The Reserve Bank of India (RBI) has cut the policy repo rate by 25 basis points to 6.25 per cent, the first reduction in nearly five years. The move comes after Finance Minister Nirmala Sitharaman ...
The move to cut the repo rate comes a week after Budget 2025 proposed making normal income up to Rs 12 lakh tax-free ...
RBI Governor Sanjay Malhotra stated that the bank's forex policy favors stable market operations without targeting any ...
The repo rate directly affects daily life by influencing overall interest rates. It is the rate at which the RBI lends money to commercial banks.
The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC), led by newly appointed Governor Sanjay Malhotra, announced a 25 basis point rate cut on Friday, bringing the repo rate down to 6.25%.
Forex traders said the Indian rupee plunged to fresh record lows amid weak domestic markets and importer demand for dollars.
The RBI's Monetary Policy Committee, led by new Governor Sanjay Malhotra, cut the repo rate by 25 basis points to 6.25%, ...
The latest decision brings the repo rate from 6.50 per cent to 6.25 per cent. Sanjay Malhotra, the newly appointed RBI ...
While new borrowers can expect banks to revise their rates soon, existing borrowers will typically see the benefit at their ...
RBI Monetary Policy Meeting February 2025 Live Updates: The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) ...