2 days ago · RBI MPC Meeting Repo Rate: The RBI's Monetary Policy Committee, led by new Governor Sanjay Malhotra, cut the repo rate by 25 basis points to 6.25%, maintaining a neutral stance. This change follows eleven meetings with an unchanged rate. Additionally, the Cash Reserve Ratio was reduced to 4% in December to boost liquidity. The RBI projects 7.2% GDP growth for 2024-25.

2 days ago · RBI MPC Meeting February 2025: The Reserve Bank of India’s (RBI) six-member Monetary Policy Committee (MPC) Friday cut the repo rate — the rate at which the RBI lends to other banks — by 25 basis points to 6.25 per cent. This is the first rate cut initiated by the RBI in five years, the last one being in May 2020. The repo rate, till now, stood at 6.5 per cent.

2 days ago · RBI Monetary Policy Meeting February 2025 Live Updates: The Reserve Bank of India (RBI) on Friday reduced the repo rate by 25 basis points to 6.25%, marking the first rate cut in nearly five years. This is the first reduction since May 2020, during the Covid pandemic. Between May 2020 and April 2022, the RBI kept the repo rate steady at 4%.

1 day ago · RBI Repo Rate Cut by 25 bps Explained: After holding the repo rate at 6.50 per cent for two years, the Reserve Bank of India’s (RBI) six-member Monetary Policy Committee (MPC) reduced the key policy rate by 25 basis points (bps) to 6.25 per cent on Friday (February 7).This marks the first repo rate cut in nearly five years and will likely lead to a fall in interest rates and equated monthly ...

2 days ago · The RBI increased the repo rate by 250 basis points from May 2022 to February 2023. Since April 2023, the repo rate has been steady at 6.5 percent, in order to keep a check on the inflation rate ...

1 day ago · The Reserve Bank of India rate setting monetary policy committee (MPC) unanimously voted for a 25 basis points cut in the benchmark repo rate to 6.25%, in line with the market expectations. This is the first reduction in the repo rate since the extraordinary Covid induced rate cuts in 2020.

2 days ago · RBI MPC Meeting 2025 Highlights: Repo rate cut by 25 basis points to 6.25%, says RBI governor Sanjay Malhotra; GDP growth projected at 6.7% - loan EMIs likely to come down

1 day ago · 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 grow at its slowest ...

1 day ago · The announcement was made by Sanjay Malhotra, in his first key address after being appointed as the RBI Governor in December last year. That said, the following are the six key announcements from the MPC meeting: REPO RATE CUT. The central bank has announced a cut in the repo cut by 25 basis points to 6.25% from 6.5%.

Jan 24, 2025 · Data on forward premia are sourced from FBIL with effect from October 13, 2023. Figures in parentheses include the impact of merger of a non-bank with a bank.