Wed, Oct 09, 2024
RBI Repo Rate Decision: The Reserve Bank of India Governor-led Monetary Policy Committee decides the repo rate—or the key interest rate at which the RBI lends money to commercial banks—taking into account a number of factors including consumer inflation (measured by the CPI) and GDP growth. It is the very rate that determines the interest rates commercial banks like SBI and HDFC Bank pass on to their customers.
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Fri, Oct 13, 2017
Key highlights:
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