Continuing to deliver good news for borrowers, the Reserve Bank of India (RBI) has announced another repo rate cut by 25 basis points. This is the third time in a row that the central bank has cut key rates this calendar year. Borrowers can hope for more rate cuts in the future as monetary policy stance has been changed from neutral to accommodative. Here is how Thursday's key announcements will affect your personal finances. (Text: ET Online)
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Watch RBI monetary policy: What the rate cut means for your money | Economic Times With HD Quality.
Continuing to deliver good news for borrowers, the Reserve Bank of India (RBI) has announced another repo rate cut by 25 basis points. This is the third time in a row that the central bank has cut key rates this calendar year. Borrowers can hope for more rate cuts in the future as monetary policy stance has been changed from neutral to accommodative. Here is how Thursday's key announcements will affect your personal finances. (Text: ET Online)
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Watch RBI monetary policy: What the rate cut means for your money | Economic Times With HD Quality
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Watch Unchange In Repo Rate | RBI Monetary Policy | Money Money (05-10-2017) | iNews With HD Quality
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The monetary policy committee (MPC) of the Reserve Bank of India (RBI) at its rate review held during the February 5-7 meeting considered a much bigger repo rate cut than the 25 basis points r eduction that the central bank eventually announced.
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जनता को फिर लगा महंगाई का झटका |RBI Monetary Policy | RBI Hikes Repo Rate By 50 BPS To 5.9% #dblive
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RBI ने किया मौद्रिक नीति का ऐलान
ब्याज दरों में बदलाव नहीं: RBI
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Breaking News: RBI ने किया Monetary Policy का ऐलान, 'ब्याज दरों में बदलाव नहीं' | Repo Rate |RBI MPC
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For the fifth consecutive time this calendar year, the Reserve Bank of India (RBI) slashed the repo rate by 25 bps and the reverse repo by 25 bps. This cut is sweeter for new borrowers as banks are supposed to link all new floating rate loans to any of the four external benchmarks specified by the RBI from October 1. Tune in as ET Online's Shambhavi Mehrotra brings you personal finance takeaways from the central bank's October monetary policy.
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The Reserve Bank of India (RBI) Governor Shaktikanta Das Wednesday termed the steeper 0.35 percent repo rate cut as a 'balanced' call given the domestic and global developments. He explained that a 0.25 percentage points reduction, as it has done thrice this year since February, would have been 'inadequate', while a 0.50 percentage points cut would have been 'excessive'. The six-member Monetary Policy Committee (MPC) for the fourth consecutive times in a 4:2 vote resolved to cut the rates by 0.35 percent, taking the total cuts during 2019 to 1.10 percent to a near record low of 5.40 percent. Watch this video to know more. (Text: PTI)
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Watch RBI Governor explains why MPC went for an 'unprecedented' 35 bps rate cut | Economic Times With HD Quality
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RBI Governor Shaktikanta Das on Friday announced decisions on key rates after the panel concludes its three-day meeting on June 4.RBI kept interest rates unchanged at a record low at 4%. The monetary panel will act to support growth by retaining its accommodative stance for as long as necessary, Guv Das said.
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RBI Monetary Policy: Repo rate kept unchanged at 4%
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The Reserve Bank of India (RBI) on Friday held key interest rates and maintained an accommodative stance amid uncertainty over the economic impact of the COVID-19 pandemic's second wave. RBI lowered the country's growth forecast for FY22 by a percentage point to 9.5% in view of the uncertainties created by the COVID second wave. RBI expects retail inflation to be at 5.1% in the current financial year. From Repo rate to inflation and growth forecast, here's what all Shaktikanta Das said. Listen-in!!!
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RBI monetary policy: From Repo rate to inflation and growth forecast, what all Shaktikanta Das said
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