BREAKING: RBI cuts repo rate by 25 basis points to 6.25%
T he Reserve Bank of India (RBI) on Friday announced a 25 basis points (bps) cut in the policy repo rate, with the Monetary Policy Committee (MPC) voting unanimously in favour of the decision. The MPC also decided to maintain a ‘neutral’ stance while reiterating its commitment to bringing inflation within the target range on a durable basis.
RBI governor Sanjay Malhotra announed that the Reserve Bank of India’s (RBI’s) Monetary Policy Committee (MPC) has decided ...
The repo rate, set by the RBI, influences borrowing costs for banks. A higher repo rate raises FD interest rates, attracting ...
27m
The repo rate cut, combined with the benefits from the revised tax slabs announced in the Union Budget 2025 for the new tax ...
The move to cut the repo rate comes a week after Budget 2025 proposed making normal income up to Rs 12 lakh tax-free ...
While new borrowers can expect banks to revise their rates soon, existing borrowers will typically see the benefit at their ...
The Governor noted that some banks are hesitant to lend in the uncollateralised call money market, choosing instead to park ...
RBI Governor Sanjay Malhotra, who is chairing his first Monetary Policy Committee (MPCC) meeting announced the decision of ...
Sectors like consumer durables, including companies such as Voltas and Havells, are expected to gain as financing costs drop, ...
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