The Reserve Bank has cut the repo rate to ... until Feb. 2023. The RBI’s 25 bps cut marks a shift from the high-interest rate regime that prevailed for the last four years.
A recent poll of economists, bank treasury heads, and market experts by Moneycontrol also showed that majority expect the RBI ...
At the press conference after the monetary policy announcement, a clearly worried RBI governor said that the pervasive ...
The current account deficit came in lower than expected at 1 ... years. The stance of the policy was retained as “Neutral.” Here are the key takeaways from the MPC statement. RBI cut repo ...
The Reserve bank of India (RBI), in all likelihood, is set to cut the repo rate by 25 basis points for the first time in almost five years, aligning with the Budget's objectives of stimulating ...
Mumbai: Reserve Bank of India on Friday cut the repo rate by 25 basis points ... global risks slowing growth. The rate cut, the first in nearly five years, will immediately lower borrowing ...
In its Feb. 1 budget ... repo rate to remain at 6.50%, where it has sat for nearly two years, mostly because of above-target inflation. While poll medians reflected expectations that the RBI ...
RBI Monetary Policy: In line with market expectations, the Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) cut the repo rate by 25 basis points (bps) to 6.25 per cent, marking the ...
In December 2024, the RBI revised its GDP growth forecast for the current fiscal year down to 6.6% from an earlier 7.2%. The central bank has kept the repo rate steady at 6.5% since April 2023 ...
RBI Monetary ... 1. The RBI's MPC decided to reduce the benchmark repo rate by 25 basis points (bps) to 6.25% from 6.5%. This was the first reduction in repo rate in nearly five years.