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RBI Raises Share-Pledge Loan Limit to ₹1 Crore, Retains Repo Rate
The Indian central bank has increased the maximum loan one can obtain using shares as collateral from ₹20 lakh to ₹1 crore, a move aimed at improving liquidity for market participants. At the same time, the RBI opted to maintain the repo rate at 5.5%, signaling steady monetary settings amid evolving macro pressures. The expanded pledge limit should help borrowers with margin financing and IPO participation.
Tags:
- RBI
- share pledge
M• By Sneha Pathak
Explore:Mutual Fund Screening
neutral
RBI Raises Share-Pledge Loan Limit to ₹1 Crore, Retains Repo Rate
The Indian central bank has increased the maximum loan one can obtain using shares as collateral from ₹20 lakh to ₹1 crore, a move aimed at improving liquidity for market participants. At the same time, the RBI opted to maintain the repo rate at 5.5%, signaling steady monetary settings amid evolving macro pressures. The expanded pledge limit should help borrowers with margin financing and IPO participation.
Tags:
- RBI
- share pledge
M• By Sneha Pathak
Explore:Mutual Fund Screening
1 min read
66 words
RBI boosts share-pledge loan ceiling to ₹1 crore, holds repo rate steady at 5.5%.
The Indian central bank has increased the maximum loan one can obtain using shares as collateral from ₹20 lakh to ₹1 crore, a move aimed at improving liquidity for market participants. At the same time, the RBI opted to maintain the repo rate at 5.5%, signaling steady monetary settings amid evolving macro pressures. The expanded pledge limit should help borrowers with margin financing and IPO participation.
The Indian central bank has increased the maximum loan one can obtain using shares as collateral from ₹20 lakh to ₹1 crore, a move aimed at improving liquidity for market participants. At the same time, the RBI opted to maintain the repo rate at 5.5%, signaling steady monetary settings amid evolving macro pressures. The expanded pledge limit should help borrowers with margin financing and IPO participation.
Tags:
- RBI
- share pledge
- RBI
- share pledge
- liquidity measures
- interest rates
- India policy