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Source: Live Mint The Reserve Bank of India’s (RBI) on December 6 kept the benchmark repo rate unchanged at 6.5% for the eleventh straight meeting, and maintained the monetary policy stance ‘Neutral’. The six-member Monetary Policy Committee (MPC) led by RBI Governor Shaktikanta Das decided to remain unambiguously focused on a durable alignment of inflation…
Source: Live Mint Before getting a personal loan, various factors such as credit history, banks, income, and employment type, among many other factors, may determine interest on your loan. These factors are directly related to the borrowers and lenders. However, there are certain factors beyond the control of a borrower and a lender that may…
Source: Live Mint Stock markets could open gap down on Monday in response to the lower-than-expected gross domestic product (GDP) reading for the second quarter , but the dip could be purchased as the growth slowdown is likely to be seen as a one-off and spur dovish commentary on rates from Reserve Bank of India…
Source: Business Standard 3 min read Last Updated : Oct 09 2024 | 11:04 AM IST The Reserve Bank of India (RBI) on Wednesday decided to keep the repo rate unchanged for the tenth consecutive time, signaling a pivotal moment in the interest rate cycle. The shift from an accommodative to a neutral stance…
Source: Business Standard 4 min read Last Updated : Oct 09 2024 | 11:18 AM IST The Reserve Bank of India (RBI) on Wednesday decided to keep the key repo rate unchanged at 6.5% in its monetary policy review. This marks the tenth consecutive time the central bank has maintained a status quo, signalling…
Source: Business Standard RBI, Reserve Bank of India(Photo: Reuters) 3 min read Last Updated : Oct 09 2024 | 11:56 AM IST As the Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) decided to keep the repo rate unchanged at 6.5 per cent on Wednesday (October 9), governor Shaktikanta Das announced that the…
Source: Business Standard Although the industry expected the status quo to persist, it is not anticipating any negative impact 4 min read Last Updated : Oct 09 2024 | 2:11 PM IST Even as the realtors’ hopes for a repo rate cut ahead of the festive season were dashed after the Reserve Bank of…
Source: Business Standard RBI Governor Shaktikanta Das highlighted adverse weather conditions, ongoing geopolitical conflicts, and a rise in select commodities as the key threats to its inflation forecast.(Photo: Shutterstock) 4 min read Last Updated : Oct 09 2024 | 1:11 PM IST After the Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) on Wednesday…
Source: Live Mint Rate-sensitive sectors surged on Wednesday, October 9 following the Reserve Bank of India (RBI)’s decision to change its policy stance to ‘Neutral’ from ‘Withdrawal of Accommodation,’ indicating the possibility of a rate cut in December. The RBI’s Monetary Policy Committee (MPC), however, kept the repo rate unchanged at 6.5 per cent for…
Source: Business Standard The RBI kept the repo rate unchanged at 6.5 per cent for the tenth consecutive meeting, with a majority vote of 5-1 (Photo: PTI) 4 min read Last Updated : Oct 09 2024 | 10:32 AM IST The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) on Wednesday,…
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