The latest decision brings the repo rate from 6.50 per cent to 6.25 per cent. Sanjay Malhotra, the newly appointed RBI ...

Mumbai: Given the global uncertainty due to US tariff hike concerns ... the six-member Monetary Policy Committee (MPC) of the RBI cut the repo rate by 25 basis points to 6.25 per cent.

The Reserve Bank of India (RBI) had last reduced the repo rate by 40 basis points to ... But in May 2022 the central bank started a rate hike cycle in view of the Russia-Ukraine war and paused ...

Feb 7 (Reuters) - The Reserve Bank of India (RBI) reduced its key repo rate on Friday for the first time since May 2020, aiming to provide stimulus to the sluggish economy, which is projected to ...

The Reserve Bank of India (RBI) said the benchmark repo rate, the level at which it lends to commercial banks, would be reduced by 25 basis points to 6.25 percent. For all latest news, follow The ...

The last rate hike was done by RBI in February 2023. Post Budget, the Finance Ministry made a case for rate cut by saying that fiscal and monetary policy should work in tandem. It was an indication ...

(MENAFN- IANS) New Delhi, Feb 5 (IANS) 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 ...

Newly appointed RBI governor ... the policy rate under the liquidity adjustment facility (LAF) by 25 basis points to 6.25 per cent. This is the first adjustment in the repo rate after remaining ...

With the Reserve Bank of India (RBI) slashing the repo rate by 25 basis points to 6.25 per cent, interest rates on fresh loans are likely to decline. Notably, today's repo rate cut was the first ...

Over 70% of respondents, 45 of 62, in a Jan. 22-30 poll, forecast the RBI would cut its key repo rate by 25 basis points to 6.25% at the conclusion of its Feb. 5-7 meeting, the first chaired by ...