Tag: RBI monetary policy

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RBI To Conduct ₹2 Lakh Crore VRRR Auction On April 17 To Manage Surplus Liquidity

The Reserve Bank of India (RBI) on Thursday announced that it will conduct a ₹2 lakh crore seven-day Variable Rate Reverse Repo (VRRR) auction on April 17 to manage surplus liquidity in the banking system. Tap to read more.....

Home Loan EMIs to Drop by Over ₹1,500 as RBI Slashes Repo Rate to 5.5%

Borrowers of long-term home loans can expect significant monthly and yearly savings; real estate sector hails move as a boost to affordability and demand New...