The RBI had, in June 2019, reduced the key policy rate, making it the third time in a row that it did so, in the calendar year 2019. Till June 30, 2019, the repo … READ FULL STORY
The Reserve Bank of India (RBI), on April 4, 2019, cut the benchmark interest rate by 0.25% for the second time in a row, to bring the interest rate to the lowest level in … READ FULL STORY
In order to tide over temporary liquidity crunch, banks borrow from the Reserve Bank of India (RBI), against government securities. The rate at which the RBI lends money to banks, is known as the … READ FULL STORY
On February 7, 2019, the Reserve Bank of India (RBI) announced a cut in the repo rate by 25 basis points, during its bi-monthly monetary policy meet. With this, the repo rate now stands … READ FULL STORY
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
While economic indicators were signalling an upward trend in the interest rates up to a few weeks ago, the Reserve Bank of India (RBI) chose to maintain a status quo on key policy rates, … READ FULL STORY
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
A Supreme Court bench of chief justice Ranjan Gogoi and justices SK Kaul and KM Joseph, on October 8, 2018, asked the Reserve Bank of India (RBI) to communicate, within six weeks, its decision … READ FULL STORY
The Reserve Bank of India (RBI) opted for a surprising status quo, at the bi-monthly review, on October 5, 2018, on expectations of a softening price rise but changed the policy stance to ‘calibrated … READ FULL STORY
The country’s largest lender, State Bank of India (SBI), has increased its marginal cost of funds-based lending rate (MCLR), by 20 basis points across all tenors up to three years, effective September 1, 2018. … READ FULL STORY
The Reserve Bank of India (RBI) in its third bi-monthly policy of the current fiscal, on August 1, 2018, raised the benchmark repo, or the short-term rate at which it lends to other banks, … READ FULL STORY
What is Primary Lending Rate regime After the deregulation of interest rates following the liberalisation of the economy, banks used to lend at a rate that was benchmarked against their internal rate, which was … READ FULL STORY
The Reserve Bank of India (RBI), for the first time in over four years raised the repo rate, or the short-term lending rate, by 0.25 per cent to 6.25 per cent, on inflation concerns, … READ FULL STORY
