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Industry News - October 2024

Industry News Content

RBI Holds Repo Rate Steady for 10th Time; Home Loan Rates Likely Unchanged 16 October, 2024
RBI Holds Repo Rate Steady for 10th Time; Home Loan Rates Likely Unchanged 16 October, 2024

For the tenth consecutive time, the Reserve Bank of India (RBI) has kept the repo rate steady at 6.50%, as decided by a 5:1 vote in the latest Monetary Policy Committee (MPC) meeting on October 9, 202...

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Understanding Repo Rate: Impact on Loans and Economy Explained 15 October, 2024
Understanding Repo Rate: Impact on Loans and Economy Explained 15 October, 2024

In its October 9, 2024 meeting, the RBI’s Monetary Policy Committee (MPC) decided to keep the repo rate steady at 6.50 percent for the tenth time in a row. This decision offers relief to home lo...

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