Repo Rate Unchanged: Infrastructure and construction sector continued to show solid growth says MPC

By Rohit Sharma NEW DELHI: The Reserve Bank of India in its fourth bi-monthly statement, issued on October 5, on the basis of an assessment of the current and evolving macroeconomic situation at its meeting, decided to keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 6.5 per

Hike of 0.25 basis points in repo rate will not make major difference to real estate: Niranjan Hiranandani

By Accommodation Times Bureau MUMBAI The RBI has raised a 'cautionary flag' on inflation, by raising the repo rate by 25 basis points. This marks the first interest rate hike in four-and-a-half years. The counter-balancing factor was that the RBI has retained its 'neutral' stance. The six-member monetary policy committee (MPC), headed

RBI cuts repo rate by 25 basis points to 7.5%, motivates economic growth

By Accommodation Times News Service The Reserve Bank of India (RBI) lowered its policy repo rate by 25 basis points to 7.5% on Wednesday, this is the second time this year that for easing inflation and for the growth of economy, central bank has initiated this step. Both rate cuts this year were outside

No change in repo rates by RBI still at 8%

By Accommodation Times News Services Reserve Bank of India Governor Raghuram Rajan, announced RBI’s monetary policy on 1st Apiril, 2014, Tuesday keeping the repo rates unchanged at 8%. While repo rate was kept unchanged at 8%, Cash Reserve Ratio (CRR) and reverse repo rate were maintained at status quo of 4%