MPC decided to maintain status quo, that is keeping benchmark repurchase (repo) rate at 4 per cent, Das said while announcing the bi-monthly monetary policy review.
In a bid to support the revival of sectors hit most by the COVID-19 pandemic, the Reserve Bank of India (RBI) on Friday decided to open a separate liquidity window of Rs 15,000 crore for certain contact-intensive sectors like hotels and restaurants, tourism and aviation ancillary services.
The Reserve Bank of India (RBI) has lowered its growth projection for the current financial year to 9.5 per cent from the previous estimate of 10.5 per cent.
The Reserve Bank of India (RBI) has retained its key short-term lending rates along with the growth-oriented accommodative stance during the second monetary policy review of FY22 on Friday.
Mumbai: Extending its winning run for the fifth session, equity benchmark Sensex finished at a fresh lifetime peak on Friday after the Reserve Bank kept interest rates unchanged but continued its accommodative stance and announced fresh liquidity measures to revive growth. The 30-share BSE benchmark briefly crossed the 51,000-level, before ending 117.34 points or 0.23 […]
Mumbai: Equity benchmark BSE Sensex jumped over 250 points in early trade on Friday, driven by gains in banking and financial stocks ahead of the Reserve Bank’s bi-monthly policy review. The 30-share index was trading 258.60 points, or 0.68 per cent, higher at 38,365.47. Similarly, the broader NSE Nifty spurted 70.00 points, or 0.62 per […]
Mumbai:The Reserve Bank of India Thursday cut benchmark interest rate by 0.25 per cent to 6.25 per cent on expectation of inflation staying within its target range, a move that may translate into lower monthly installments for home and other loans. The central bank also changed its monetary policy stance to ‘neutral’ from the earlier […]
Mumbai: Breaking all previous records, the BSE Sensex advanced by over 80 points to hit a new peak of 37,690.23, while the Nifty scaled a fresh high of 11,378.95 in opening trade ahead of the Reserve Bank’s bi-monthly policy meet outcome due later in the day. The 30-share index surged 83.65 points, or 0.22 per […]
Mumbai: Investors’ sentiment turned positive ahead of the RBI monetary policy committee (MPC) outcome on Wednesday that helped the key Indian equity indices trade higher. The 30-scrip Sensitive Index (Sensex) was trading 102.57 points or 0.29 per cent higher. The wider 50-scrip Nifty of the National Stock Exchange (NSE) was also trading 33.40 points or 0.32 […]