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RBI retains Repo Rate 30 September 2014
Reserve Bank of India has unchanged the policy Repo Rate at 8 per cent citing significant upside risk to its medium term inflation target. With this decision, the home loans and car loans are likely to stay as it is....
Keywords: Repo Rate, RBI Policy Review, Raghuram Rajan, Cash Reserve Ratio
Read MoreRBI holds Rates 03 June 2014
Reserve Bank of India [RBI] kept interest rates unchanged at 8 per cent in Governor Raghuram Rajan's first monetary policy announcement after a change in government in the centre. However the Central Bank has cut Statutory Liquidity Ratio [SLR] by...
Keywords: RBI, RBI keeps Rates unchanged, Business News, RBI holds Rates
Read MoreRBI cuts Policy Rate 15 January 2015
The Reserve Bank of India has cut the Repo Rate by 0.25 per cent with immediate effect which could be a huge relief to the money lenders. This is RBI's first cut since 2013 and it is also a surprise...
Keywords: RBI Policy Review, RBI Policy Review, Repo Rate, RBI Repo Rate
Read MoreInflation at 5years low 14 November 2014
The Wholesale Price Inflation stood at 1.77 percent for the October which marks the lowest in last five years while the food inflation fell to a nearly two and half years low of 2.7 percent. This fifth consecutive drop of...
Keywords: policy rate, Reserve Bank of India, policy rate, policy rate
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