The repo rate is the rate at which commercial banks borrow from the RBI. This drop comes after nearly 5 years of house loan ...
RBI Cuts Repo Rate for the First Time in Five Years Reserve Bank of Indias Monetary Policy Committee decided to reduce the ...
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 Reserve Bank of India (RBI) reduced its key repo rate on Friday for the first time since May 2020, aiming to provide ...
The Reserve Bank governor warned that there are many global risks that will prevent the bank from cutting the repo rate again this year. Economic data started coming in during the last week of ...
The repo rate is the interest rate at which the RBI lends money to commercial banks when they need funds. Think of it as a short-term loan that banks take from the RBI. When the repo rate is high, ...
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 ...
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 ...
The firm said while any interest rate reduction would bring relief, the sluggish pace of rate cuts projected for 2025 will simply perpetuate the ongoing challenges that many households face.
South African Reserve Bank Governor Lesetja Kganyago said the bank would lower the repo rate by a quarter-point to 7.50% from 7.75%. The decision continues the cutting cycle begun in September and ...