Tag: CPI inflation

RBI raises repo rate, home loans to be costlier

In line with equity and financial markets expectations, the Reserve Bank of India’s six-member monetary policy committee on Wednesday increased its policy repurchasing or repo rate (at which it lends short-term loans to commercial banks) by 25 basis points or 0.25 per cent from 6.25 per cent to 6.50 per cent. This is the second …

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August 2, 2018

RBI likely to keep policy rate on hold till fiscal-end: Report

The Reserve Bank is expected to pause rate cuts for the rest of 2017-18 as retail inflation is likely to tread higher towards 4.7 per cent by March, says a Kotak Institutional Equities report. According to the report, both CPI and WPI inflation have bottomed out and retail inflation is inching towards 4.7 per cent …

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September 17, 2017