Repo Rate

Chennai : Expanding the scope of Unified Payments Interface (UPI), the Reserve Bank of India (RBI) Governor Shaktikanta Das on Thursday said pre-sanctioned credit lines at banks through the former will be allowed. "It is now proposed to…

Chennai : The Reserve Bank of India (RBI) will soon put in place a process whereby people will be compensated by Credit Information Companies (CIC) for delayed updation/rectification of credit information reports, said Governor Shaktikanta…

Chennai : In a people-friendly move, Reserve Bank of India (RBI) Governor Shaktikanta Das on Thursday announced development of a common web portal to search for unclaimed deposits.According to the Union government, the total of unclaimed…

Chennai : The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) on Thursday unanimously decided not to revise the repo rate, the central bank's Governor Shaktikanta Das announced.The MPC decided to keep the repo rate the rate at…

Chennai : The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) is expected to change its stance after taking a guard against inflation by delivering a 25 basis points (bps) hike in the repo rate on April 6, said economists.…