RBI cuts repo rate

RBI cuts repo rate by 25 bps! Your bank will slash fixed deposit rates now? Check what top banks are offering on FDs
The repo rate, set by the RBI, influences borrowing costs for banks. A higher repo rate raises FD interest rates, attracting deposits, while a lower rate reduces FD returns by making borrowing cheaper.
India's central bank cuts repo rate for first time in nearly 5 years
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 Slashes Repo Rate By 25 Bps; Here’s How Much You Will Save On Your Home Loan
The rate cut could be the beginning of a low-interest cycle and is expected to ease the burden on loan borrowers, as banks prepare to lower interest rates on home loans, auto loans, & business credit
What Is Repo Rate And How Does It Impact? RBI Cuts Interest Rates, Repo Rate Reduced By 25 bps To 6.25%
In addition to the repo rate cut, the Standing Deposit Facility (SDF) and Marginal Standing Facility (MSF) rates have also been reduced by 25 bps to 6% and 6.5%, respectively. The bank rate has also been adjusted to 6.5%.
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.
RBI's repo rate cut welcomed by bank leaders, expected to ensure liquidity while monitoring inflation
However, some banks acknowledged the short-term impact on their profitability, with expectations of eventual recovery
Stock Market Today: Sensex, Nifty Ends Lower For Third Day Amid RBI's 25 Bps Rate Cut
While the monetary policy committee reduced the repo rate to 6.25 per cent as expected, volatility remained in the market
Repo rate cut: Lending and deposit rates cut could happen with a lag
Experts predict slow transmission of repo rate cut to bank lending and deposit rates due to competition for resources.
Repo Rate Cut: Relief on Interest Rates - Experts
RBI's MPC cuts repo rate by 25 basis points, providing relief on interest rates. Experts anticipate further cuts, citing inflation easing and economic growth support.
Rationale behind RBI’s repo rate cut by 25 bps, possible impact on interest rates, investment and consumption
EMIs on home and vehicle loans will come down, making it easier for individuals to repay their debts. A lower repo rate makes borrowing cheaper for individuals and businesses, which can lead to increased spending and investment.
RBI repo rate cut: Auto industry says it will create a positive sentiment across the market
Auto industry welcomes RBI rate cut, expecting positive impact on sector with increased accessibility and affordability for consumers.
Instant view: India's central bank cuts repo rate for first time in nearly 5 years
The Reserve Bank of India (RBI) reduced its key repo rate on Friday for the first time since May 2020, aiming to provide ...
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RBI MPC meet: Why was repo rate cut by 25 basis points? RBI governor Sanjay Malhotra explains monetary policy rationale
The Reserve Bank of India announced a 25 basis point cut in the repo rate, now at 6.25%, the first reduction in five years.