The RBI is unhappy about inflation, it seems. To a large extent, inflation is caused by an increase in the money supply, largely by the central bank adding ...
RBI today increased the Repo rate by 0.25% to 6.75%. Repo is what banks pay the RBI for overnight (1 to 3 days) borrowing. Reverse repo, or what the RBI pays ...
RBI today hiked interest rates by 25 bps each – the Repo rate is now 6.25% and reverse repo is at 5.25%. But it also said: Based purely on current growth and ...
The Reserve Bank of India today raised the Repo rate to 5.25% and Reverse Repo rate to 3.75%, and increased the Cash Reserve Ratio to 6%. These are all 25 ...
As widely expected, the Reserve Bank of India has raised rates by 0.25% – of both the Repo and Reverse Repo, to 5% and 3.5% respectively. Note however that ...
The Reserve Bank of India, in its credit policy today announced a rate cut of 0.25% on both repo and reverse repo rates, to 4.75% and 3.25% respectively. The ...
RBI has cut interest rates by 0.5%. The repo rate is now 5% and reverse repo at 3.5%. The 10 year bond yield had spiked back to 6.46% after a few days of ...
RBI has announced a 1% drop in Cash Reserve Ratio (% of deposits that get deposited in RBI) and a 1% drop in the Statutory Liquidity Ratio (% of deposits in ...