Tag Archives: reverse repo

RBI hikes key rates repo and reverse repo by 50 bps

July 26, 2011

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It is once again, the key rates are increased by the Reserve Bank of India (RBI). This move gave the shocking wave in the market today (sensex down 350 points). It is unexpected move which was expected by the analysts as probably 25 points or there won’t be any changes. But, RBI has hiked the [...]

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Why interest rates on loans are increased by the banks?

July 6, 2011

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If you are a home buyer in the last couple of years and paying the EMI amount, you would have noticed that the interest rates gone up several times and the EMI burden would have increased. At the time of buying the house, the interest rates are cheap and bought the house with low EMI, [...]

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