repo rate

RBI Will Infuse Rs 1 Lakh Crore To Fight Coronavirus In India; US Stock Markets Witness Worst Day In 30 Years Due To Coronavirus The Covid-19 pandemic has not only affected the tech sector, which we have been fervently covering since…

SBI Reduces Interest On Saving Account, Rs 30 Lakh Crore Of Deposits Will Be Impacted: 5 Facts You Should Know As we had previously informed you that the country’s largest lender State Bank of India, SBI had up with reformed service…

SBI has reduced home loan rates To anyone who’s looking for registering a home loan, there’s good news for you. The country’s largest lender, State Bank of India (SBI) has reduced its home loan rates by 20 basis points. It has actually…

Repo rate is the interest at which RBI lends money to other banks, which are meant for consumer loans. It is also called short-term lending rate.

RBI Hikes Key Policy Rates Like Air India pilots, even equity shares seem to have gone on strike against RBI’s move to hike key policy rates by 50 bps today. Benchmark BSE Sensex corrected a whopping 463 points indicating its disliking…

It’s like – if you are wounded, then tighten the noose slowly and gently, but surely. The noose should not further hurt your wound and yet provide you protection from the outer world. Yes, that’s what RBI seems to be doing rather well –…