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The RBI MPC, decided to keep the repo rate unchanged at 6.5 per cent for the fifth time in a row, RBI Governor Shaktikanta Das said while announcing the decisions of the three-day bi-monthly meeting which concluded on Friday. ....
RBI s monetary policy committee is meeting from August 8-10 and is expected to maintain the status quo on rates and stance despite the recent uptick in inflation and the US Fed rate hike in July-end. ....
The Reserve Bank of India (RBI) on Wednesday hiked the repo rate by 50 basis points to 4.90 per cent to bolster the fight against inflation. The decision also paves the way for banks, housing finance companies and lending institutions to hike the interest rate on all kinds of loans. When banks and l ....