Headline inflation during November and December remained below the tolerance band of the inflation target. The revised ...
The RBI's Monetary Policy Committee (MPC) - the rate setting panel - is widely expected to keep repo rates unchanged at 5.25%, with focus likely to remain on liquidity management and transmission.
As banks reduce their lending rate, following the RBI’s rate cuts, the principal component of EMI increases month-on-month, thereby affecting the overall loan tenure.
Even before the RBI's decision, there was much speculation that there would be no change in the repo rate this time. Upon hearing this news, the general public is wondering what exactly the repo rate ...
The Reserve Bank of India, in its first policy meeting after the US Federal Reserve cut rates, kept the repo rate unchanged at 6.5%. RBI Governor Shaktikanta Das announced the unchanged repo rates ...
HDFC Bank has lowered its Marginal Cost of Funds-based Lending Rates by 5 basis points on specific loan tenures. This change ...