RBI keeps repo rate unchanged at 6.5%, slashes CRR to 4 percent
Dec 06, 2024, at 04:47 pm
New Delhi/IBNS: The Reserve Bank of India (RBI) has kept the repo rate unchanged at 6.5% while the cash reserve ratio (CRR) has been slashed by 50 basis points to 4 percent, media reports said.
RBI policy rate hike: Experts react
Jun 08, 2022, at 09:03 pm
Mumbai: Reserve Bank of India's hike in repo rate by 50 basis points (bps) to 4.90 percent is an expected move amid the current inflationary pressures and more hikes can follow in the subsequent months, said experts.
Banks request RBI to not raise CRR in next monetary policy meet
Jun 08, 2022, at 05:50 am
Mumbai: Banks have approached the Reserve Bank of India (RBI), requesting not to further increase the Cash Reserve Ratio (CRR) threshold in the upcoming monetary policy meeting to allow credit growth amid already tightened liquidity following the last monetary policy in early May.