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 ...
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 ...
The RBI repo rate is a crucial factor in determining loan rates, including those for home loans. A dip in the repo rate by ...
Get the latest updates on the RBI Monetary Policy Meeting 2025, where the Reserve Bank of India has announced a historic repo ...
This is the first time after 2020 that the RBI has cut its interest rates. The central bank had gone for repo rate hikes following the Covid-19 pandemic but kept it unchanged at 6.5% in its last ...
Investors should note the recent 25 basis points rate cut by the RBI signals a departure from the high-interest rate ...
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 ...
RBI MPC Meeting ... As of right now, the repo rate was 6.5%. The action was taken just one week after the Center lowered personal income taxes in an effort to increase spending.
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 ...