RBI repo rate in February 2024
RBI leaves repo rate unchanged for 6th time in a row February 8, 2024: The Reserve Bank of India (RBI) decided to maintain a status quo on the repo rate for the fifth time in … READ FULL STORY
Property Trends
Tag: Monetary Policy
Home Loans
Will RBI hike repo rate in April 2023?
The Reserve Bank of India (RBI) may go for yet another increase in April 2023 in its benchmark lending rate as inflation remained way above its tolerance zone in February 2023. The next monetary … READ FULL STORY
Home Loans
How to benefit from low home loan interest rates
The Coronavirus pandemic has forced banks in India to bring home loan interest rates to a record 15-year low, in a bid to boost consumer sentiments, at a time when the economy has been … READ FULL STORY
Current News
RBI to urge banks to reduce interest rates, at meeting on February 21, 2019
The Reserve Bank of India (RBI) governor Shaktikanta Das, on February 18, 2019, reiterated the need for banks to cut interest rates, saying that ‘transmission of monetary policy decisions is important’. “Transmission of rates … READ FULL STORY
Current News
RBI cuts key interest rate by 0.25 per cent, changes policy stance to ‘neutral’
The Reserve Bank of India (RBI), on February 7, 2019, cut the benchmark interest rate by 0.25 per cent to 6.25 per cent, on expectation of inflation staying within its target range, in a … READ FULL STORY
Current News
RBI Monetary Policy Committee leaves key interest rate unchanged
The Reserve Bank of India (RBI), in its last monetary policy review for the calendar year 2018, on December 5, 2018, left the repo rate unchanged while maintaining the stance of ‘calibrated tightening’ of … READ FULL STORY
Home Loans
Home loan interest rates and EMIs in top 15 banks, in November 2018
Home loan interest rates are gradually escalating across banks. In the last monetary policy meet, on October 5, 2018, the RBI had maintained a status quo on key rates but indicated that it might … READ FULL STORY
Current News
RBI raises housing loan limits under priority sector lending
Housing loans of up to Rs 35 lakhs, for dwellings costing less than Rs 45 lakhs, will be treated as priority sector lending (PSL), to give a fillip to the low-cost segment, the Reserve … READ FULL STORY
Current News
RBI hikes interest rate on inflation concerns
The Reserve Bank of India (RBI), on June 6, 2018, for the first time in four-and-half-years, raised the key interest rate by 25 basis points to 6.25 per cent, on inflation concerns arising from … READ FULL STORY
Current News
Home loans to get cheaper as RBI slashes risk weight
The Reserve Bank of India (RBI), on June 7, 2017, reduced the risk weight for individual housing loans above Rs 75 lakhs, to 50 per cent from the earlier 75 per cent, while for … READ FULL STORY
Current News
RBI keeps lending rate unchanged at 6.25%
In its first monetary policy review in 2017, on February 8, the Reserve Bank of India (RBI) has decided to keep key rates unchanged. Accordingly, the repo rate at which it lends to the … READ FULL STORY
