Retail inflation in India dropped to 3.61% in February due to decreased prices in vegetables and protein-rich items, offering ...
The last time the MPC of the RBI cut rates was in early 2020, when it reduced the repo rate amidst the Covid-19 pandemic that had brought global economic activity to a near standstill. This time a ...
RBI Repo Rate Cut ... "This marks the first rate cut in nearly five years, following a prolonged rate hike cycle triggered by global events. With food inflation moderating and positive Rabi ...
Having commenced the easing cycle by cutting the benchmark repo rate by 25 basis ... accounted for in the RBI’s inflation forecasts, and the downplaying of any increase in core inflation also ...
The Reserve Bank of India (RBI) cut the policy repo rate by 25 basis points last week and set it to 6.25 per cent from its current level of 6.5 per cent. People are now eagerly waiting to see how ...
Policy easing to lower borrowing costs, boost credit growth, and support economic expansion In a significant policy shift, the Reserve Bank of India (RBI) cut the repo rate by 25 basis points to 6 ...
He also announced a policy rate cut of a quarter percentage point. In its first such easing move since the 2020 covid outbreak, RBI’s Monetary Policy Committee (MPC) reset its repo rate to 6.25%.
RBI has reduced the repo rate by 25 basis points, providing relief to home loan borrowers. The repo rate cut could lead to lower interest rates on floating rate home loans. Further cuts this year will ...
The central bank's Monetary Policy Committee (MPC), headed by new RBI Governor Sanjay Malhotra, voted unanimously to slash the repo rate by 25 ... housing demand would increase and help the ...
RBI Governor Sanjay Malhotra has announced that the Monetary Policy Committee (MPC) has decided to cut the benchmark repo rate by 6.5% New Reserve Bank of India (RBI) governor Sanjay Malhotra on ...