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RBI keeps repo rate unchanged for 9th time in a row at 6.5 pc.

By Odisha News Online Aug 8, 2024 148

MUMBAI, AUG 8 : The Reserve Bank of India on Thursday decided to keep the policy rate unchanged for the ninth time in a row, saying food inflation remains stubborn. The rate increase cycle was paused in April last year after six consecutive rate hikes, aggregating to 250 basis points since May 2022. Announcing the […]Continue Reading

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RBI MPC keeps repo rate unchanged at 6.5% for 7th time in a row

By Odisha News Online Apr 5, 2024 216

MUMBAI, APR 5 : The Reserve Bank of India (RBI) has decided to keep the key repo rate unchanged at 6.5% as its focus remains on bringing inflation under control. This is the seventh straight time that the central bank’s 6-member Monetary Policy Committee (MPC) has decided to keep the key policy rates unchanged. RBI […]Continue Reading

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RBI keeps repo rate unchanged at 6.5 per cent: Shaktikanta Das

By Odisha News Online Dec 8, 2023 250

NEW DELHI,DEC 8: The RBI Monetary Policy Committee unanimously decided to keep the repo rate unchanged at 6.5 per cent on Friday. The three-day bi-monthly monetary policy committee (MPC) meeting of the RBI began on Wednesday. The RBI typically conducts six bimonthly meetings in a financial year, where it deliberates interest rates, money supply, inflation […]Continue Reading

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RBI once again raises red flag over rising personal loans

By Odisha News Online Oct 6, 2023 227

MUMBAI,OCTO 6: The RBI has fired warning shots on the issue of rising personal loans, once again. In April, the central bank had first cautioned lenders over their rising unsecured loan portfolio, particularly personal loans, credit cards, small business loans and microfinance loans. On Friday, it again raised the red flag, asking scheduled commercial banks […]Continue Reading

National News

Don’t be surprised if GDP growth rate surpasses 7% in FY23: RBI Governor Das

By Odisha News Online May 24, 2023 266

NEW DELHI,MAY 24: The gross domestic product (GDP) growth may edge slightly above 7% in FY23, the Reserve Bank of India (RBI) Governor Shaktikanta Das predicted on Wednesday. Speaking at the annual conference of the Confederation of Indian Industries (CII), Das said that it would not be a surprise if GDP growth rate surpasses 7% […]Continue Reading

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Rs 2000 note exchange begins today

By Odisha News Online May 23, 2023 193

MUMBAI,MAY 23:  A day before the Reserve Bank of India opens the window for exchange of Rs 2,000 denomination currency notes, RBI governor Shaktikanta Das on Monday dismissed rumours of a new Rs 1,000 currency note being in the works. “There’s no such proposal right now,” he told reporters here on Monday in his first […]Continue Reading

Odisha News

ବଢ଼ିଲା ରେପୋ ରେଟ୍‌: ମହଙ୍ଗା ହେବ ମାସିକ ଗୃହ ଓ ଗାଡି କିସ୍ତି

By Odisha News Online Jun 8, 2022 299

ଭୁବନେଶ୍ୱର,୮/୬: ବୃଦ୍ଧି ହେଲା ରୋପେ ରେଟ୍ । ରିଜର୍ଭ ବ୍ୟାଙ୍କ ପକ୍ଷରୁ ରେପୋ ରେଟ୍ ୫୦ ବେସିସି ପଏଣ୍ଡ ଅର୍ଥାତ୍ ୪.୯୦ ପ୍ରତିଶତ ବୃଦ୍ଧି ପାଇଛି । ୨୦୨୨-୨୩ ବିତିୟ ବର୍ଷରେ ମୁଦ୍ରାସ୍ପିତ ୬.୭ ପ୍ରତିଶତ ରହିଛି ବୋଲି ରିଜର୍ଭ ବ୍ୟାଙ୍କ ଗଭର୍ଣ୍ଣର ଶକ୍ତିକାନ୍ତ ଦାଶ କହିଛନ୍ତି ।ରେପୋ ରେଟ୍ ବଢ଼ିବା ଦ୍ୱାରା ମହଙ୍ଗା ହେବ ଇଏମ୍‌ଆ, ଘର ଲୋନ୍‌,ଗାଡି ଲୋନ୍ ।ରିଜର୍ଭ ବ୍ୟାଙ୍କ ଆକଳନ କରିଛି ଯେ ରିପୋ ରେଟ୍ ବଢ଼ିବା ଦ୍ୱାରା ଚଳିତ ଆର୍ଥିକ […]Continue Reading

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RBI repo rate: Interest rate increased to 4.90%, EMIs likely to go up

By Odisha News Online Jun 8, 2022 446

New Delhi, June 8 :The Reserve Bank of India on Wednesday announced a hike in the repo rate by 50 basis points to 4.90 per cent. While the inflation rate has been projected at 6.7 per cent for the financial year 2022-23, the RBI remains hopeful that the economy will grow at 7.2 per cent […]Continue Reading