The Reserve Bank of India (RBI) reduced its key repo rate on Friday for the first time since May 2020, aiming to provide ...
RBI has announced a 25-bps rate cut in policy repo rate in its latest Monetary Policy Committee (MPC) meeting. The repo rate has been reduced from 6.5% to 6.25%. The central bank has also maintained ...
The Reserve Bank of India (RBI) cut its key repo rate for the first time in nearly five years on Friday to provide stimulus ...
This is the first meeting of the panel under the leadership of RBI Governor Sanjay Malhotra, who assumed office in December ...
All six members voted unanimously for the rate cut while maintaining a neutral stance. The rate cut comes even as the past ...
The rate cut is expected to bring relief to borrowers, as banks are likely to lower lending rates on home, auto and education ...
A lower repo rate means banks can borrow funds at a lower cost from the central bank and are expected to pass on the lower ...
RBI Governor discusses MPC decisions on liquidity, rupee, inflation, and growth dynamics in post-meeting press conference.
Home, auto and other loans are likely to see a drop in interest rates after the Reserve Bank of India under a new Governor cut the key benchmark rate on Friday for the first time in almost five years ...
Today’s monetary policy reflects a steady state of thinking at RBI. Today’s rate cut continued the MPC pivot to the “neutral” ...
Reserve Bank of India cuts key interest rate for the first time in 5 years, leading to lower home, auto and other loan rates.
The former revenue secretary in the Ministry of Finance, Malhotra is expected to announce the cuts to lower interest rates ...