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.
Foreign banks, brokerages see RBI cutting rates by another 25 basis points in April
Foreign banks and brokerages anticipate RBI to cut repo rate by 25 bps in April, with focus on liquidity and growth.
RBI Repo Rate Cut: Will your loan EMIs decrease?
RBI’s 25 bps repo rate cut will bring relief to borrowers by lowering EMIs across loans. This move aims to make borrowing more affordable and boost spending.
RBI Repo Rate | How RBI Rate Cut Could Benefit The Common Man?
Home, auto, and other loans are likely to see a drop in interest rates after the Reserve Bank of India cut the key benchmark rate on Friday. The Monetary Policy Committee, headed by the new RBI Governor Sanjay Malhotra,
RBI cuts repo rate by 25 bps to 6.25% after 5 yrs; industry welcomes move
The Reserve Bank of India (RBI) on Friday reduced the repo rate by 25 basis points from 6.5% to 6.25% in another step to boost the economy, media reports said.
RBI cuts repo rate by 25 basis points to 6.25%, first time in 5 years
On Friday, the Reserve Bank of India’s (RBI) six-member Monetary Policy Committee (MPC) reduced the repo rate, the rate at which the RBI lends to commercial banks by 25 basis points, bringing it down to 6.
RBI Rate Cut Impact: How Much You Will Save On Home Loan EMI For Rs 30 Lakh Over 20 Years?
Even with a modest interest rate reduction, a borrower who takes out a loan for a home of Rs 30 lakh over 20 years saves a ...
New RBI Guv debuts with a rate cut & ‘appropriate’ liquidity; delivers a correct combo of change & continuity
The RBI’s policy, marked by restrained dovishness, balanced the need for a rate cut with cautious liquidity assurances, ...
Rupee sidesteps RBI rate cut to end up but posts worst week in over 2 years
The Indian rupee strengthened on Friday after struggling for most of the week as global markets were jolted by fears of a ...
Banks get breathing space as RBI defers key proposals to next year
A clutch of key regulations was to come into force in the next few months. These include asking banks to set aside a higher ...
RBI to introduce extra validation layer in cards for safer online international transactions
The Reserve Bank of India has decided to add an additional layer of security for customers who use their cards to make online ...
RBI's cutting cycle to boost India's economy: Goldman Sachs
Santanu Sengupta, Chief India Economist from Goldman Sachs discusses India's tightening fiscal policies, and expected ongoing ...
Key takeaways from the RBI’s monetary policy committee conference
The monetary policy committee on Friday cut the policy interest rate by 25 basis points to 6.25% to support growth. At a post ...
RBI approves two voluntary urban co-operative bank amalgamations
RBI approves voluntary amalgamations in UCB sector, aiming to strengthen financial stability through consolidation and ...