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BusinessToday.In
June 7, 2018
Midcap and Small cap indexes which saw a rout during the last five months rose 1.40% and 1.96%, respectively. Banking stocks took the market higher with the BSE bankex rising 203 points or 0.69% to 29,663.  The index was the top gainer among 19 sectoral indices.


BusinessToday.In
June 7, 2018
Top gainers on the BSE bankex were Axis Bank, ICICI Bank, Federal Bank and Kotak Mahindra Bank. All 10 bankex stocks were trading in the green.


BusinessToday.In
New Delhi, June 7, 2018
RBI monetary policy: MPC hikes repo rate by 25 basis points to 6.25%, keeps stance neutralThe monetary policy committee of the Reserve Bank of India (RBI) on Wednesday decided to hike the repo rate by 25 basis points to 6.25 per cent while maintaining a neutral stance. All the members of RBI's MPC voted in favour of a rate hike. The verdict of six-member MPC, headed by RBI Governor Urjit Patel, came after three days of deliberations instead of the usual two days. This is the first...


BusinessToday.In
June 7, 2018
Banking stocks took the market higher with the BSE bankex rising 225 points or 0.77% to 29,685 in early trade.  The index was the top gainer among 19 sectoral indices.


Mail Today Bureau
June 7, 2018
The RBI on Wednesday raised its key policy rate for the first time in over four years to rein in inflation, a move which will translate into higher EMIs for home and car loans and make it costlier for business enterprises to borrow for increased investment.


PTI
June 6, 2018



BusinessToday.in
New Delhi, June 6, 2018
BusinessToday.In Editor Rajeev Dubey talks about how the repo rate is going to affect companies, people and economy after the Reserve Bank of India hiked the repo rate by 25 basis points to 6.25 per cent while maintaining a neutral stance. The increase in repo rate comes as bad news for those who have borrowed from banks because it is likely to lead to an increase in the interest they pay on loans, be it home loan, car loan or personal loan.


BusinessToday.in
New Delhi, June 6, 2018
The monetary policy committee of the Reserve Bank of India (RBI) decided to hike the repo rate by 25 basis points to 6.25 per cent while maintaining a neutral stance. All the members of RBI's MPC voted in favour of a rate hike. Watch BusinessToday.In Editor Rajeev Dubey talk about how the repo rate is going to affect companies, people and economy.


PTI
June 6, 2018
The Sensex, which opened at 34,932, fell after RBI's policy announcement but soon recovered to touch the day's high of 35,230.


PTI
June 6, 2018



BusinessToday.In
June 6, 2018
The Reserve Bank of India's Monetary Policy Committee (MPC) today hiked the key repo rate by 25 basis points (bps) to 6.25 per cent. This means all bank loans are now likely to become more expensive.


PTI
June 6, 2018



BusinessToday.In
June 6, 2018
The monetary policy committee of the Reserve Bank of India (RBI) on Wednesday decided to hike the key repo rate by 25 basis points to 6.25 per cent while maintaining a neutral stance.


BusinessToday.In
June 6, 2018
The deliberations of the Reserve Bank of India's Monetary Policy Committee (MPC) will end today and the verdict is eagerly awaited. This is the first time that the six-member MPC, headed by RBI Governor Urjit Patel, is meeting for three days instead of the usual two since it was constituted in June 2016.


PTI
June 5, 2018



Reuters
June 5, 2018
The anticipated increase could put a dent in growth, which has recovered after blows from the November 2016 demonetisation and the bumpy July 2017 launch of a national goods and services tax. India reported stellar 7.7 annual per cent growth for the quarter ended March 31.


BusinessToday.In
New Delhi, June 4, 2018
The MPC (Monetary Policy Committee) of RBI is holding a meeting to decide its policy on key rates. Instead of the usual two day affair, this time the MPC headed by the RBI governor Urijit Patel is meeting for three days (June 4-6).


BusinessToday.In
New Delhi, June 5, 2018
As per the RBI Act, the central bank should have four deputy governors - two from within the ranks and one commercial banker and an economist to head the monetary policy department. Other serving Deputy Governors are Viral V Acharya, NS Vishwanathan and BP Kanungo.


PTI
June 4, 2018



BusinessToday.In
New Delhi, June 4, 2018
RBI panel to decide on policy rates in 3-day MPC meet starting todayRising inflation and high crude oil prices will weigh on the minds of the six Monetary Policy Committee (MPC) members at their three-day meeting beginning here today to decide the key policy rate. The seven-quarter high growth rate of 7.7 per cent in January-March 2018 and forecast of a normal monsoon has reduced the clamour for a cut in the benchmark lending rate (repo) by the Reserve Bank of India (RBI). Retail ...


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