RBI cuts key interest rate by 0.25 per cent to 6%
MUMBAI: The Reserve Bank of India (RBI) on Thursday cut benchmark interest rate by 0.25 per cent for the second time in a row to bring interest rate to the… Read more »
Tag: RBI
Reserve Bank of India cuts repo rate by 25 basis points; first since August 2017
NEW DELHI: The Reserve Bank of India (RBI) reduced repo rate by 25 basis points to 6.25 per cent on Thursday, in a bid to boost lending and fuel growth… Read more »
Home prices eased in last 5 years despite better housing credit growth: RBI
NEW DELHI: Despite higher housing credit growth and better bank lending rates, house prices in the country have been cooling in the last five years, a Reserve Bank of India… Read more »
RBI cancels registration of 31 NBFCs
MUMBAI: The Reserve Bank of India (RBI) said that it has cancelled the certificate of registrations of as many as 31 non-banking finance companies (NBFCs) for unspecified reasons. It also… Read more »
Housing prices up 5.3% during April-June quarter in 10 major cities: RBI
NEW DELHI: Housing prices rose by an average 5.3 per cent during April-June quarter of this fiscal in ten major cities as compared to the year-ago period, according to RBI… Read more »
RBI announces more steps to increase credit flow to NBFCs
NEW DELHI: The Reserve Bank of India (RBI) on Friday announced more measures to increase liquidity flows to the non-banking financial companies. The RBI permitted banks to use government securities… Read more »
RBI keeps policy rate unchanged at 6.5% in surprise move
BY: Suvashree Dey Choudhury and Swati Bhat MUMBAI: The Reserve Bank of India (RBI) held its policy rate unchanged, surprising most analysts who had expected a rate increase to combat… Read more »
Banks should refrain from raising interest rates: ASSOCHAM
NEW DELHI: With surplus liquidity in the banking system, the banks should not rush into increasing their lending and deposit rates despite the Reserve Bank of India raising the benchmark,… Read more »
Real estate industry divided over RBI’s decision to hike policy rates
NEW DELHI: The Reserve Bank of India (RBI) for the second time in two months has raised its benchmark interest rate by 25 basis points on inflationary concerns and will not… Read more »
Neutral Stance on policy, but hiked rates;RBI seems to be playing both sides of the equation
NEW DELHI: A monetary policy that encourages economic growth, or one that controls inflation, this has been an eternal debate. The Reserve Bank of India (RBI), during its bi-monthly policy… Read more »