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Fema / RBI - As everyone may be aware that Reserve Bank of India (RBI) has reduced the repo rate by 25bps to 6.25%. But first of all let us understand some of the terminologies and correlations which can help us interpret the effects of reduced repo rate....
Read MoreFema / RBI - From April 1st 2016 onwards, banks and NBFCs have been instructed by the Reserve Bank of India (RBI) to shift to a new system of setting loan rates. Termed as Marginal Cost-of-funds-based Lending Rate (or MCLR) system, under this system, the lending institutions link their loan rates to marginal funding costs....
Read MoreFema / RBI - Repo (Repurchase) rate also known as the benchmark interest rate is the rate at which the RBI lends money to the banks for a short term. When the repo rate increases, borrowing from RBI becomes more expensive. If RBI wants to make it more expensive for the banks to borrow money, it increases the repo rate similarly, if it wants to make it...
Read MoreFema / RBI - Interest is nothing more than the cost someone pays for the use of someone else's money. Homeowners, credit cards users etc know about this scenario very well. They borrow money from bank and in return they pay interest to bank for using the privilege. ...
Read MoreFema / RBI - Monetary Policy Measures Complement Finance Ministry’s Policies Aimed at Controlling Inflation and Promoting Sustainable Growth: FM. Finance Minister, Shri Pranab Mukherjee has welcomed the Monetary Policy 2010-11 announced today by the Reserve Bank of India. Finance Minister’s observations on Monetary Policy are as under: ...
Read MoreFema / RBI - Monetary and Liquidity Measures On the basis of an assessment of the current and evolving macroeconomic situation, it has been decided to: reduce the marginal standing facility (MSF) rate by 75 basis points from 10.25 per cent to 9.5 per cent with immediate effect; reduce the minimum daily maintenance of the cash reserve ratio (CRR) [&hel...
Read MoreFema / RBI - Based on an assessment of the current and prospective macroeconomic situation, we have decided to reduce the policy repo rate under the liquidity adjustment facility (LAF) by 25 basis points from 7.5 per cent to 7.25 per cent....
Read MoreFema / RBI - Reduce the repo rate under the liquidity adjustment facility (LAF) by 50 basis points from 8.5 per cent to 8.0 per cent with immediate effect. The reverse repo rate under the LAF, determined with a spread of 100 basis points below the repo rate, stands adjusted to 7.0 per cent with immediate effect....
Read MoreFema / RBI - On the basis of the current macroeconomic assessment, it has been decided to: keep the cash reserve ratio (CRR) of scheduled banks unchanged at 4.75 per cent of their net demand and time liabilities; and keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 8.5 per cent. Consequently, the reverse repo r...
Read MoreFema / RBI - The Reserve Bank of India (RBI), has kept policy rates unchanged in its Mid Quarter Review of Monetary Policy announced today. The repo rate (the rate at which RBI lends money to banks) remains unchanged at 8.5%. The Reverse Repo Rate (rate at which RBI borrows money from banks) also will remain unchanged at 7.5% and the Marginal Standing...
Read MorePress Release : 2016-2017/356 - (09/08/2016) - On the basis of an assessment of the current and evolving macroeconomic situation, it has been decided to: keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 6.5 per cent; keep the cash reserve ratio (CRR) of scheduled banks unchanged at 4.0 per cent of net dem...
Read MorePress Release : 2015-2016/297 - (04/08/2015) - Since our last statement, global economic activity has recovered modestly in Q2 of calendar 2015. The US economy rebounded on stronger consumption growth and steadily improving labour market conditions, though recent wage data suggest continuing slack....
Read MoreRBI/2011-12/505 MPD.BC.354 /07.01.279/2011-12 - (17/04/2012) - Repo Rate- It has been decided to reduce the repo rate under the liquidity adjustment facility (LAF) by 50 basis points from 8.5 per cent to 8.0 per cent with immediate effect....
Read MoreRBI/2011-2012/503 FMD.MOAG. No. 68 /01.01.01/2011-12 - (17/04/2012) - As announced today by the Governor in the Annual Monetary Policy 2012-13, it has been decided to reduce the Repo rate under the Liquidity Adjustment Facility (LAF) by 50 basis points from 8.50 per cent to 8.00 per cent with immediate effect....
Read MoreRBI/2011-2012/182 FMD.MOAG. No.63/01.01.01/2011-12 - (16/09/2011) - RBI increases Repo and Reverse Repo and Marginal Standing Facility Rates by 0.25 percent to 8.25, 7.25 and 9.25 per cent respectively....
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Press Release : 2016-2017/356 - (09/08/2016) -
Press Release : 2015-2016/297 - (04/08/2015) -
RBI/2011-12/505 MPD.BC.354 /07.01.279/2011-12 - (17/04/2012) -
