RBI MPC: Today is the last day of the two-monthly meeting of the Monetary Policy Committee (MPC) of the Reserve Bank of India for the new financial year (2024-25). It is being told that at 10 am in the morning, the Governor of the Reserve Bank will hold a press conference and give information about … Read more
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
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
[ad_1] Mumbai : There is important news for those taking home loan, car loan and personal loan from government or private banks. Loans are likely to become costlier in April. According to media reports, in the first week of April, there will be a bi-monthly monetary review meeting of the Monetary Policy Committee (MPC) of … Read more