The repo rate directly affects daily life by influencing overall interest rates. It is the rate at which the RBI lends money to commercial banks.
The RBI has broken its longest-ever pause with a repo rate cut, the first in almost five years. Reserve Bank of India (RBI) ...
The repo rate, set by the RBI, influences borrowing costs for banks. A higher repo rate raises FD interest rates, attracting ...
While new borrowers can expect banks to revise their rates soon, existing borrowers will typically see the benefit at their ...
On Friday, the Reserve Bank of India’s (RBI) six-member Monetary Policy Committee (MPC) reduced the repo rate, the rate at ...
Stay informed with WION's comprehensive coverage of the RBI MPC meeting, providing real-time updates on the central bank's ...
RBI governor Sanjay Malhotra announed that the Reserve Bank of India’s (RBI’s) Monetary Policy Committee (MPC) has decided ...
T he Reserve Bank of India (RBI) on Friday announced a 25 basis points (bps) cut in the policy repo rate, with the Monetary ...
A recent poll of economists, bank treasury heads, and market experts by Moneycontrol also showed that majority expect the RBI ...
This is the first interest rate cut by the RBI since Covid times (May 2020). Between May 2020 and April 2022, the RBI kept ...
The latest decision brings the repo rate from 6.50 per cent to 6.25 per cent. Sanjay Malhotra, the newly appointed RBI Governor, chaired his first Monetary Policy Committee (MPC) ...
Delivering his first monetary policy statement as RBI Governor, Sanjay Malhotra said, "Uncertain global environment poses ...