RBI hikes repo rates, home loan EMIs go up

September 20, 2013 11:19

Just in: RBI hikes repo rates by 0.25 per cent to 7.5 per cent.

Presenting his maiden monetary policy review RBI Governor Raghuram Rajan on Friday hiked short-term lending (repo) rate by 0.25 per cent to 7.5 per cent.

RBI has reduced borrowing rate for banks (MSF) by 0.75 per cent to 9.5 per cent. Details awaited.

« Back to LIVE

TOP STORIES

India Is All Set To Shine At Cannes

Never before in history have Cannes and its sidebars found space for eight Indian, or India-themed, films.

Weizmann to move court against Western Union on trademark, logo issue

Mumbai-based Weizmann, part of a diversified group, will take to court its former partner Western Union Holdings, the American money-transfer giant, alleging that the United States-based company has imitated its trademark and logo....

LG can act to remove Kejriwal as CM: SC

The court said it is a matter of propriety but there is no legal right seeking removal of Kejriwal as chief minister following his arrest.

Abdullahs Come Out To Vote

National Conference President Dr Farooq Abdullah, his only son Omar Abdullah and Omar's sons Zamir Abdullah and Zahir Abdullah (both first time voters) cast their votes in Srinagar on Monday, May 13, 2024.

BJP's Madhavi Latha checks ids of Muslim women voters

Madhavi Latha who is the Bharatiya Janata Party's candidate from Hyderabad courted controversy after she was seen in a video clip checking the voter ID cards during her visit to a polling booth.