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Source: Business Standard 3 min read Last Updated : Oct 09 2024 | 11:04 AM IST The Reserve Bank of India (RBI) on Wednesday decided to keep the repo rate unchanged for the tenth consecutive time, signaling a pivotal moment in the interest rate cycle. The shift from an accommodative to a neutral stance…
Source: Business Standard RBI, Reserve Bank of India(Photo: Reuters) 3 min read Last Updated : Oct 09 2024 | 11:56 AM IST As the Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) decided to keep the repo rate unchanged at 6.5 per cent on Wednesday (October 9), governor Shaktikanta Das announced that the…
Source: Business Standard Although the industry expected the status quo to persist, it is not anticipating any negative impact 4 min read Last Updated : Oct 09 2024 | 2:11 PM IST Even as the realtors’ hopes for a repo rate cut ahead of the festive season were dashed after the Reserve Bank of…
Source: Business Standard A rate cut at this juncture would have provided the ideal boost to accelerate consumer demand across industries, he added (Photo: PTI) 1 min read Last Updated : Oct 09 2024 | 2:57 PM IST Realtors’ apex body Credai on Wednesday said the RBI should have cut key interest rates to…
Source: Live Mint Personal loans are adaptable financial tools that can be used for various purposes, including debt consolidation, large purchases, and unexpected needs. Typically, they are unsecured loans, meaning they do not require collateral such as a home or car. Let’s explore some common reasons why people take out personal loans. Also Read |…
Source: Business Standard RBI Governor Shaktikanta Das highlighted adverse weather conditions, ongoing geopolitical conflicts, and a rise in select commodities as the key threats to its inflation forecast.(Photo: Shutterstock) 4 min read Last Updated : Oct 09 2024 | 1:11 PM IST After the Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) on Wednesday…
Source: Business Standard The RBI kept the repo rate unchanged at 6.5 per cent for the tenth consecutive meeting, with a majority vote of 5-1 (Photo: PTI) 4 min read Last Updated : Oct 09 2024 | 10:32 AM IST The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) on Wednesday,…
Source: Business Standard Reserve Bank of India | (Photo: Shutterstock) 3 min read Last Updated : Oct 03 2024 | 10:58 PM IST Interest rates are expected to decline soon after remaining elevated for an extended period. After the US Federal Reserve’s recent 50-basis-point (bps) cut, other central banks, including the Reserve Bank of…
Source: Business Standard 3 min read Last Updated : Oct 03 2024 | 11:44 AM IST If you plan on buying a new car, one task for that is to decide loan options offered by various banks. Understanding the interest rates, processing fees, and other charges associated with these loans is essential for making…
Source: Business Standard Home Loan, Loan, Home, House(Photo: Shutterstock) 3 min read Last Updated : Oct 02 2024 | 2:03 PM IST Taking out a loan to purchase a home is a significant financial decision. Even a small variation in interest rates can have a substantial impact. Hence, it is essential to compare different…
