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With the RBI’s 25 basis point repo rate cut, home loan EMIs are set to decrease. This follows a 50 basis point reduction over ...
The RBI’s recent 25 basis point repo rate cut to 6% reflects a shift to an accommodative stance amid softening inflation.
Governor Malhotra stated on Wednesday that the decision to lower the repo rate was unanimously approved by the Monetary ...
India’s central bank cut interest rates in the world’s fifth-largest economy on Wednesday as US President Donald Trump’s tariffs kicked in and policymakers warned of “challenging global economic ...
Hours after the Reserve Bank of India (RBI) announced a 25 basis point cut in the repo rate, two major public sector banks — Bank of India and UCO Bank — on Wednesday reduced their lending rates, ...
Finance Minister Nirmala Sitharaman praised RBI's rate cut, emphasizing the need for continued support amid global trade ...
Banks cut interest rates on loans after RBI reduces repo rate, likely to boost demand for loans and economic growth.
Benchmark equity indices Sensex and Nifty traded lower on Wednesday, impacted by rising trade tensions, despite the Reserve ...
Monetary Policy Committee (MPC) has unanimously decided to reduce the repo rate by 25 basis points to 6 per cent, Governor Sanjay Malhotra announced on Wednesday. This marks the second rate cut this ...
Following the Reserve Bank of India's decision to cut its benchmark repo rate for the second time this year and lower its ...
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Currently, the repo rate is at 6% whereas the reverse repo rate is at 3.35%. Using these two rates, the RBI sets the tone for all other interest rates in the banking system, and through that route, in ...