The repo rate cut is expected to lower interest rates on loans, particularly benefiting homebuyers and other borrowers.

How to Calculate the Repo Rate? The interest rates that commercial banks pay to the RBI or get when they put money in the RBI must be agreed upon and standardised. The repo rate is key to keeping ...

It last hiked the repo rate to 6.5 per cent in February 2023 and since then it has held the rate at the same level. The government has tasked the RBI to ensure consumer price index (CPI ...

RBI MPC reduces the repo rate by 25 bps to 6.25%, marking the first cut in nearly 5 years, aiming to balance liquidity and ...

The Reserve Bank of India (RBI) reduced its key repo rate on Friday for the first time since May 2020, aiming to provide ...

RBI Cuts Repo Rate for the First Time in Five Years Reserve Bank of Indias Monetary Policy Committee decided to reduce the ...

As part of the measures, RBI will also conduct a 56-day variable rate repo auction worth ₹50,000 crore on 7 February Mumbai: Relief arrived for India's parched banking system on Monday as the ...

Over 70% of respondents, 45 of 62, in a Jan. 22-30 poll, forecast the RBI would cut its key repo rate by 25 basis points to 6.25% at the conclusion of its Feb. 5-7 meeting, the first chaired by ...

India’s central bank said on Wednesday it will conduct variable rate repo (VRR ... data from the Reserve Bank of India showed. VRR auctions enable the Reserve Bank of India (RBI) to inject ...

In a first, the Reserve Bank of India (RBI) has announced that it will conduct daily variable rate repo (VRR) auctions on all working days in Mumbai, until further notice. Illustration ...

Over 70% of respondents, 45 of 62, in a Jan. 22-30 poll, forecast the RBI would cut its key repo rate by 25 basis points to 6.25% at the conclusion of its Feb. 5-7 meeting, the first chaired by ...