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US Fed keeps rates steady, RBI likely to follow suit; here’s why
MPC which is set to review policy next week, may maintain a status quo following weaker than expected economy recovery
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RBI keeps repo rate unchanged; your EMIs won’t come down
The RBI has kept repo rate, the rate of interest at which commercial banks borrow money from the central bank, at 4% for the last five bi-monthly meet
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RBI says no need for loan moratoriums at present
The RBI governor said businesses, particularly the private sector ones, are better prepared today to deal with the situation and to continue with thei
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Explained | Repo rate, reverse repo and CRR
Movement is repo rate, reverse repo rate and cash reserve ratio affects the interest you earn and the EMI you pay
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What to expect from RBI’s upcoming policy review meet?
In the upcoming policy meet, RBI has to deal with the rising inflation numbers, higher crude oil prices, the rising G-Sec yield- which indicates highe
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The RBI will meet six times in FY22. Here’s the MPC review meet calendar
The first meeting of the six-member MPC to decide on the first bi-monthly monetary policy statement for 2021-22 will be held from April 5 to 7
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Don’t miss! These factors may decide your monthly instalments, equity investments next week
The Dollar Index, which measures the US currency against a basket of six peers, will also be closely watched
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WATCH: RBI Policy Updates. Rates unchanged, growth outlook positive
Repo and reverse repo rates unchanged at 4% and 3.35% respectively. GDP growth rate for FY22 pegged at 10.5%.
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RBI keeps rates unchanged, allows retail investors to open gilt accounts
RBI keeps key rates unchanged repo rate at 4% & reverse repo rate 3.35%.
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WATCH: Here’s what to expect from RBI’s Monetary Policy today
RBI is expected to reassure on liquidity in the system, with a gradual normalisation over the next few quarters. Lending rates not likely to be change
