Published 1 year ago

Your car, home EMIs may go up as RBI hikes repo rate by 35 basis points to 6.25%

Summary by Ground News

The repo rate or the short-term lending rate at which banks borrow from the central bank now has crossed 6 per cent. This is the fifth consecutive rate hike after a 40 basis points increase in May and 50 basis points hike each in June, August and September. The six-member Monetary Policy Committee (MPC) headed by RBI Governor Shaktikanta Das decided by majority view in favour of the rate hike.

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Times of India

EMIs to go up as RBI raises repo rate by 35 basis points to 6.25%

India Business News: The Reserve Bank of India (RBI) raised its key lending rate by 35 basis points on Wednesday as inflation continues to stay above the central bank's to

1 year ago·India

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News18 India

RBI MPC Meeting: Repo Rate Hiked By 35 bps To 6.25%; In Line With Expectations

RBI MPC Meeting: Repo Rate Hiked By 35 bps To 6.25%; In Line With Expectations; With this latest hike, the RBI's rate-setting panel has raised the repo rate by 225 basis points this year in total, in order to control inflation

1 year ago·India

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Hindustan Times

RBI monetary policy review LIVE: Repo rate hiked by 35 basis points to 6.25%

The Monetary policy committee (MPC) of the Reserve Bank of India (RBI) will announce its policy review today. The bi-monthly meeting which started on Monday is keenly watched by the financial market.

1 year ago·New Delhi, India

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India Today

Your car, home EMIs may go up as RBI hikes repo rate by 35 basis points to 6.25%

The Reserve of India (RBI) has increased the repo rate, an interest rate at which the central bank lends loans to commercial banks, by 35 basis points, which could prompt the EMIs payable on loans by the bank customers to go up.

1 year ago·India

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Latestly

RBI Monetary Policy Meet 2022: Reserve Bank of India Hikes Benchmark Lending Rate by 35 Basis Points to 6.25% Tame Inflation

This is the fifth consecutive rate hike after a 40 basis points increase in May and 50 basis points hike each in June, August and September. In all, the RBI has raised the benchmark rate by 2.25 per cent since May this year. The six-member Monetary Policy Committee (MPC) headed by RBI Governor Shaktikanta Das decided by majority view in favour of the rate hike. RBI Monetary Policy Meet 2022: Reserve Bank of India Hikes Benchmark Lending Rate by …

1 year ago

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Business Standard

Rate sensitive shares trade mixed as RBI hikes repo rate by 35 bps to 6.25%

At 10:35 AM; Nifty Bank, Nifty Financial Services, Nifty PSU Bank and Nifty Private Bank indices were up in the range of 0.10% to 0.90%; while Nifty Auto and Nifty Realty indices slipped up to 0.2%.

1 year ago·India

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