India's domestic demand is expected to remain resilient, supported by the personal income tax concessions announced in the 2025 Union budget and the repo rate cut initiated by the Reserve Bank of ...
New Delhi [India], March 2 (ANI): India’s domestic demand is expected to remain resilient, supported by the personal income tax concessions announced in the 2025 Union budget and the repo rate cut ...
The official interest rate is the repo rate. This is the rate at which central banks lend or discount eligible paper for deposit money banks, typically shown on an end-of-period basis. The South ...
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In recent months, the central bank has shifted its policy approach, reducing reliance on the MLF as its primary tool and increasingly using the seven-day reverse repo rate to guide market ...
The Monetary Policy Committee (MPC), led by Governor Sanjay Malhotra, in his first monetary policy review, announced a 25-basis point rate cut to bring down the benchmark repo rate to 6.25% ...
Following the Reserve Bank of India's recent 0.25% reduction in the repo rate, attention has swiftly turned towards fixed deposit (FD) interest rates, particularly affecting senior citizens.
The year-on-year inflation rate as measured by the consumer price index (CPI) for all urban areas was 6,1 per cent in February, down from 6,3 per cent in January. This favourable outcome was primarily ...
Early this month, the Reserve Bank of India (RBI) cut its repo rate to 6.25 percent. Following this, a few banks have followed suit. A couple of banks have cut their interest rates on term ...
The RBI, after a gap of five years, announced a reduction in the repo rate by 25 bps to 6.25%. A dip in the repo rate can lead to lower interest rates on loans, thereby making loans cheaper, and vice ...