Wed, Oct 09, 2024
The repo rate, repurchase agreement or repurchasing option, is the interest rate at which the RBI lends money to commercial banks. When the economy grows, liquidity in the market rises, loans are available at a cheaper rate, and inflation is rising, the RBI takes a measure to control this situation by making borrowing costly.
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Fri, Dec 08, 2023
RBI Monetary policy meeting outcome: The RBI Governor Shaktikanta Das-led monetary policy committee (MPC) on Friday, December 8, 2023, kept the repo rate unchanged for the fifth time.
Tue, Apr 04, 2023
The Reserve Bank of India (RBI) is expected to hike the benchmark interest rate by 25 basis points in the bi-monthly monetary policy to be announced on April 6, under pressure to bring down retail inflation and keep pace with global peers.
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