The Reserve Bank of India (RBI) has announced a phased reduction in the Cash Reserve Ratio (CRR) by 50 basis points, bringing it down to […]
Tag: Repo Rate
RBI’s Monetary Policy Committee keeps repo rate on hold
The key policy repo rate remains unchanged at 6.5 per cent, as per the latest decision of the Reserve Bank of India’s (RBI) Monetary Policy […]
Banks increase EBLRs by 190 bps in tandem with RBI’s repo rate hike
All major banks have increased their external benchmark-based lending rates (EBLRs) by 190 basis points in tandem with the hike in the Reserve Bank’s policy […]
RBI Governor Shaktikant Das to meet bankers, review credit growth sustainability
RBI Governor Shaktikant Das will meet the heads of public sector banks on November 16 to discuss the issue of sustainability of credit growth in […]