Repo Rate: News

RBI keeps repo rate unchanged at 6.5%

The Reserve Bank of India's Monetary Policy Committee (MPC) has decided to keep the repo rate steady at 6.5%, marking the seventh consecutive time this rate has been maintained.

RBI maintains repo rate at 6.5%, FY24 GDP forecast unchanged 

The Reserve Bank of India (RBI) Governor Shaktikanta Das announced on Friday that the central bank's Monetary Policy Committee (MPC) has decided unanimously to keep the key repo rate steady at 6.5%, in line with economists' predictions.

After six hikes, RBI keeps repo rate unchanged at 6.5%

The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) stopped its rate-hike cycle to keep the repo rate unchanged at 6.5%, RBI Governor Shaktikanta Das announced on Thursday.

RBI may pause interest hikes, keep 6.5% terminal repo rate

The Reserve Bank of India (RBI) is likely to pause interest rate hikes in the next Monetary Policy Committee (MPC) meeting in April, said State Bank of India (SBI) Research, per ANI.

#NewsBytesExplainer: How does repo rate affect the common man

The Reserve Bank of India (RBI) has hiked India's repo rate for the sixth time since May 2022. Have you ever wondered why it becomes big news when the RBI hikes or lowers the repo rate?

RBI hikes repo rate by 25 basis points to 6.5%

The Reserve Bank of India (RBI) Governor Shaktikanta Das announced on Wednesday that the country's repo rate has been raised by 25 basis points to 6.5%.

RBI increases key repo rate by 35 bps to 6.25%

The Reserve Bank of India (RBI) increased its key lending rate on Wednesday by 35 basis points to 6.25%.

Monetary policy: RBI hikes repo rate by 50bps to 5.9%

The Reserve Bank of India (RBI) hiked the repo rate by 50 basis points (bps) to 5.9% on Friday, Governor Shaktikanta Das announced.

RBI maintains lending rates; 7.8% GDP growth projected in 2022-23

The Reserve Bank of India (RBI) kept the repo rate unchanged at 4% for the 10th time in a row in its monetary policy review meeting on Thursday.

04 Jun 2021

India

RBI keeps repo rate at 4%, cuts GDP growth projection

The Reserve Bank of India (RBI) has once again kept the repo rate unchanged at 4 percent in an attempt to "support growth and keep inflation within the target" amid India's COVID-19 crisis.

RBI MPC keeps repo rate unchanged at 4%

The Monetary Policy Committee (MPC) of the Reserve Bank of India today kept the repo rate unchanged at 4 percent and maintained its accommodative stance for as long as necessary to sustain growth.

Repo rate untouched, 10.5% GDP growth predicted in 2021-22

Reserve Bank of India (RBI) has decided to leave key rates unchanged, Governor Shaktikanta Das said on Friday, in his first address after the Union Budget was presented on Monday.

RBI predicts FY21's real GDP-growth at -7.5%; repo rate unchanged

On Friday, the Reserve Bank of India revised the real GDP growth projection for 2020-21 to -7.5%, after initially predicting that it would be -9.5%.

As economy suffers, RBI keeps repo rate unchanged

On Thursday, RBI Governor Shaktikanta Das announced that repo rate and reverse repo rate will not change, a move which would keep retail prices contained.

Reserve Bank of India keeps repo rate unchanged at 5.15%

The Reserve Bank of India (RBI), kept the repo rate unchanged at 5.15%. The reverse repo rate also remained the same at 4.90%.

RBI keeps repo rate unchanged; lowers growth forecast

While many expected the Reserve Bank of India (RBI) to slash repo rates in December, the central bank, in a surprise move, kept them unchanged.

RBI cuts repo rate, slashes GDP growth estimates

On Friday, the six-member Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) cut the repo rate by 25 basis points to 5.15% in its "accommodative" stance to revive growth.

04 May 2019

India

#FinancialBytes: About SBI's interest rate-repo rate linkage and its impact

State Bank of India (SBI) is the largest public sector bank in the country with more than 42 crore customers.

#FinancialBytes: Here's what changes for SBI customers from 1 May

The state-owned State Bank of India (SBI) is the largest public sector bank in the country with more than 42 crore customers.

RBI cuts repo rate by 25bps; loans/EMIs to get cheaper

Taking a major policy U-turn, the RBI's six-member Monetary Policy Committee (MPC) headed by newly-appointed Governor Shaktikanta Das lowered the repo rate by 25 basis points to 6.25%.

05 Dec 2018

India

RBI leaves repo rate unchanged at 6.5% second-time in row

The Reserve Bank of India today left the repo rate unchanged while maintaining the stance of "calibrated tightening" of policy. The key rate remains unchanged at 6.5%.

02 Dec 2018

India

RBI likely to keep interest rate unchanged on December 5

The Reserve Bank is likely to maintain status quo on interest rate in the upcoming monetary policy review on December 5 despite moderation in economic growth and easing inflation, suggested experts.

In a surprise move, RBI keeps policy rates unchanged

The Reserve Bank opted for a surprising status quo at the bi-monthly review today on expectations of softening price rise, but changed the policy stance to "calibrated tightening" from "neutral".

06 Jun 2018

India

Know what does hiked RBI Repo Rate mean for you

After the bi-monthly review of its monetary policy, the Reserve Bank of India (RBI) today hiked the Repo Rate by 25 basis point to 6.25%.

RBI holds repo rate at 6%

In the first bi-monthly monetary policy review of 2018-19, the RBI's monetary policy committee (MPC) has kept repo rates unchanged at 6%,

07 Feb 2018

India

RBI keeps repo rate unchanged for third time at 6%

The RBI has kept the repo rate unchanged at 6% for the third time, even as inflation reached a 17-month high.

06 Dec 2017

India

RBI keeps repo-rate unchanged at 6% for second consecutive time

The RBI's six-member Monetary Policy Committee (MPC) has kept the repo rate unchanged at 6%, second time in a row, in its fifth bi-monthly policy review.

04 Oct 2017

India

RBI: Repo rate remains unchanged at 6%; GVA growth-estimate slashed

Urjit Patel-led six-member Monetary Policy Committee (MPC) of Reserve Bank of India has kept the repo rate unchanged at 6% as per expectations.

08 Jun 2017

India

RBI Monetary Policy Committee keeps repo rate unchanged at 6.25%

Governor Urjit Patel-led six-member Monetary Policy Committee (MPC) of the Reserve Bank of India kept the repo rate (short-term lending rate) unchanged, while slashed the statutory liquidity ratio (SLR) by 50 basis points to 20% in their second bimonthly monetary policy review.