RBI repo rate

The RBI is mandated to keep the CPI inflation rate at 4 per cent, with a flexibility of 2 per cent up or down. (Photo: Reuters)RBI Governor Shaktikanta Das says the global economy is witnessing a renewed phase of turbulence with fresh…

The decision of the six-member rate setting panel was announced by the Governor. For people who have taken loans or who are planning to take, expect an increase in their EMIs to accommodate the rate hike. The RBI’s…

The Reserve Bank on Thursday marginally revised upwards the economic growth projection for the current fiscal to 6.5%, from its earlier estimate of 6.4%.Unveiling the first bi-monthly monetary policy of 2023-24 fiscal, RBI Governor…

The RBI projected marginal easing in retail inflation to 5.2% in the current fiscal, but cautioned that the fight against inflation is far from over. (Representative image)Indian Rupee moved in an orderly manner in 2022 and continues to be…

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RBI’s interest rate decision, macroeconomic data and global trends would dictate terms in the equity market in a holiday-shortened week, analysts said.Equity markets will remain closed on Tuesday for ‘Mahavir Jayanti’ and on Friday on…

File photo of SBI group chief economic adviser Soumya Kanti Ghosh. Mr. Ghosh recently said RBI should consider decoupling from the U.S. Federal Reserve. | Photo Credit: The Hindu The RBI should “pause and think” if it can continue…

The interest rate on home loans is expected to increase as the Reserve Bank of India on Wednesday announced an increase of repo rate by 25 basis points to 6.5 %.Repo rate is the rate at which the RBI lends money to commercial banks.Now,…

The Indian banking sector, including NBFCs (non-banking financial corporations), 'continues to be resilient (and) strong', Reserve Bank of India governor Shaktikanta Das said Wednesday morning, in an apparent reference to concerns over…