A higher repo rate raises FD interest rates, attracting deposits, while a lower rate reduces FD returns by making borrowing cheaper. The RBI had last cut the repo rate by 40 basis points to 4% in ...
The RBI MPC, which met for the first time under the new central bank governor Sanjay Malhotra, on February 7 cut the repo rate by 25 basis point to 6.25 percent to give a boost to a slowing economy.
The decision of the Reserve Bank of India (RBI) to cut the repo rate by 25 basis points could be a much-needed relief for the consumers who have been grappling with the pressure of inflation and ...
We maintain our call for another 25bp cut in April and expect the end-2025 repo rate to ease to 5.75 per cent.”Dipanwita Mazumdar, Economist, Bank of Baroda, “The RBI is expected to start a ...
(Image/PTI) The Reserve Bank of India has cut Policy repo rates by 25 bps to 6.25%. The CRR rate is currently unchanged at 4%. In rate action is inline with market expectation and RBI highlighted ...
FD Rates after RBI repo rate cut: Reserve Bank of India Governor Sanjay Malhotra today announced a cut in the key benchmark rate. The Monetary Policy Committee (MPC), headed by Malhotra ...
The Reserve Bank of India cut the repo rate by 25 basis points to 6.25 per cent on Friday — the first rate cut in nearly five years. The RBI last cut the repo in May 2020, trimming it by 40 basis ...