RBI MPC meet: Central Bank cuts repo rate by 25 basis points to 6.25%
The Reserve Bank of India’s monetary policy committee (MPC) today unanimously slashed the repo rate by 25 basis points to 6.25% after keeping the key policy rate unchanged for six consecutive times. The MPC also decided unanimously to continue with the 'neutral' policy stance.
VIEW India's central bank cuts repo rate for first time in nearly 5 years
The Reserve Bank of India (RBI) reduced its key repo rate on Friday for the first time since May 2020, aiming to provide stimulus to the sluggish economy, which is projected to grow at its slowest pace in four years during the current fiscal year.
RBI governor Sanjay Malhotra announed that the Reserve Bank of India’s (RBI’s) Monetary Policy Committee (MPC) has decided ...
The repo rate cut is expected to lower interest rates on loans, particularly benefiting homebuyers and other borrowers.
19m
The repo rate cut, combined with the benefits from the revised tax slabs announced in the Union Budget 2025 for the new tax ...
The move to cut the repo rate comes a week after Budget 2025 proposed making normal income up to Rs 12 lakh tax-free ...
The repo rate, set by the RBI, influences borrowing costs for banks. A higher repo rate raises FD interest rates, attracting ...
While new borrowers can expect banks to revise their rates soon, existing borrowers will typically see the benefit at their ...
The Governor noted that some banks are hesitant to lend in the uncollateralised call money market, choosing instead to park ...
T he Reserve Bank of India (RBI) on Friday announced a 25 basis points (bps) cut in the policy repo rate, with the Monetary ...
RBI Governor Sanjay Malhotra, who is chairing his first Monetary Policy Committee (MPCC) meeting announced the decision of ...
Please follow this space for all the breaking news and latest updates from the stock market, economy, and corporate world ...
Results that may be inaccessible to you are currently showing.
Hide inaccessible results
Feedback