India pauses rate hikes in surprise decision, but door open for more
WEBMUMBAI, April 6 (Reuters) - The Reserve Bank of India (RBI) surprised markets by holding its key repo rate steady on Thursday after six consecutive hikes, saying it was closely monitoring the...
RBI Hikes Repo Rates By 35 Bps To 6.25% - Forbes
WEBMay 27, 2024 · The Reserve Bank of India (RBI) announced its fifth repo rate hike of 2022 by 35 basis points (bps), a jump to 6.25%, in a year marred by unprecedented inflation and global geopolitical...
RBI hikes interest rates, hints at more to come; projects 6.4 pc ...
WEBFeb 8, 2023 · The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) on Wednesday hiked the repo rate by 25 basis points to 6.50 per cent. Wednesday's MPC meeting is the last one for this fiscal. The repo rate is …
India’s RBI Hikes Interest Rates For The Third Time This Year
WEBAug 20, 2024 · The Reserve Bank of India (RBI) announced a third repo rate hike to 5.40%, up 50 basis points with immediate effect, the monetary policy committee (MPC) said on August 5, 2022.
Explained: The RBI rate hike and its impact - The Indian Express
WEBJun 8, 2022 · In its bi-monthly review on Wednesday, the Reserve Bank of India hiked the repo rate by another 50 basis points. This move, and the RBI’s focus on the withdrawal of its accommodative policy, both in response to rising inflation, are expected to lead to a further rise in interest rates in the banking system.
RBI hikes key interest rate by 35 bps: what does this mean?
WEBDec 7, 2022 · Signalling a further rise in lending and deposit rates, the Monetary Policy Committee (MPC) of the Reserve Bank of India on Wednesday (December 7) hiked the key policy rate, the repo rate or the rate at which the RBI lends funds to banks, by 35 basis points to 6.25 per cent in a bid to rein in retail inflation.
RBI hikes interest rate by 25 bps to 6.5%, says core inflation …
WEBThe Reserve Bank of India governor Shaktikanta Das on Wednesday increased the base interest rates by 25 basis points to 6.5% in line with expectations, making it the sixth such hike since May...
Why RBI made a surprise pitstop in rate hike cycle
WEBApr 6, 2023 · After raising interest rate by a cumulative 250 basis points in 11 months, the Reserve Bank of India (RBI) on Thursday unexpectedly kept the benchmark rate unchanged. Let us understand why RBI made a surprise pitstop in the rate hike cycle.
RBI Repo Rate Hike: Reserve Bank of India increases Interest Rate…
WEBMay 4, 2022 · Interest rates in the banking system are set to go up after the Reserve Bank of India (RBI) on Wednesday (May 4) jacked up the Repo rate, the main policy rate, by 40 basis points to 4.40 per cent and the cash reserve ratio (CRR) by 50 basis points to 4.50 per cent to suck out liquidity and bring down the elevated inflation.
India's RBI hikes rates as inflation pressures build; drops ...
WEBMUMBAI, June 8 (Reuters) - The Reserve Bank of India's key interest rate was raised by 50 basis points on Wednesday as widely expected, the second hike in as many months, in a bid to cool...