Good news for homebuyers! Home loan interest rates to remain at all time low
The COVID pandemic has adversely affected the real estate sector in the last two months and for economic recovery, the RBI has maintained the repo rate unchanged at 4% and reverse repo rate at 3.35%.
Jun 05, 2021, 16:47 PM IST
Fuel prices to weigh on RBI's MPC 3-day meet from June 4
This is the first time that the Monetary Policy Committee will meet for three days due to "administrative exigencies".
May 29, 2018, 17:00 PM IST
RBI likely to cut rates in Dec 6 policy review: Report
The core Consumer Price Index (CPI) based inflation, adjusted for house rent allowance is moderating, and the HRA impact (post 7th Pay Commission), is largely "statistical", it said.
Oct 30, 2017, 13:28 PM IST
Govt expects RBI to cut rate amid slowdown
In its last policy review in August, the RBI reduced the repo rate by 0.25 per cent to 6 per cent in August, citing reduction in inflation risks.
Oct 02, 2017, 12:03 PM IST
RBI may go for 0.25% rate cut in August: Report
The monetary policy committee of the Reserve Bank of India is expected to cut policy rates by 0.25 percent in August on weak growth and benign inflation, says a Bank of America Merrill Lynch (BofAML) report.
Apr 10, 2017, 12:49 PM IST
Govt appoints 3 members to interest-rate setting Monetary Policy Committee
The government on Thursday appointed three members to the interest-rate setting Monetary Policy Committee (MPC) for four years.
Sep 22, 2016, 13:12 PM IST