Repo rate

The FD interest rate is imposed according to the money deposited and the duration.Unity SFB has increased its FD rates to 9.5% per annum while Suryoday SFB is providing a 9.4% interest rate for the FD deposits. Unity Small Finance…

MUMBAI: Differences between Reserve Bank of India officials and external members emerged in the June 8 monetary policy meeting minutes, with the central bankers taking a more hawkish stance while two members were worried about high interest…

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Explaining the rationale behind the pause in rate hikes in the last two MPC meetings, Reserve Bank of India (RBI) Governor Shaktikanta Das on Tuesday said that the disinflation process in India is likely to be slow and protracted with…

Retail inflation declined to a 25-month low of 4.25% in May, mainly on account of softening prices of food and fuel items. This is the fourth straight month when retail inflation has declined and the third straight month of Consumer Price…

Read more while supporting growth, Das said. In the previous monetary policy review in April 2023, the RBI MPC had surprisingly halted the rate hike cycle and kept the key repo unchanged at 6.50 per cent. The decision of the status quo came…

In April 2023 MPC decision, RBI Governor Shaktikanta Das had said the MPC would not hesitate to take action in the future. (File photo)The government has mandated the RBI to ensure CPI inflation at 4 per cent with a margin of 2 per cent on…

RBI MPC: India’s CPI inflation in April 2023 has declined to its 18-month low of 4.7 per cent.The RBI MPC also keeps the SDF unchanged at 6.25 per cent, and MSF and Bank Rates maintained at 6.75 per centThe RBI MPC on Thursday unanimously …

NEW DELHI: RBI’s decision to leave key interest rates unchanged is expected to help the ongoing recovery in the real estate sector, experts said on Thursday. NiranjanHiranandani of Hiranandani Group and National vice-chairman of Naredco…

India's central bank kept its key lending rate steady for a second straight policy meeting on Thursday, as widely expected, but signalled that monetary conditions will remain tight for some time as it looks to further curb inflationary…