RBI Monetary Policy HIGHLIGHTS: Repo rate cut to 9-year low as demand slowdown, liquidity woes weigh

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Saddled with high inflation,RBI had refrained itself from lowering rate in its last policy review on June 18 despite moderation in economic activity and the growth rate falling to 9-year low of 6.5 per cent in 2011-12. RBI advised the government to take immediate steps to control fertiliser and fuel subsidies and keep them under 2 per cent of GDP.

RBI monetary policy june 2019: The six-member RBI’s monetary policy committee (MPC) led by governor Shaktikanta Das cut the repo rate to 9-year low as demand slowdown, liquidity crunch weighed.

RBI Monetary Policy HIGHLIGHTS: The Reserve Bank of India has cut the repo rate by 25 basis points in its sixth bi-monthly monetary policy statement for 2018-19.

RBI Monetary Policy eased further: Repo rate cut to lowest in nine years as slow economic growth hurts RBI Monetary Policy LIVE: Repo rate cut to 9-year low as demand slowdown, liquidity woes weigh on.

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OBC slashes one-year MCLR by 5 basis points to 8.70% – Times of India State Bank of India SBI Home loan interest rate 2019 SBI home loan interest rate 2019: The State Bank of India has cut the interest rate on Home Loan up to Rs 30 lakh. zee business TV reports that the rate has been cut by 0.05%. Earlier in the day, the largest commercial bank of the country had said it would soon announce home loan rate cut after the RBI decreased repo rate by 0.25 per cent basis point in its monetary policy meeting, which ended.India Business News: Oriental Bank of Commerce on Tuesday said it has cut marginal cost based lending rate for one-year tenor loan by 5.

The endeavor will be to keep term repo cut-offs close to policy rate via active liquidity management. However, given that liquidity conditions keep evolving, it is reasonable to assume that the weighted average overnight rate may persist 10 – 15 bps higher than the repo rate; at least till liquidity deficits of the current order persist.

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RBI Monetary Policy eased further: Repo rate cut to lowest in nine years as slow economic growth hurts RBI Monetary Policy LIVE: Repo rate cut to 9-year low as demand slowdown, liquidity woes weigh on.

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