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RBI increased the estimate of economic growth rate to 7 percent, know the main points of Governor Shaktikanta Das in point.

RBI increased the estimate of economic growth rate to 7 percent, know the main points of Governor Shaktikanta Das in point.

RBI on Repo Rate: reserve Bank of India (rbi) has increased the country’s economic growth rate estimate for the current financial year 2023-24 to seven percent. The central bank has increased the growth rate estimate amid strong domestic demand and increased capacity utilization in the manufacturing sector. Earlier, the central bank had projected GDP (gross … Read more

RBI Repo Rate: Reserve Bank kept the repo rate stable at 6.5% for the fifth time, know what effect it will have on your loan EMI.

RBI Repo Rate: Reserve Bank kept the repo rate stable at 6.5% for the fifth time, know what effect it will have on your loan EMI.

What is repo rate? Repo rate is an economic term. Simply put, it is the interest rate at which the central bank of a country lends money to commercial banks. Repo rate is a charge between a bank and RBI, which is known as Repo or Repurchase Agreement, for the banks to settle their transactions … Read more

Big announcement of RBI on this scheme of Narendra Modi, now loan of Rs 3 lakh will be available only on this much interest, bank will give 8% subsidy

Big announcement of RBI on this scheme of Narendra Modi, now loan of Rs 3 lakh will be available only on this much interest, bank will give 8% subsidy

RBI’s big announcement on this scheme of Narendra Modi Reserve Bank of India Governor Shaktikanta Das has said that the payment to PM Vishwakarma will be made from the Infrastructure Development Fund (PIDF) It has been decided to include it under the scheme and to extend the scheme for two years. Announcing the bi-monthly monetary … Read more

Repo Rate: RBI announces 0.25% hike in interest rates, know how much you will be affected

Repo Rate: RBI announces 0.25% hike in interest rates, know how much you will be affected

[ad_1] Mumbai : The three-day meeting of the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) is going on to decide the policy interest rate repo rate under the bi-monthly monetary review. There is a possibility that in order to control inflation, RBI Governor Shaktikanta Das may announce an increase of about … Read more