RBI raises repo rate by 40 basis points to 4.40 % with immediate effect

Mumbai, May 4 In a surprise move, the Reserve Bank of India (RBI) on Wednesday increased the policy repo rate by 40 basis points to 4.40 percent with immediate effect.…

RBI keeps repo, reverse repo rates unchanged for 11th time in row

Mumbai, April 8 Reserve Bank of India’s (RBI) Monetary Policy Committee on Friday voted to keep the benchmark repo and reverse repo rates unchanged for the 11th consecutive time. “MPC…

RBI keeps policy rate unchanged for 7th time in a row; repo retained at 4%

The Fact News Service Mumbai, August 6 The Reserve Bank of India (RBI) on Friday decided to keep benchmark interest rate unchanged at 4 per cent but maintained an accommodative…