The Monetary Policy Committee of the Reserve Bank of India on Wednesday decided to increase the repo rate by 25 basis points to 6.5 per
Day: August 2, 2018
Higher interest rates are here to stay – The Hindu BusinessLine
With the credit policy of the RBI being announced six times a year, the expectations are that the action to be taken would be based
MPC overreacts – The Hindu BusinessLine
Citing “uncertainty over domestic inflation”, the Monetary Policy Committee (MPC) has opted for back-to-back repo rate hikes, as a result of which the borrowing rate
To boost priority sector lending, RBI allows banks to co-originate loans with NBFCs – The Hindu BusinessLine
In a bid to give a leg-up to priority sector lending, the Reserve Bank of India, on Wednesday, said all scheduled commercial banks will be
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