RBI lowers repo rate by 25 bps to 6%

By Rohit Sharma NEW DELHI: Reserve Bank of India’s Monetary Policy Committee (MPC) today decided to reduce the policy repo rate under the liquidity adjustment facility (LAF) by 25 basis points to 6.0 per cent from 6.25 per cent. Consequently, the reverse repo rate under the LAF stands adjusted to 5.75 per cent, and

RBI reduces repo rate by 25 basis points to 6.25%

By Rohit Sharma NEW DELHI: The Reserve Bank of India’s Monetary Policy Committee (MPC) Thursday reduced the repo rate under the liquidity adjustment facility (LAF) by 25 basis points from 6.5 per cent to 6.25 per cent. The MPC also decided to change the monetary policy stance from calibrated tightening to neutral. Repo

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