WebRBI raises repo rate by 25 bps to 6.5%. It drew comfort from the easing headline inflation aided by food prices, but the stubbornly high core inflation – stripping out food and fuel – … WebApr 12, 2024 · Relevance: GS3 - Indian Economy and issues relating to planning, mobilization, of resources, growth, development and employment, GS2 - Statutory, regulatory and various quasi-judicial bodies (Source: Indian Express, 04/12/2024)Click here for Daily Current Affairs. Why in the news? Recently, the RBI in contrast to the inflation-control …
RBI repo rate: India central bank hikes interest rates after two years
WebApr 6, 2024 · MUMBAI: Reserve Bank Governor Shaktikanta Das on Thursday exuded confidence that India's current account deficit (CAD), a key external sector indicator, is likely to remain moderate in the January ... WebApr 11, 2024 · Business / PTI / Apr 11, 2024, 19:01 IST. WASHINGTON: The International Monetary Fund ( IMF) on Tuesday lowered India's economic growth projection for the current fiscal to 5.9 per cent from 6.1 per cent earlier. Yet India will continue to be the fastest-growing economy in the world. In its annual World Economic Outlook, IMF also … crate corners
RBI pause on repo rate hike to help sustain home loan demand: …
WebApr 11, 2024 · Apr 10, 202423:46 PDT. The Reserve Bank of India’s (RBI) rate-setting panel, the Monetary Policy Committee (MPC), is unlikely to make a pivot on rate cuts in the current financial year as the focus remains on curbing inflation that has been above target for over three years now, according to Radhika Rao, Executive Director and Senior ... WebFinance News: Get latest Banking news, Reserve Bank of India news, FIIs, NBFC, Insurance news, SEBI news, Public and Private sector bank news, NBFCs and gold lending news at … WebApr 11, 2024 · Bank of Baroda (BANKBARODA) — India's second largest PSU lender after SBI — on Tuesday hiked its MCLR or marginal cost of funds-based lending rate for select tenors by five basis points, effective April 12. The hike in the key interest rate by Bank of Baroda comes days after the RBI announced a status quo on the repo rate though not committing … crate console