In line with market expectations, the Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) reduced the repo rate by ...
Reserve Bank of India cuts key interest rate for the first time in 5 years, leading to lower home, auto and other loan rates.
After cutting the cash reserve ratio (CRR) by 50 bps from 4.5% of NDTL, to 4.0% of NDTL in the December 2024 policy, the RBI ...
The central bank has announced a reduction in the repo rate by 25 basis points for the first time in nearly five years.
Home, auto, and other loans are likely to see a drop in interest rates after the Reserve Bank of India cut the key benchmark ...
On February 7, the RBI's rate-setting panel slashed the repo rate by 25 basis points to 6.25% and kept the policy stance as ...
Why the RBI’s Monetary Policy Committee (MPC) decision to reduce the Repo rate is relevant to the UPSC exam? What is the ...
The RBI Governor Sanjay Malhotra delivered the first interest rate cut in nearly five years. The RBI MPC reduced the repo rate cut to 6.25% from 6.50%.
The repo rate (repurchase rate) is the interest rate at which the central bank lends money to commercial banks when there is a shortage of funds.
Recently, the Reserve Bank of India has cut the repo rate to 6.50 per cent after leaving it unchanged for 11 consecutive ...
The Reserve Bank of India seeks to boost the sluggish economy and sees inflation easing towards its 4% target.
With the recent 25 bps reduction in the repo rate, banks are expected to lower home loan rates for both new and existing ...