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Repo rate

Repo rate remains unchanged at 6.5 percent

The Reserve Bank of India (RBI) governor Shaktikanta Das announced that the Monetary Policy Commitee (MPC) decided to keep the policy repo rate unchanged at 6.5% for a ninth consecutive meeting. Consequently, the standing deposit…

RBI maintains repo rate unchanged at 6.5%

Chennai: As predicted by economists, the Reserve Bank of India's Monetary Policy Committee (MPC) did not change the repo rate from 6.50 per cent. Announcing the decision of the MPC after its three-day deliberations, RBI Governor…

EMI to rise again with RBI repo rate hike

Chennai: As expected earlier, the Reserve Bank of India's Monetary Policy Committee (MPC) increased the repo rate by 50 basis points to 5.90 on Friday. The RBI Governor Shaktikanta Das, heading the MPC, announced the hike to subdue the…