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Tag: Repo rate

Economy

Explained: Why the RBI refused to cut interest rates

December 6, 2019December 6, 2019 - by Abdul

News:The Monetary Policy Committee(MPC) of the Reserve Bank of India has decided to keep the repo rate unchanged at 5.15% in its fifth bi-monthly monetary policy statement. Facts: Issues before …

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Economy

Explained: Why RBI may cut interest rates tomorrow and why it may not be enough

October 4, 2019October 4, 2019 - by Abdul

News:The Reserve Bank of India’s Monetary Policy Committee is set to announce its bi-monthly policy review on October 4,2019. Facts: What is likely to happen in the policy review? The …

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Economy

External benchmark-based lending must: RBI

September 5, 2019September 5, 2019 - by Abdul

News:The Reserve Bank of India (RBI) has made it mandatory for banks to link all new floating rate personal or retail loans and floating rate loans to MSMEs to an …

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Economy

Explained: Reasons, implications of repo rate cut

August 27, 2019August 27, 2019 - by Abdul

The Reserve Bank of India’s(RBI) monetary policy committee (MPC) has lowered the repo rate by 35 basis points to 5.4%. Repo stands for ‘Repurchasing Option’.It refers to the rate at …

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Economy

RBI plans to formalise linking of new loans to repo rate

August 20, 2019August 20, 2019 - by Abdul

The Reserve Bank of India(RBI) is considering asking banks to link loans to an external benchmark such as the repo rate to improve transmission of policy rates and foster economic …

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Economy

RBI lowers repo rate by 35 basis points to 5.40%

August 8, 2019 - by Abdul

The Reserve Bank of India’s (RBI) monetary policy committee (MPC) has lowered its repo rate by 35 basis points to 5.4%.Repo stands for ‘Repurchasing Option’.It refers to the rate at …

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Economy

RBI Governor, state-run bank CEOs discuss slow rate transmission

July 20, 2019 - by Abdul

The Reserve Bank of India Governor has discussed the issues of banking sector with the officials of Public sector banks(PSBs) and Indian Banks Association(IBA). During the meeting,the issue of less …

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Economy

Easy money can’t revive economy: SBI report

June 13, 2019July 4, 2019 - by Abdul

According to State Bank of India report,easy money policy will be ineffective to push the slow growth engine. An easy money policy is a monetary policy that increases the money …

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Economy

SBI to offer home loan linked to repo rate

June 8, 2019July 4, 2019 - by Abdul

State Bank of India(SBI) has announced to introduce a repo rate-linked home loan product from July 1,2019.This move seems to be in line with the RBI ‘s direction to the …

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Economy

RBI cuts interest rate by 25 bps

June 7, 2019July 4, 2019 - by Abdul

The Reserve Bank of India(RBI) Monetary Policy Committee has unanimously cut the repo rate by 25 basis points from 6% to 5.75%. Repo stands for ‘Repurchasing Option’. Repo rate refers …

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