The Reserve Bank of India (RBI) reduced its key repo rate on Friday for the first time since May 2020, aiming to provide ...
The central bank has announced a reduction in the repo rate by 25 basis points for the first time in nearly five years.
EMIs on home and vehicle loans will come down, making it easier for individuals to repay their debts. A lower repo rate makes ...
Reserve Bank of India cuts key interest rate for the first time in 5 years, leading to lower home, auto and other loan rates.
In line with market expectations, the Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) reduced the repo rate by 25 basis points (bps) to 6.25 per cent. This marks the first rate cut since ...
The Reserve Bank of India cut its key repo rate by 25 basis points to 6.25%, the first cut in nearly five years. This ...
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 ...
Following the Monetary Policy Committee (MPC) meeting, the Reserve Bank of India cut the repo rate; Last reduction in rate ...
Home, auto, and other loans are likely to see a drop in interest rates after the Reserve Bank of India cut the key benchmark ...
There are expectations that the central bank’s MPC will decide on cutting the key rates for the first time in 5 years by 25 ...
The RBI highlighted that Policy needs to support growth while the RBI maintains a Neutral stance to remain adequately ...
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.