Tag results for: repo rate and reverse repo rate
There is big news, if you also pay with a credit card, RBI has made a new rule!
The Reserve Bank's Liberalised Remittance Scheme (LRS) now covers expenses incurred in foreign currency through payments made with international credit card. The Finance Ministry announced on Tuesday that expenses...
RBI has fined this bank of 2crore, what will be the effect on account holders
The Reserve Bank of India (RBI) has occasionally issued penalties for rule violations against numerous banks and NBFCs. The RBI has fined HSBC Bank Rs. 1.73 crore for breaking...
Repo rate may increase today, your loan EMI will also increase
Today will see the release of the conclusions of the Monetary Policy Committee's (MPC) three-day meeting, which determines the Reserve Bank of India's (RBI) interest rate. Shaktikanta Das, governor...
RBI to hike repo rate once again in April after increasing interest rate recently
In order to control inflation, the central bank increased the repo rate by six times since the beginning of May 2022. On Wednesday, a signal was provided to the RBI...