RBI Again Increased The Repo Rate

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What Is Repo Rate ?

The interest rate at which the RBI loans money to commercial banks and financial institutions is known as the repo rate. [{ "selector": ".ajfuc-a", "duration": "500ms", "fill": "forwards", "delay": "500ms", "keyframes": [ {"offset": 0, "transform": "translateY(-356px)", "opacity": "1"}, {"offset": 1, "transform": "translateY(0)", "opacity": "1"} ] }, { "selector": ".omdbe-a", "duration": "500ms", "fill": "forwards", "delay": "500ms", "keyframes": [ {"offset": 0, "transform": "translateY(calc(600px - 297px))", "opacity": "1"}, {"offset": 1, "transform": "translateY(0)", "opacity": "1"} ] }, { "selector": ".krerd-a", "duration": "500ms", "fill": "forwards", "delay": "1500ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }, { "selector": ".gutqf-a", "duration": "500ms", "fill": "forwards", "delay": "1000ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }]

The repo rate or prime lending rate has risen by 50 basis points to 5.90% by the Reserve Bank of India. [{ "selector": ".cqcow-a", "duration": "500ms", "fill": "forwards", "delay": "500ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }]

While announcing the Monetary Policy Committee's recommendations, RBI Governor Shaktikanta Das (MPC)

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The most recent change in the repo rate was done to keep inflation within the desired range.

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Analysts had anticipated a 50 basis point increase in the repo rate as a result of current global conditions.

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~ Er. Abhishek Suthar

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RBI Again Increased The Repo Rate

What Is Repo Rate ?

While announcing the Monetary Policy Committee's recommendations, RBI Governor Shaktikanta Das (MPC)

The most recent change in the repo rate was done to keep inflation within the desired range.

Analysts had anticipated a 50 basis point increase in the repo rate as a result of current global conditions.

~ Er. Abhishek Suthar

Check www.financevala.in
On Google

If You Want To Know How To Invest Your Money Wisely Than

Click Below For Latest Finance News

RBI Again Increased The Repo Rate

What Is Repo Rate ?

While announcing the Monetary Policy Committee's recommendations, RBI Governor Shaktikanta Das (MPC)

The most recent change in the repo rate was done to keep inflation within the desired range.

Analysts had anticipated a 50 basis point increase in the repo rate as a result of current global conditions.

~ Er. Abhishek Suthar

Check www.financevala.inOn Google

If You Want To Know How To Invest Your Money Wisely Than

Click Below For Latest Finance News

Check www.financevala.in
On Google