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CRR

RBI cuts Repo, CRR; Home Loans to be Cheaper

TNI Bureau: In a huge relief to the millions of home buyers in India, the Reserve Bank of India (RBI) has reduced the repo rate and CRR (Cash Reserve Ratio) by 25 basis points each. As a result, the home loans will become cheaper and the…

RBI keeps Repo Rate and CRR unchanged

TNI Bureau: The Reserve Bank of India kept the Cash Reserve Ratio (CRR) and repo rate unchanged. The central bank would bring a huge relief to the loan takers as it hinted at the rate cut in the third quarter policy review, which is slated…

RBI cuts down CRR by 25 basis points

TNI Bureau: The Reserve Bank of India (RBI) cut the cash reserve ratio (CRR) by 25 basis points for banks a day after Union Finance Minister P Chidambaram unveiled fiscal consolidation plan to promote investments and reduce inflation.…

RBI stuns Govt, keeps Rates Unchanged

TNI Bureau: The Reserve Bank of India (RBI) on Monday stunned the investors and debtors, keeping the repo rate and the Cash Reserve Ratio (CRR) unchanged at 8.0 per cent and 4.75 per cent, respectively, at its mid-quarter monetary policy…
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