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Repo rate

Rajan surprises, RBI hikes Repo Rate

In a very surprising move, which rattled the India Inc., RBI Governor Raghuram Rajan has announced a hike of 25 basis points in the repo rate, making things difficult for the banks. The decision triggered an immediate fall in the market and…

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…

Rupee breaches 56 Mark vs US Dollar

TNI Bureau: Indian Rupee crossed 56 mark against US dollar on Monday after the Reserve Bank of India kept its Repo rate and CRR unchanged at its mid-quarter monetary policy review. The policy affected the rupee falling it to a day low…

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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