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 ...

The Reserve Bank of India (RBI) is expected to cut repo rate by 25-50 basis points (Bps) to 5.7 percent going ahead amid concerns over growth, said economists. Further, they added that the central ...

The RBI had increased the repo rate by 250 bps between May 2022 and February 2023. Since then, for two years, the repo rate was held at 6.5 percent to check inflation and bring it to the ...