After tax relief in Budget, RBI cuts key rate, first in five years, to spur growth
The cut in the key policy rate — the first in nearly five years — will provide relief to home, vehicle, and other consumer loan borrowers as all interest rates linked to the repo rate will come down by 25 basis points (bps) immediately. One basis point (bps) is one-hundredth of a percentage point.
The Reserve Bank of India's Monetary Policy Committee is anticipated to announce a 25 basis point repo rate cut after their m ...
The monetary policy committee on Friday cut the policy interest rate by 25 basis points to 6.25% to support growth. At a post ...
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Next RBI MPC date: Schedule of 1st Monetary Policy Committee meeting of FY26 announcedThe Reserve Bank of India (RBI) has released the schedule for the Monetary Policy Committee (MPC) meeting to be held in April ...
The RBI’s CRB is the country’s savings for a ‘rainy day’ (a financial stability crisis) which the central bank consciously ...
In the last MPC meet held in December, the RBI, led by former governor Shaktikanta Das, had decided to keep the repo rates ...
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