RBI cuts repo rate by 25 bps to 6.25% after 5 yrs

Reactions to RBI repo rate cut
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.
India's Central Bank Cuts Repo Rate for First Time in Nearly 5 Years
(Reuters) -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.
RBI Repo Rate | How RBI Rate Cut Could Benefit The Common Man?
Home, auto, and other loans are likely to see a drop in interest rates after the Reserve Bank of India cut the key benchmark rate on Friday. The Monetary Policy Committee, headed by the new RBI Governor Sanjay Malhotra,
RBI's Strategic Rate Cut Fuels Economic Revival
The Reserve Bank of India (RBI) has cut the repo rate by 25 basis points to 6.25%, the first cut since 2020, under new Governor Sanjay Malhotra. The move aims to boost demand and growth across sectors like housing and automobile while maintaining a neutral policy stance.
India's Central Bank Delivers First Rate Cut in Nearly 5 Years
MUMBAI (Reuters) - The Reserve Bank of India (RBI) cut its key repo rate on Friday for the first time since May 2020 to provide stimulus to the sluggish economy, which is expected to grow at its slowest pace in four years in the current fiscal year.
India's central bank cuts rates for the first time in nearly five years, forecasts faster growth next year
The Reserve Bank of India has cut its key interest rate for the first time in nearly five years, as cooling inflation has offered room to stimulate the slowing economy. The central bank forecast real GDP growth for next fiscal year at 6.7%, and inflation rate at 4.2%.
RBI's Rate Cut: A Boost to Economic Growth
The Reserve Bank of India has announced a reduction in the benchmark lending rate by 25 basis points, which is welcomed by banks as a move to spur growth and complement budget announcements. The RBI also postponed the revised liquidity coverage ratio,
RBI cuts repo rate by 25 bps to 6.25% after 5 yrs; industry welcomes move
The Reserve Bank of India (RBI) on Friday reduced the repo rate by 25 basis points from 6.5% to 6.25% in another step to boost the economy, media reports said.
RBI cuts repo rate by 25 basis points to 6.25%, first time in 5 years
On Friday, the Reserve Bank of India’s (RBI) six-member Monetary Policy Committee (MPC) reduced the repo rate, the rate at which the RBI lends to commercial banks by 25 basis points, bringing it down to 6.
MPC Meeting Today, Experts Predict Central Bank Likely To Slash Repo Rate
The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) is set to announce its first monetary policy under new Governor Sanjay Malhotra on Friday. Experts anticipate that the central ba
Banks get breathing space as RBI defers key proposals to next year
A clutch of key regulations was to come into force in the next few months. These include asking banks to set aside a higher ...
RBI Slashes Rates After 5 Years — Good News For Borrowers, But RBI Governor Has A Warning For India's Economy
In a pivotal move to bolster India's economic growth, the Reserve Bank of India (RBI) has slashed the repo rate for the first ...
RBI tango with FM gives 1st rate relief in five yrs
MUMBAI: Seeking to build on the feel-good factor generated by the Budget, which announced significant tax cuts, the Reserve Bank of India on Friday cut interest rates by 25 basis points to 6.25%. This ...
India will not undertake direct debt switch with RBI, top ministry official says
The Reserve Bank of India's holding of sovereign bonds due to mature next financial year will likely be treated at par with ...
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RBI MPC meet: India can soar past 7% growth as inflation cools, says RBI governor Sanjay Malhotra
The MPC under the new RBI governor will have to walk a tightrope between taming inflation and boosting economic growth. India ...
'Bank.in, fin.in': RBI announces new domains to curb cyber fraud
The RBI Governor, while unveiling the last bi-monthly monetary policy of this fiscal year, said registrations for 'bank.in' ...
RBI's rate cut sets stage for further easing of interest rates in near term: India Inc
India Inc. welcomes RBI's rate cut, anticipating further easing and boosting consumption to support economic growth.
India central bank to delay higher digital deposit buffer for banks, governor says
India's central bank governor on Friday said the implementation of a proposal that mandates lenders set aside more funds for ...