 2023 and experts …

RBI committee meeting: A cut in cash reserve ratio likely, but not in repo rate
3 months, 1 week ago

RBI committee meeting: A cut in cash reserve ratio likely, but not in repo rate

New Indian Express  

The Reserve Bank’s rate-setting panel, the Monetary Policy Committee, begins its meeting here on Wednesday amidst a series of negative macroeconomic data surprises, with the 5.4 percent GDP growth in the second quarter being the worst. This has led many Mint Road observers and bankers to expect the monetary policy announcement on December 6 to include growth-boosting measures, such as …

No change expected in repo rate at next week's RBI monetary policy committee meet, cut ‘very likely’ in Feb: Report
3 months, 2 weeks ago

No change expected in repo rate at next week's RBI monetary policy committee meet, cut ‘very likely’ in Feb: Report

Hindustan Times  

HDFC Bank estimates that the central Reserve Bank of India would keep the repo rate steady at 6.5% in its final monetary policy committee meeting of the year, to be held next week, the country's largest private sector bank said in a report. RBI held its previous monetary policy committee meeting in October A rate cut is “very much possible” …

RBI Set to Make a Big Decision on Your EMI: What You Need to Know!
4 months ago

RBI Set to Make a Big Decision on Your EMI: What You Need to Know!

ABP News  

Amid the festive season, there seems to be no relief on the horizon for your EMIs. However, experts believe that the RBI is unlikely to make such a move anytime soon, as domestic inflation remains a significant concern. Although the Federal Reserve's rate cuts could have a global impact, including easing financial conditions in India, the RBI is cautious due …

RBI MPC October 2024: Central Bank Maintains Repo Rate, Keeping Home Loan EMIs Stable
5 months ago

RBI MPC October 2024: Central Bank Maintains Repo Rate, Keeping Home Loan EMIs Stable

ABP News  

The Reserve Bank of India has decided to maintain the repo rate at 6.5 per cent. After assessing the evolving macroeconomic and financial conditions and the outlook, the MPC decided by a majority of 5 out of 6 members to keep the policy repo rate unchanged at 6.50 per cent. Until then, EMIs will remain at current levels.” “The committee …

RBI August 2024 MPC: Home Loan EMIs Steady As Apex Bank Holds Repo Rate
7 months, 1 week ago

RBI August 2024 MPC: Home Loan EMIs Steady As Apex Bank Holds Repo Rate

ABP News  

RBI August 2024 MPC: The Reserve Bank of India has maintained the repo rate at 6.5 per cent, marking the ninth consecutive time it has kept the rate unchanged, according to the Monetary Policy Committee review on August 8. With the repo rate unchanged, borrowers with EBLR loans, including home loans, personal loans, and business loans, will experience stability in …

RBI Policy review: No impact on home loan EMIs as repo rate kept unchanged, sets positive tone for the realty sector
7 months, 1 week ago

RBI Policy review: No impact on home loan EMIs as repo rate kept unchanged, sets positive tone for the realty sector

Hindustan Times  

The Reserve Bank of India’s decision to keep repo rates unchanged at 6.5% for ninth consecutive time aligns well with the August 7 announcement on indexation benefits on sale of property. With interest rates staying steady, EMIs will remain manageable for current and potential homeowners, potentially leading to increased home sales particularly in the price-sensitive affordable segment, said real estate …

RBI keeps repo rate steady: Will there be any impact on your home loan EMIs
7 months, 1 week ago

RBI keeps repo rate steady: Will there be any impact on your home loan EMIs

Hindustan Times  

The Reserve Bank of India kept repo rate steady at 6.5 percent for the ninth time in a row in its Monetary Policy Committee review. This year, HDFC Bank increased home loan rates for new borrowers by 40 basis points despite repo rates being steady. For HDFC Bank, the lowest interest rate on a ₹50-lakh home loan was 8.35 per …

9 Times and Counting: Repo Rate on Hold Again, Decoding RBI's Steady 6.5% Stance
7 months, 1 week ago

9 Times and Counting: Repo Rate on Hold Again, Decoding RBI's Steady 6.5% Stance

News 18  

RBI has kept the benchmark interest rate unchanged for the 9th time in a row at 6.5%. Announcing the third bi-monthly monetary policy for the current financial year, RBI Governor Shaktikanta Das said the Monetary Policy Committee has decided to keep the repo rate unchanged. RBI MPC Meeting LIVE Updates “Inflation and growth are evolving in a balanced manner, though …

RBI keeps Repo rate unchanged at 6.5% for ninth consecutive time
7 months, 1 week ago

RBI keeps Repo rate unchanged at 6.5% for ninth consecutive time

Deccan Chronicle  

In a move reflecting its cautious approach amid ongoing economic uncertainties, the Reserve Bank of India has decided to keep the repo rate unchanged at 6.5 per cent. It decided by a majority of four members to keep the policy repo rate unchanged at 6.5 per cent. The central bank's commitment to bringing inflation down to its 4 per cent …

RBI keeps repo rate unchanged at 6.5%; Inflation, GDP growth forecast for FY25 retained
7 months, 1 week ago

RBI keeps repo rate unchanged at 6.5%; Inflation, GDP growth forecast for FY25 retained

Hindustan Times  

The Reserve Bank of India has decided to keep the repo rate unchanged at 6.5% for the ninth time in a row, RBI Governor Shaktikanta Das announced on Thursday, August 8, 2024. "The Monetary Policy Committee decided by a 4:2 majority to keep the policy repo rate unchanged at 6.5%. The RBI governor said that food prices are likely to …

RBI August 2024 MPC Meeting: Repo Rate Unchanged At 6.5%, FY25 GDP Growth Projection At 7.2%
7 months, 1 week ago

RBI August 2024 MPC Meeting: Repo Rate Unchanged At 6.5%, FY25 GDP Growth Projection At 7.2%

ABP News  

MPC Meeting: The Reserve Bank of India on Thursday maintained the benchmark interest rates at unchanged at 6.5 per cent by 4:2 majority, marking the ninth consecutive time the rates have remained unchanged. In the previous MPC meeting held from June 5-7, the committee kept the benchmark interest rates unchanged at 6.5 per cent. CPI Inflation projection The RBI has …

Monetary Policy: RBI keeps repo rate unchanged for 9th time in a row at 6.5 pc
7 months, 1 week ago

Monetary Policy: RBI keeps repo rate unchanged for 9th time in a row at 6.5 pc

India TV News  

The Reserve Bank of India has decided to keep the repo rate unchanged at 6.5%, ensuring no immediate impact on loan EMIs. The Reserve Bank of India announced on Thursday that the Monetary Policy Committee has decided to keep the policy repo rate unchanged at 6.5%. Consequently, the standing deposit facility rate remains at 6.25%, and the marginal standing facility …

RBI MPC Meet 2024 Expectations: Will central bank change repo rate?
7 months, 1 week ago

RBI MPC Meet 2024 Expectations: Will central bank change repo rate?

Hindustan Times  

RBI MPC Meet 2024 Expectations Live: A police officer walks past the Reserve Bank of India logo inside its headquarters in Mumbai, India. RBI MPC Meet 2024 Expectations Live: The Reserve Bank of India Monetary Policy Committee began its meeting on August 6 for a three-day session to discuss its monetary policy decision. The meeting marks RBI’s third monetary policy …

Repo Rate Cut Uncertainty: Should You Buy A House Now Or Wait?
7 months, 1 week ago

Repo Rate Cut Uncertainty: Should You Buy A House Now Or Wait?

ABP News  

Owning a house is a dream for many in India. Scenario 1: Rate at 9% You are considering taking a home loan of Rs 50 lakh for a tenure of 20 years at an interest rate of 9 per cent. Soon after, RBI cuts rates and home loan interest rates drop to 8.5 per cent. Interest Rate Loan Amount Tenure …

RBI Governor warns against hasty rate cut
8 months, 3 weeks ago

RBI Governor warns against hasty rate cut

Deccan Chronicle  

Mumbai: With food inflation remaining persistently high, any hasty action will cause more harm than good. The Monetary Policy Committee of the Reserve Bank of India should continue with its disinflationary policy stance to ensure that inflation durably aligns to the target of 4 per cent said the RBI governor Shaktikanta Das while voting for a status quo in policy …

RBI keeps repo rate unchanged at 6.5%: Top announcements by Shaktikanta Das
9 months, 1 week ago

RBI keeps repo rate unchanged at 6.5%: Top announcements by Shaktikanta Das

Hindustan Times  

Reserve Bank of India Governor Shaktikanta Das said that Monetary Policy Committee decided to keep the policy repo rate unchanged at 6.5 per cent as retail inflation continues to be above its target of 4 per cent. The MPC decided to keep the repo rate steady by a majority decision, RBI Governor said. Reserve Bank of India Governor Shaktikanta Das …

RBI keeps repo rate unchanged at 6.5%: What MPC policy means for home buyers
9 months, 1 week ago

RBI keeps repo rate unchanged at 6.5%: What MPC policy means for home buyers

Live Mint  

RBI keeps repo rate unchanged at 6.5%: The Reserve Bank of India's decision to retain the repo rate at 6.5% for the eighth consecutive time ensures economic stability amid global uncertainty and domestic inflation concerns. {{^adFree}} {{/adFree}} "This stability supports the real estate market, making housing more affordable and boosting consumer confidence. With GDP growth projected at 7% in FY25 …

RBI MPC Meeting: Repo rate unchanged at 6.5% for 8th time in a row
9 months, 1 week ago

RBI MPC Meeting: Repo rate unchanged at 6.5% for 8th time in a row

The Hindu  

The Monetary Policy Committee of the Reserve Bank of India has decided to keep the repo rate unchanged at 6.5%. The decision, taken at the MPC’s meeting on Friday, marks the eighth time in a row that the policy rate has been put on hold to keep the focus on battling high inflation. “These decisions are in consonance with the …

Monetary Policy Committee Members Stay Cautious on Elevated Food Inflation Risks
10 months, 3 weeks ago

Monetary Policy Committee Members Stay Cautious on Elevated Food Inflation Risks

Deccan Chronicle  

Mumbai: India’s strong growth momentum is giving the central bank the policy space to unwaveringly focus on price stability which inturn would help set the foundation for a period of high growth, wrote the Reserve Bank of India Shaktikanta Das in the minutes of the April policy meeting released on Friday. Majority of the RBI's rate setting panel expressed caution …

RBI Monetary Policy 2024: Stability in interest rates to benefit homebuyers; boost housing sales
11 months, 1 week ago

RBI Monetary Policy 2024: Stability in interest rates to benefit homebuyers; boost housing sales

Hindustan Times  

As expected, the Reserve Bank of India on April 5 once again kept the repo rate unchanged at 6.5 per cent. RBI MPC: Reserve Bank of India's decision to keep repo rates unchanged offers a sense of continuity and predictability to the real estate sector. It is also expected to significantly boost overall market sentiment, pushing residential sales in the …

RBI repo rate decision: What will be impact on home loan EMIs
11 months, 1 week ago

RBI repo rate decision: What will be impact on home loan EMIs

Hindustan Times  

The Reserve Bank of India kept the repo rate steady at 6.5 percent for the seventh time in a row. This means that your home loan interest burden and equated monthly installments will remain unchanged for now. RBI repo rate decision: This means that your home loan interest burden and equated monthly installments will remain unchanged for now. Looking ahead, …

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