Since then, the repo rate steadily increased until December 2022. Since then there were seven consecutive hikes bringing it to 6.5% until Feb. 2023. The RBI’s 25 bps cut marks a shift from the ...
With the RBI's recent repo rate cut, we may expect lower lending rates for retail loans such as home loans and vehicle loans. However, it usually takes some time for customers to see these ...
Mumbai: Given the global uncertainty due to US tariff hike concerns ... the six-member Monetary Policy Committee (MPC) of the RBI cut the repo rate by 25 basis points to 6.25 per cent.
The RBI MPC retained its inflation forecast for FY25 at 4.8 per cent. (Image/PTI) The Reserve Bank of India has cut Policy repo rates by 25 bps ... Inflation is likely to trend below 4% by Q3 ...
The Reserve Bank of India (RBI) cut the policy repo rate by 25 basis points last week and set it to 6.25 per cent from its current level of 6.5 per cent. People are now eagerly waiting to see how ...
Image Source : PIXABAY Home, auto and other loans are likely to see a drop in interest rates. FD Rates after RBI repo ... When the repo rate is high, borrowing costs for banks increase, which ...
The Reserve Bank of India (RBI) had last reduced the repo rate by 40 basis points to ... But in May 2022 the central bank started a rate hike cycle in view of the Russia-Ukraine war and paused ...
The Monetary Policy Committee, headed by the new RBI Governor Sanjay Malhotra, slashed the repo rate by 25 basis points to 6.25 per cent. This marks the first reduction since May 2020 and the ...
The Reserve Bank of India governor Sanjay Malhotra has cut the repo rate by 25 basis points in his first RBI policy meeting held on Feb 07, 2025. The rate has been changed from 6.5% to 6.25% in ...
The announcement did not disappoint—RBI has cut the repo rate from 6.5% to 6.25%. Macro focus This marks the first rate action by the RBI’s Monetary Policy Committee (MPC) in two years ...