In line with expectations,the Reserve Bank of India (RBI) today cut its short-term lending rate,the repo rate,by 0.25 per cent to spur growth and revive investment but sounded a note of caution on further easing of rates on account of high food inflation and current account deficit.
The MPC also cut the reverse repo rate to 5.15%. With Wednesday’s move, the RBI has cut the repo rate by 110 bps this year.
The Reserve Bank of India (RBI) on Thursday cut repo rate for the third consecutive time this year to 5.75 per cent from the current 6 percent amid falling economic growth and uncertain global scenario.The six-member monetary policy committee (MPC) headed by governor shaktikanta das concluded its second meeting for the fiscal year 2019-20.
CCTV cameras are seen installed above the logo of Reserve Bank of India (RBI) inside its headquarters in Mumbai, India, February 7, 2019. NEW DELHI (AP) – India’s central bank on Wednesday cut.
RBI rate cut is expected to boost buying sentiments but. NEW DELHI: The Reserve Bank of India on Thursday reduced repo rate, or the rate at which it lends to banks, by 0.25% with immediate effect,
Top-up home loan: Is it a better option than gold or personal loan? It can have a number of purposes, such as providing an alternative to remortgaging or serving as a top-up’ loan to. Nemo Personal Finance, Precise Mortgages, Prestige Finance, Shawbrook Bank,
The MPC also cut the reverse repo rate to 5.15%. With Wednesday’s move, the RBI has cut the repo rate by 110 bps this year. Analysts say the real challenge remains getting India’s banks to pass rate cuts to borrowers.
The Reserve Bank of India (RBI) on Thursday cut repo rate for the third consecutive time this year to 5.75 per cent from the current 6 percent.
New Delhi: The Monetary Policy Committee (MPC) led by Reserve Bank of India Governor Shaktikanta Das cut repo rate — the rate at which it lends short term money to banks — by 25 basis points or 0.25% to 5.75% in a bid to boost growth as inflation has softened over the last few years. The MPC has also changed its policy stance to accommodative from neutral earlier which means the central bank keeps scope open for another rate cut in the near future if the economy warrants so.
RBI’s 0.25% rate cut not sufficient to propel growth: india Inc India Inc said it is still not sufficient to spur demand and propel industrial growth, demanding a steeper reduction from the central bank to kickstart investment cycle.
AGNC Investment Corp. (AGNC) Receives Average Recommendation of “Hold” from Analysts During Q2 FY17, the Company’s average asset yield on its "balance sheet funded assets" (investment portfolio excluding the net TBA position) came in at 2.66% versus 2.46% in Q2 FY16. Furthermore, AGNC.