RBI Springs a Shocker Keeps the Repo Rate Unchanged at 5.15 percent

Niranjan Hiranandani Mumbai: The Indian Government has been coming up with measures to boost GDP figures, and a lowering of the repo rate was expected over concerns that growth momentum is slowing down; as also it being necessary to boost liquidity in the economy. In a challenging scenario – and no better term to describe… Read More RBI Springs a Shocker Keeps the Repo Rate Unchanged at 5.15 percent

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… Read More Inflation clouds force RBI to increase repo rate

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… Read More RBI Governor Urjit Patel cuts repo rate to 6 year low