By cutting rates, the RBI sends a message that it is ready to support growth, confident that the worst of inflation is over.

Repo rate-linked loan EMIs will be reduced immediately, within about a month, but MCLR-linked loans could take at least two ...

India’s central bank cut interest rates Friday for the first time in nearly five years, as concerns over a growth slowdown in ...

The RBI decided to stick to its “neutral” stance, acknowledging that the global atmosphere remains uncertain due to evolving ...

The cut in the key policy rate — the first in nearly five years — will provide relief to home, vehicle, and other consumer ...

Experts are optimistic that the 25 bps cut—the first in nearly five years—will make borrowing cheaper and spur the demand for consumer durables, automobiles and homes ...

The RBI Governor Sanjay Malhotra delivered the first interest rate cut in nearly five years. The RBI MPC reduced the repo ...

The Reserve Bank of India (RBI) cut its key repo rate for the first time in nearly five years yesterday and signalled a less restrictive policy approach ahead, as it seeks ...

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 ...

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 ...