reserve bank of india repo rate - Search News

RBI cuts repo rate to 6.25%, 1st cut in 5 years

Hosted on MSN · 4h

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 stimulus to the sluggish economy, which is projected to grow at its slowest pace in four years during the current fiscal year.

NBC New York · 6h

India cuts policy rate for the first time in nearly five years, new central bank governor Malhotra says

The Reserve Bank of India has cut its key interest rate for the first time in nearly five years, as cooling inflation has offered room to stimulate the slowing economy. The Monetary Policy Committee decided to trim the repo rate by 25 basis points to 6.

Outlook Business · 2h

Affordable vs Luxury: How RBI's Repo Rate Cut Will Impact Indian Housing Market

The rate cut by RBI Governor Sanjay Malhotra will lead to reduced borrowing costs that would encourage credit flow, making home loans more affordable for homebuyers. This will, in turn, boost consumpt

1h

RBI's repo rate cut welcomed by bank leaders, expected to ensure liquidity while monitoring inflation

However, some banks acknowledged the short-term impact on their profitability, with expectations of eventual recovery ...

RBI MPC Meeting Live Updates: Sensex, Nifty 50 end in the rate following a 25 basis point repo rate cut

The former revenue secretary in the Ministry of Finance, Malhotra is expected to announce the cuts to lower interest rates ...

30m

RBI Governor Sanjay Malhotra’s 1st Policy: MPC Cuts Repo Rate By 25 bps, Stance Remains 'Neutral'

Governor Sanjay Malhotra on Friday announced that the central bank has slashed the policy repo rate by 25 basis points from 6 ...

14mon MSN

Global central banks are lowering rates — the Fed might not be as inclined

On Friday, the Reserve Bank of India trimmed its repo rate by 25 basis points. A day prior, the Bank of England lowered ...

31m

RBI's rate cut sets stage for further easing of interest rates in near term: India Inc

India Inc. welcomes RBI's rate cut, anticipating further easing and boosting consumption to support economic growth.

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