The Reserve Bank of India (RBI) has reduced its key repo rate for the first time in nearly five years. The decision to cut the rate by 25 basis points, from 6.5 per cent to 6.25 per cent, was ...
The Reserve Bank's tough decision of a 25-basis points rate cut tilts towards stimulating consumption over currency stability ...
Repo rate cut leads to cheaper loans and increased money supply, benefiting common people with lower interest rates. Details ...