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Total 33 results found. Search for [ reverse repo rate emi ]

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BusinessToday.In
August 6, 2020
India Stock Market Highlights Today: ONGC, followed by Tech Mahindra, TCS, HCL Tech, NTPC, Infosys and HDFC duo were among the top gainers today, while Maruti, Axis Bank, Bharti Airtel, M&M and Reliance Industries were among the laggards.


BusinessToday.In
July 23, 2020
The mortgage lender said that there will be a rate of interest of 6.90 per cent for a borrower seeking loans up to Rs 50 lakh and having a CIBIL score of 700 and above.


Aprajita Sharma
June 25, 2020
In a weak demand and oversupply scenario, the prices have indeed come down, especially in metro cities; but waiting for further decline might prove counterproductive


BusinessToday.In
New Delhi, May 27, 2020
The extension of moratorium and deferment of EMIs would give some respite to the borrowers amid coronavirus outbreak, says SBI


BusinessToday.In
New Delhi, May 22, 2020
RBI governor Shaktikanta Das has reduced the repo rate by 40 basis points to 4 per cent - the lowest ever. The repo rate had already hit its lowest at 4.4 per cent in March when the RBI had reduced the rate by 75 basis points. Before this, it had hit the lowest point of 4.75 per cent in April 2009. Further, the central bank has extended the moratorium period on term and credit card loans by another three months until August 31. Watch as Rajeev Dubey, Editor, Business Today, explains the effects of these measures on Indian companies.Coronavirus impact: What the future holds for battered restaurant industry


E Kumar Sharma
New Delhi, May 22, 2020
Even if there is a welcome extension of the moratorium on interest repayment, it has to be repaid as it is a loan and not a grant or an interest free loan


BusinessToday.In
New Delhi, May 22, 2020
Reserve Bank of India (RBI) Governor Shaktikanta Das on Friday announced that the central bank had decided to reduce the repo rate by 40 basis points from 4.4 per cent to 4 per cent. Das said that the RBI had also decided to reduce the reverse repo rate to 3.35 per cent. He said that the decision to cut the repo rate by 40 basis points was taken after a 5:1 vote among the six-member monetary policy committee, adding that the RBI had maintained an accommodative stance and it would keep supporting the economy till required. Watch the video for more.Also Read: Banking stocks top losers post RBI rate cut to support weak economy


BusinessToday.In
New Delhi, May 22, 2020
The loan moratorium has now been extended till August 31 for 6 months


Anand Adhikari
New Delhi, April 28, 2020
Coronavirus lockdown has created multiple landmines in the financial services sector. This is how banks and NBFCs are preparing for life post-coronavirus


Aprajita Sharma
March 27, 2020
The EMI holiday will not only give a big relief to salaried employees of struggling companies, fearing a delay in the salary, pay cuts and even job loss but also self-employed individuals staring at income loss


BusinessToday.In
New Delhi, March 27, 2020
SBI Chairman Rajnish Kumar said that the bazooka of conventional cash reserve ratio (CRR) cut by 100 bps and unconventional liquidity measure of incentivising banks will lift the spirit of financial market


Anand Adhikari
March 27, 2020
RBI's list of announcements included a repo rate cut of 75 basis points, Rs 3.74 lakh crore liquidity boost, and deferment of loan instalments for 3 months, among other things


Manoj Sharma
New Delhi, March 27, 2020
RBI on Friday key cut interest rate by steepest -- 75basis points to 4.4 per cent -- in more than 15 years as it joined the Modigovernment efforts to tackle coronavirus impact


BusinessToday.In
March 27, 2020
Prime Minister Narendra Modi said, 'RBI's announcements will improve liquidity, reduce cost of funds, help middle class and businesses'


Manoj Sharma
New Delhi, March 27, 2020
With the RBI giving a green signal to defer loan repayment for three months, the ball is in the banks' court to pass on the benefit to people, many of whom have been affected to due job loss and salary cuts in wake of COVID-19 crisis


BusinessToday.In
New Delhi, March 27, 2020
RBI Governor Shaktikanta Das Press Meet: Reverse repo rate decreased by 90 basis point to make it unattractive for banks to park money with RBI: RBI Governor


BusinessToday.In
New Delhi, March 27, 2020
Coronavirus Crisis Live Updates: Trump said that US has \"purchased many Ventilators from some wonderful companies. Names and numbers will be announced later today!\"


BusinessToday.In
New Delhi, April 4, 2019
The RBI has cut GDP growth projection for 2019-20 to 7.2% versus 7.4% forecasted in February policy meet; retail inflation lowered to 2.4% for the fourth quarter of 2018-19, which was pegged at 2.8% in the last policy meet


BusinessToday.In
New Delhi, August 1, 2018
The reverse repo rate adjusted to 6.25 per cent, and the marginal standing facility rate and the bank rate to 6.75 per cent.


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.


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