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 ...
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 ...
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 ...
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 Reserve Bank's first rate cut in five years will boost power demand in India, increase ... The RBI’s six-member Monetary Policy Committee (MPC) cut the repo rate — the rate at which ...
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 ...
RBI may cut repo rate by 25bps on February 7, 2025, as inflation eases and economic conditions show room for adjustment. Here ...
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 ...
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.
The Reserve Bank of India governor Sanjay Malhotra has cut the repo rate by 25 basis points in his first RBI policy meeting held on Feb 07, 2025. The rate has been changed from 6.5% to 6.25% in ...
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) 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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