RBI governor Sanjay Malhotra announced a 25 basis points cut in the benchmark repo rate to 6.25%, the first reduction in five ...
Auto industry welcomes RBI rate cut, expecting positive impact on sector with increased accessibility and affordability for ...
Reserve Bank of India cuts key interest rate for the first time in 5 years, leading to lower home, auto and other loan rates.
EMIs on home and vehicle loans will come down, making it easier for individuals to repay their debts. A lower repo rate makes ...
The cut in the key benchmark rate by the Reserve Bank of India (RBI) is expected to create a positive sentiment across market ...
The Monetary Policy Committee (MPC) of the Reserve Bank of India on Friday announced a 25 basis points cut in the repo rate, bringing it down to 6.25% from the earlier 6.5%.
The RBI cut the repo rate by 25 basis points to 6.25%, marking its first reduction in five years. The monetary stance remains ...
The RBI's MPC, in a unanimous decision, lowered the repo rate in a bid to stimulate economic activity by making borrowing cheaper, thereby encouraging spending and investment.
The Reserve Bank of India (RBI) reduced its key repo rate on Friday for the first time since May 2020, aiming to provide ...
Conversely, a lower repo rate usually results in lower interest rates on loans such as home loans, car loans, and personal loans ...
RBI Governor Sanjay Malhotra announced a 25-basis point cut in the policy repo rate, aligned with the Union Budget to boost ...
The repo rate (repurchase rate) is the interest rate at which the central bank lends money to commercial banks when there is a shortage of funds.