The repo rate is the rate at which commercial banks borrow from the RBI. This drop comes after nearly 5 years of house loan ...
“The rate cut, coupled with recent liquidity-boosting measures, is expected to drive fresh investments and kick-start the consumption cycle. Sectors such as banking, auto, FMCG, consumer durables, ...
RBI Cuts Repo Rate for the First Time in Five Years Reserve Bank of Indias Monetary Policy Committee decided to reduce the ...
The Central Bank slashed the repo rate by 25 basis points, down from 6.5 per cent to 6.25 per cent. This move was widely ...
Economists expect RBI to cut the repo rate by 25 basis points on 7 February when the Monetary Policy Committee completes its review. It would be the first rate cut in more than four years.
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 South African Reserve Bank (Sarb) has cut the repo rate by 25 basis points, but only four of the six members of the Monetary Policy Committee (MPC) voted for the cut, with two opting to keep ...
NEW YORK (AP) — U.S. stock indexes slipped Wednesday after the Federal Reserve opted not to cut interest rates for the first time since it began trying to help the economy through easier rates ...
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.