RBI policy announcement today live updates: The six-member Monetary Policy Committee (MPC) headed by Reserve Bank of India (RBI) Governor Shaktikanta Das hiked the repo rate by 50 bps to 4.90 per cent

When the repo rate rises, the repo rate-linked lending rate (RLLR) also goes up, leading to an increase in the home loan interest rate for the borrower

However, instead of increasing the EMI, in most cases, the tenure of the loan is increased by banks.  the current SLR rate in India 18%

However, instead of increasing the EMI, in most cases, the tenure of the loan is increased by banks.  the current SLR rate in India 18%

HSBC's current U.S. dollar best lending rate: 3.25% (for reference only). – 5 May 2022. 3.25% – 17 Mar 2022. 2.75% – 16 Mar 2020. 2.50% – 4 Mar 2020. 3.50% – 31 Oct 2019. 4.00%

The Reserve Bank of India, chiefly known as RBI, is India's central bank and regulatory body responsible for regulation of the Indian banking system

It is under the ownership of Ministry of Finance, Government of India. It is responsible for the issue and supply of the Indian rupee

Governor: Shaktikanta Das Reserves: ₹4,669,426 crore (US$610 billion) Headquarters: Mumbai, India Currency: Indian rupee (₹) Founder: British Raj Founded: 1 April 1935, Kolkata Jurisdiction: India

Candidates can apply for RBI Exam either on the prescribed Application form OFF-LINE or submit the application ON-LINE followed up by sending a printout of the ONLINE application to the RBI  office.

Which bank is government bank?  SBI Bank, Punjab National Bank, BOB Bank, CBI, Canara Bank, Union Bank , Indian Overseas Bank, Punjab and Sind Bank, Indian Bank, UCO Bank, and Bank of Maharashtra