Though the RBI cut the Repo rate, the markets were not very enthused as the reduction was on the expected lines and they were hoping for a change in the stance from neutral with more liquidity ...
Stock Market LIVE Updates | Indian stock markets closed lower on Thursday, with the Nifty finishing at 23,603, as global ...
Equity benchmark indices Sensex and Nifty ended in the red on Friday as the Reserve Bank of India’s (RBI's) rate cut failed ...
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Highlights of RBI's monetary policy
Following are the highlights of the bi-monthly monetary policy announced by Governor Sanjay Malhotra on Friday: * Repo rate (short-term lending rate) reduced by 25 bps to 6 ...
As per provisional closing, the barometer index, the S&P BSE Sensex, declined 197.97 points or 0.25% to 77,860.19. The Nifty 50 index lost 43.40 points or 0.18% to 23,559.95.
Assuming the rate kicks in from April 1 after 12 EMIs of this loan have been paid, then one can get per-lakh interest savings of Rs 3002 from the rest of the year.
Highlights: The Reserve Bank of India has cut repo rate by 25 bps to 6.25% for the first time in nearly five years. RBI's ...