"The RBI has done its part by slashing the
repo rates. The onus is now on the banks to concurrently reduce home loan rates further, thereby encouraging more fence-sitters to take purchase decisions and giving another boost to the real estate sector," added Puri.
Since then, the central bank has been using both its repo and reverse
repo rates as tools of signalling its monetary policy stance.
During the 6 Oct 2012 session, the CBA Board revised the lombard
repo rates and the deposit
THE Reserve Bank of India ( RBI) decision to dock
repo rates and cash reserve ratio ( CRR) earlier this week, has evoked mixed reaction from the developers and experts with the former predicting a boost in home sales, while the latter dismissing it as a mere sentiment booster.
New Delhi, May 3 (ANI): Reserve Bank of India (RBI) on Tuesday today raised repo and reverse
repo rates by 50 basis points each for the current fiscal.
In its eighth rate hike since March 2010, the bank increased its repo and reverse
repo rates by 25 basis points each.
While it is not strictly correct to compare
repo rates over so many decades, the prime lending rate at commercial banks is a fairly reliable comparison if we need to guage the current monetary environment.
Reserve Bank of India (RBI) is expected to further reduce the short-term repo and reverse
repo rates and the cash reserve ratio by 50 basis points each.
The Reserve Bank of India (RBI) earlier today raised repo and reverse
repo rates by 50 basis points each for the current fiscal.
THE Reserve Bank of India ( RBI) may go for another round of hiking the
repo rates and reverse
repo rates by 25 basis points ( bps) each next week on concerns of high inflation, according to a survey by the Federation of Indian Chambers of Commerce and Industry ( Ficci).
He also said that a hike, if implemented, could apply to any central bank rate, including the discount and the one-day
repo rates.
Earlier, RBI had hiked repo and reverse
repo rates by 0.25 percent as inflation remained above ten percent for the fifth month in succession.