5 days ago · RBI Repo Rate Cut by 25 bps Explained: After holding the repo rate at 6.50 per cent for two years, the Reserve Bank of India’s (RBI) six-member Monetary Policy Committee (MPC) reduced the key policy rate by 25 basis points (bps) to 6.25 per cent on Friday (February 7).This marks the first repo rate cut in nearly five years and will likely lead to a fall in interest rates and equated monthly ...

5 days ago · RBI MPC Meeting 2025 Highlights: Repo rate cut by 25 basis points to 6.25%, says RBI governor Sanjay Malhotra; GDP growth projected at 6.7% - loan EMIs likely to come down

5 days ago · What happens when repo rate is cut? When the RBI reduces the repo rate, all external benchmark lending rates (EBLR) linked to the repo rate will come down, giving relief to borrowers as their equated monthly instalments (EMIs) will fall.

5 days ago · The announcement was made by Sanjay Malhotra, in his first key address after being appointed as the RBI Governor in December last year. That said, the following are the six key announcements from the MPC meeting: REPO RATE CUT. The central bank has announced a cut in the repo cut by 25 basis points to 6.25% from 6.5%.

5 days ago · RBI Monetary Policy Meeting February 2025 Live Updates: The Reserve Bank of India (RBI) on Friday reduced the repo rate by 25 basis points to 6.25%, marking the first rate cut in nearly five years. This is the first reduction since May 2020, during the Covid pandemic. Between May 2020 and April 2022, the RBI kept the repo rate steady at 4%.

5 days ago · RBI MPC Meeting Repo Rate: The RBI's Monetary Policy Committee, led by new Governor Sanjay Malhotra, cut the repo rate by 25 basis points to 6.25%, maintaining a neutral stance. This change follows eleven meetings with an unchanged rate. Additionally, the Cash Reserve Ratio was reduced to 4% in December to boost liquidity. The RBI projects 7.2% GDP growth for 2024-25.

5 days ago · The Reserve Bank of India's Monetary Policy Committee cut the repo rate by 25 basis points to 6.25%, citing declining inflation and a positive growth outlook. Governor Sanjay Malhotra maintained a neutral stance due to global uncertainties and highlighted the significant forex reserves and upcoming regulatory changes to improve market efficiency.

5 days ago · The Reserve Bank of India (RBI) reduced the repo rate by 25 basis points on Friday, February 7, bringing it down from 6.5% to 6.25%. This decision, taken unanimously by the Monetary Policy Committee (MPC), also adjusts the Standing Deposit Facility (SDF) rate to 6.0% and the Marginal Standing Facility (MSF) and Bank Rate to 6.5%, according to RBI Governor Sanjay Malhotra.

5 days ago · The Reserve Bank of India (RBI) reduced its repo rate from 6.5% to 6.25%, in line with the expectations of many economists. The repo rate is the level at which the central bank lends to commercial ...

5 days ago · Analysts predict a 25 basis points cut in the repo rate, the first in almost five years. The RBI last reduced the rate in May 2020 and paused hikes in May 2023. The expected reduction aims to ease monetary conditions amid current growth and inflation data.