rbi repo rate

RBI will increase the frequency of reporting of credit score info by lenders to credit score information corporations

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The RBI has determined to extend the frequency of reporting of credit score info by lenders, together with Banks and NBFCs, to Credit score Data Firms (CICs) from month-to-month intervals to fortnightly foundation or shorter intervals. That is aimed toward offering a extra up-to-date image of a borrower’s indebtedness. At current credit score establishments (CIs) … Read more

RBI MPC Assembly 2024 Reside Updates: RBI anticipated to maintain repo charge unchanged at 6.5% on sticky meals inflation

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RBI Financial Coverage, RBI MPC Assembly Reside Updates August 2024: The Reserve Financial institution of India’s Financial Coverage Committee (MPC) is anticipated to maintain the repo charge unchanged at 6.5% in its August 2024 assembly. Inflation breaching the 5% mark in June and protracted strain on the headline charge from elevated meals costs to doubtless … Read more

RBI retains coverage charges unchanged at 6.5%; waits for inflation to fall beneath 4% durably

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As anticipated, the Reserve Financial institution of India’s Financial Coverage Committee (MPC) stood pat on the coverage repo charge amid the chance of elevated meals inflation spilling over to retail inflation and continued momentum in financial exercise. Additionally learn:RBI Financial Coverage 2024 reactions The MPC has been on pause mode for about 16 months now. … Read more

RBI might hold coverage fee unchanged amidst robust progress

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The Reserve Financial institution of India’s Financial Coverage Committee (MPC) is more likely to go away the coverage repo fee unchanged at its upcoming assembly on account of sturdy progress momentum even because it keenly awaits retail inflation to maneuver to the 4 per cent goal on a sturdy foundation. Additionally learn:RBI’s new portal to … Read more