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RBI cuts repo rate to 6.25%, 1st cut in 5 years
India's central bank cuts repo rate for first time in nearly 5 years
The Reserve Bank of India (RBI) reduced its key repo rate on Friday for the first time since May 2020, aiming to provide stimulus to the sluggish economy, which is projected to grow at its slowest pace in four years during the current fiscal year.
What Is Repo Rate And How Does It Impact? RBI Cuts Interest Rates, Repo Rate Reduced By 25 bps To 6.25%
In addition to the repo rate cut, the Standing Deposit Facility (SDF) and Marginal Standing Facility (MSF) rates have also been reduced by 25 bps to 6% and 6.5%, respectively. The bank rate has also been adjusted to 6.5%.
RBI MPC Meeting 2025 Live: Governor Malhotra Cuts Repo Rate To 6.25%, LCR Norms Delayed Until March 31
The first RBI Monetary Policy Committee meeting of 2025 began on February 5, with everyone eagerly awaiting Governor Sanjay Malhotras decision, which will be announced on. This will be his first review as the newly appointed Governor,
cnbctv18
15m
RBI MPC Meeting Live Updates: Nifty 50 below 23,600, Sensex fall 200 points on repo rate cut
The former revenue secretary in the Ministry of Finance, Malhotra is expected to announce the cuts to lower interest rates ...
2h
Repo rate cut to provide long-awaited relief on interest rates: Experts
The repo rate cut by 25 basis points by the monetary policy committee (MPC) of RBI announced Friday will give a long-awaited ...
41m
RBI's repo rate cut welcomed by bank leaders, expected to ensure liquidity while monitoring inflation
However, some banks acknowledged the short-term impact on their profitability, with expectations of eventual recovery ...
1h
Big relief for home loan borrowers as EMIs to fall by 1.8% on a 20 year loan tenure as RBI reduced repo rate by 25 bps
RBI has reduced the repo rate by 25 basis points, providing relief to home loan borrowers. The repo rate cut could lead to ...
money.rediff
2h
Repo Rate Cut: Relief on Interest Rates - Experts
RBI's MPC cuts repo rate by 25 basis points, providing relief on interest rates. Experts anticipate further cuts, citing ...
2h
on MSN
CNBC Daily Open: Global central banks are lowering rates — the Fed might not be as inclined
Many economies seem to be settling into a lower-rate environment. That’s in stark contrast with the Federal Reserve, which ...
NewsX
4h
Repo Rate Slashed Down: How Mauch Will You Save? Explained
RBI Governor Sanjay Malhotra confirmed that the policy stance remains neutral, indicating the central bank’s cautious ...
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RBI
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