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RBI cuts repo rate by 25 bps
India's Central Bank Cuts Repo Rate for First Time in Nearly 5 Years
(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 grow at its slowest pace in four years during the current fiscal year.
RBI MPC cuts Repo Rate first time in 5 years by 25 basis points, here's why
The Reserve Bank of India's rate-setting panel on Friday pegged India’s FY26 GDP growth at about 6.7%, Governor Sanjay Malhotra announced. In the previous meeting in December, the then RBI Governor Shaktikanta Das had pegged India's growth for this fiscal year at 6.
RBI repo rate cut: Will your home loan EMIs go down
The repo rate influences interest rates on loans, including home loans. When the RBI lowers the repo rate, banks typically reduce their lending rates, making home loans cheaper.
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RBI cuts repo rate by 25 bps to 6.25% in first policy review under Governor Sanjay Malhotra
In his first Monetary Policy announcement on Friday, Reserve Bank of India (RBI) Governor Sanjay Malhotra stated that the ...
2h
VIEW India's central bank cuts repo rate for first time in nearly 5 years
The Reserve Bank of India (RBI) reduced its key repo rate on Friday for the first time since May 2020, aiming to provide ...
1h
RBI repo rate cut: Bajaj Finance, Maruti Suzuki, ICICI Bank... Top 11 stocks to bet on post the cut
A recent poll of economists, bank treasury heads, and market experts by Moneycontrol also showed that majority expect the RBI ...
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