The Monetary Policy Committee (MPC) has decided to cut the benchmark repurchase rate (repo rate) by 25 basis points to 6.25%.
The latest decision brings the repo rate from 6.50 per cent to 6.25 per cent. Sanjay Malhotra, the newly appointed RBI ...
The RBI repo rate is a crucial factor in determining loan rates, including those for home loans. A dip in the repo rate by ...
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 ...
During its December 2024 meeting, the RBI kept repo rate unchanged at 6.5 per cent for the 11th consecutive time due to ...
Whereas, if the RBI raises the repo rate, the banks may increase the interest rate on personal loans, which will make EMIs expensive. However, please note that only a personal variable interest ...
Get the latest updates on the RBI Monetary Policy Meeting 2025, where the Reserve Bank of India has announced a historic repo ...
Image Source : PIXABAY Home, auto and other loans are likely to see a drop in interest rates. FD Rates after RBI repo ... When the repo rate is high, borrowing costs for banks increase, which ...
Since then, the repo rate steadily increased until December 2022. Since then there were seven consecutive hikes bringing it to 6.5% until Feb. 2023. The RBI’s 25 bps cut marks a shift from the ...
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 ...