RBI to conduct OMOs in SDLs worth Rs 10,000 cr

The Reserve Bank of India (RBI) on Friday announced the purchase of state development loans worth Rs 10,000 crore under open market operations. The auction will be conducted on October 22. The RBI, in a statement, said that it has been decided to conduct a purchase auction of SDLs under...

Ten important things of RBI announcement

New Delhi: The Reserve Bank's 6-member committee today announced the repo rate. For the second time in a row, there has been no change in interest rates. The Monetary Policy Committee has maintained the repo rate at 4 percent. With this announcement, the EMI of your loan will not be...

Repo rate remains at 4%, RBI interest rates unchanged

New Delhi: The Reserve Bank's Monetary Policy Committee has not changed the interest rates. The 6-member Monetary Policy Committee headed by Reserve Bank of India Governor Shaktikanta Das has decided not to change the interest rates. Repo rate remains at 4%. The MPC has unanimously decided this. The reverse repo...

RBI postponed MPC meeting

Mumbai: The Reserve Bank of India (RBI) on Monday said that it has decided to postpone the meeting of the Monetary Policy Committee (MPC) to be held this week and new dates will be announced soon. The central bank, however, did not give any reason for postponing the meeting. RBI's...