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Repo Rate Increase 0.5 Per cent by RBI

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Repo Rate Increase 0.5 Per cent by RBI. RBI is raising the repo rate under the Liquidity Adjustment Facility (LAF) by 25 basis points from 4.75 per cent to 5.0 per cent with immediate effect and will also be raising the reverse repo rate under the LAF by 25 basis points from 3.25 per cent to 3.5 per cent with immediate effect.

Realty stocks plunge on RBI rate hike. Stocks of realty firms slipped as much as 4 per cent on the Bombay Stock Exchange (BSE) after the Reserve Bank hiked key interest rates to tame inflationary concerns, a move that could make home loans dearer. via Advertisements

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