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 ...
After nearly five years, the Reserve Bank of India (RBI) cut the benchmark repo ... rate cuts are positive for the NBFC and banking sectors. However, we have to see what the FII trend would ...
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 ...
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 announcement did not disappoint—RBI has cut the repo rate from 6.5% to 6.25%. Macro focus This marks the first rate action by the RBI’s Monetary Policy Committee (MPC) in two years ...
Considering the structural trend ... rate normalization cycle that saw 250 bp hike in the policy repo rate to 6.5 per cent. While many have been advocating rate easing cycle for several quarters ...
The RBI MPC retained its inflation forecast for FY25 at 4.8 per cent. (Image/PTI) The Reserve Bank of India has cut Policy repo rates by 25 bps ... Inflation is likely to trend below 4% by Q3 ...
Automobile industry on Friday has welcomed the Reserve Bank of India’s rate cut by 25 bps ... also said that 25 bps reduction in the repo rate to 6.25 per cent, is a welcome move that will ...
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 ...
Policy easing to lower borrowing costs, boost credit growth, and support economic expansion In a significant policy shift, the Reserve Bank of India (RBI) cut the repo rate by 25 basis points to 6 ...
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 ...
The Reserve Bank of India (RBI) has reduced its key repo rate for the first time in nearly five years to boost the economy. The RBI Monetary Policy Committee (MPC) has unanimously decided to cut ...
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