RBI Cuts Key Lending Rate By 25 Basis Points To 6.25 Per Cent, First Reduction Since May 2020
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 announced this morning (7 February) by RBI Governor Sanjay Malhotra in his first key address since assuming the role in December.
How to Calculate the Repo Rate? The interest rates that commercial banks pay to the RBI or get when they put money in the RBI must be agreed upon and standardised. The repo rate is key to ...
Reserve Bank of India on Friday cut the repo rate by 25 basis points, ending the longest pause in the history of the monetary ...
RBI Cuts Repo Rate for the First Time in Five Years Reserve Bank of Indias Monetary Policy Committee decided to reduce the ...
Why the RBI’s Monetary Policy Committee (MPC) decision to reduce the Repo rate is relevant to the UPSC exam? What is the ...
The government is meticulously watching banks to ensure the transmission of the recent RBI rate cut to borrowers, as ...
Repo rate cut leads to cheaper loans and increased money supply, benefiting common people with lower interest rates. Details ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback