Fema / RBI : Learn how changes in RBI's repo rate affect your EMIs. Explore impacts on loans, investments, and economic conditions in this insi...
Fema / RBI : Explore the profound impact of increasing repo rates on borrowers and discover strategies to manage the resulting financial burden...
Fema / RBI : Explore the significance, effects, and current outlook of repo rates in India. The Reserve Bank of India's (RBI) recent decision t...
Fema / RBI : Understand the significance of Repo Rate and Reverse Repo Rate set by the Reserve Bank of India (RBI) and their impact on the econ...
Fema / RBI : The newly appointed Monetary Policy Committee (MPC) of Reserve Bank of India with Dr. Ashima Goyal, Professor Jayanth R. Varma, an...
Fema / RBI : Government closely monitoring transmission of repo rate cut by the Banking Sector and recognise efforts of wealth creators in scri...
Fema / RBI : Monetary and Liquidity Measures On the basis of an assessment of the current and evolving macroeconomic situation, it has been dec...
Fema / RBI : Based on an assessment of the current and prospective macroeconomic situation, we have decided to reduce the policy repo rate unde...
Fema / 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 immed...
Fema / RBI : On the basis of the current macroeconomic assessment, it has been decided to: keep the cash reserve ratio (CRR) of scheduled b...
Fema / RBI : fter a detailed assessment of the evolving macroeconomic and financial developments and the outlook, it decided by a 4 to 2 majori...
Fema / RBI : RBI Press releases dated 05th April 2024 containing RBI Governor’s Statement, Statement on Developmental and Regulatory Policies...
Fema / RBI : Reserve Bank of India Monetary Policy Statement, 2023-24 Resolution of the Monetary Policy Committee (MPC) December 6 to 8, 2023 O...
Fema / RBI : Explore Reserve Bank of India's latest policy measures in regulation, payments systems, and consumer protection. Analyze monetary ...
Fema / RBI : Read about the RBI's August 2023 monetary policy decisions. The repo rate remains steady, with a focus on aligning inflation to th...
Following are the highlights of RBI mid-quarterly monetary review conducted for the first time on Thursday: 1. Ups short term lending (Repo) rate by 0.25 pc to 6 pc 2. Ups short-term borrowing (Reverse Repo) rate by 0.50 pc to 5 pc
Housing, auto and corporate loans may become expensive with the Reserve Bank raising short-term key policy rates to check spiralling inflation, say bankers. “The monetary action by RBI is aimed at attacking inflation. It has made fund costlier for banks. It is a signal for upward movement of interest rates,” Central Bank of India Executive Director Arun Kaul told PTI.
Union Finance Minister, Shri Pranab Mukherjee has stated that monetary policy measures announced by Reserve Bank of India today will lead to easing of inflation, which is already going down, and it should also keep us fully on track in terms of growth.
Finance Minister Pranab Mukherjee today said the Reserve Bank will decide on a further hike in its lending and borrowing rates at the quarterly review meeting on July 27. “The RBI Board will come up with its policy on July 27. Let us wait till then,” Mukherjee told newspersons here when asked whether there would be any further hike in the repo and reverse repo rates of the RBI.
The additional liquidity support to scheduled commercial banks under the LAF to the extent of up to 0.5% of their net demand and time liabilities (NDTL) currently set to expire on July 2, is now extended up to July 16.
As you are aware, in terms of provisions contained in Rule 10(g) of the Uniform Regulations and Rules for Bankers’ Clearing Houses (URRBCH), for unauthorised overdrafts on account of adverse clearing position, defaulting banks are required to pay penal interest at the rate applicable to clean overdrafts plus 2% from the following working day till the position is regularised.
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:
Repo Rate :- It has been decided to increase the repo rate under the Liquidity Adjustment Facility (LAF) by 25 basis points from 5.0 per cent to 5.25 per cent with immediate effect. Reverse Repo Rate :- It has been decided to increase the reverse repo rate under the LAF by 25 basis points from 3.5 per cent to 3.75 per cent with immediate effect.
Reserve Bank of India is likely to squeeze money supply and make borrowings costlier further in its monetary policy on Tuesday to tame inflation which has come close to ten per cent, say bankers. The apex bank, however, may not aggressively tighten the monetary policy and is likely to resort to only a moderate 0.25 per cent hike in short-term borrowing rates and mandatory bank deposits with RBI, bankers said.
RBI has increased cash reserve ratio by 75 bps to 5.75 Percent , the hike would happen in two stages, the first stage of hike of 50 bps will be effective from February 13 and the next 25 bps from February 27. RBI has not touched the the reverse repo rate which is at 3.25 percent and repo rate which is at 4.75 percent. CRR hike would suck out Rs 36,000 crore liquidity from the system.
