Tag: repo rate

Inflation clouds force RBI to increase repo rate

Newsroom24x7 Network Mumbai: Four years down the line, after Narendra Modi assumed office as Prime Minister, with inflation clouds looming over Indian economy, the Reserve Bank of India has increased the policy repo rate under the liquidity adjustment facility (LAF) by 25 basis points to 6.5 per cent. The decision to hike the rate, after four

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RBI Governor Urjit Patel cuts repo rate to 6 year low

Newsroom24x7 Staff Mumbai: Reserve Bank Governor Urjit Patel today announced the decision to reduce the policy repo rate under the liquidity adjustment facility (LAF) by 25 basis points from 6.5 per cent to six year low 6.25 per cent with immediate effect. The RBI Governor was addressing a press conference to brief the media on

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RBI reduces repo rate by .25 per cent

Newsroom24x7 Staff   Mumbai: On the basis of an assessment of the current and evolving macroeconomic situation, Reserve Bank of India (RBI) has  taken monetary and liquidity measures and decided to reduce the policy repo rate under the liquidity adjustment facility (LAF) by 25 basis points from 6.75 per cent to 6.5 per cent. This was

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RBI keeps repo rates unchanged

Newsroom24x7 Desk Mumbai : The Reserve Bank of India (RBI) kept its key repo lending rate unchanged at 6.75 percent. This announcement came in expected lines as statistics suggested repo rate to stay static on hold after consumer inflation picked up to a four-month high. Adding to this, the global scenario too is gearing up

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Finance Ministry welcomes RBI decision to cut Repo Rate by 25 basis point

Newsroom24x7 Desk New Delhi, Jan. 16: Union Ministry of Finance says that the 25 basis point Repo Rate cut announced by the Reserve Bank of India (RBI) is a welcome move and consistent with strong and ongoing disinflationary trends identified in the Ministry’s Mid Year Economy Analysis presented to the Parliament last month. The Finance Ministry further states that

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Low inflation, fall in crude oil prices has reduced price pressures: RBI Governor

Newsroom24x7 Desk Mumbai, Jan. 15: Inflationary pressures (measured by changes in the consumer price index) have been easing since July 2014 and the path of inflation, while below the expected trajectory, has been consistent with the assessment of the balance of risks in the Reserve Bank’s bi-monthly monetary policy statements. RBI Governor Raghuram G Rajan

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