Reserve Bank Of India

RBI raises repo rate by 25 basis points to 6.5%

February 08, 2023

RBI raises repo rate by 25 basis points to 6.5%

Repo rate is the rate at which the RBI lends money to commercial banks. It is used by monetary authorities to control inflation.

February 06, 2023
Rupee tumbles to one-month low amid Fed rate-hike bets

Sustained foreign fund outflows and firm crude oil prices further dented investor sentiments, forex traders said.
February 04, 2023
0% EMIs aren't zero as you think. Here's why

The 0% interest schemes were banned by the RBI 10 years ago, but it remains on offer even now.
January 30, 2023
RBI likely to hike repo rate by 25 bps in Feb, say economists

In the last full budget before a 2024 general election, Prime Minister Narendra Modi's government is expected to focus on lowering the fiscal deficit rather than extra spending.
January 17, 2023
States' fiscal health improves, debt-GDP ratio remains high: RBI report

The fiscal health of the states has improved from a sharp pandemic-induced deterioration in 2020-21 on the back of a broad-based economic recovery and resulting high revenue collections.
December 23, 2022
Kerala to borrow Rs 1,500 cr for paying next month’s salary, pension

The auction of the debt instruments will take place through the e-Kuber portal at the office of the Reserve Bank of India at Fort, Mumbai, on December 27.
December 22, 2022
Supreme Court verdict on pleas challenging demonetisation on Jan 2, 2023

The Narendra Modi-led BJP government had demonetised Rs 500 and Rs 1,000 currency notes in 2016.

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