In line with market expectations, the Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) reduced the repo rate by 25 basis points (bps) to 6.25 per cent. This marks the first rate cut since ...

One such factor that has a significant role in determining personal loan interest rates is the Reserve Bank of India (RBI). The repo rate is the rate at which the RBI lends money to commercial banks.

FD Rates after RBI repo rate cut: Reserve Bank of India Governor Sanjay Malhotra today announced a cut in the key benchmark rate. The Monetary Policy Committee (MPC), headed by Malhotra ...

AJAY VERMA The 25-basis-points repo rate cut may take some time to get reflected in Banks’ lending and deposit rates, as the latter has become sticky in view of competition for mobilising ...

RBI MPC meet: 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. The decision follows declining inflation rates and the ...

The Reserve Bank of India (RBI) has reduced the repo rate by 25 basis points (bps) to 6.25%, marking the first rate cut in five years since May 2020. This decision was made during the sixth and ...

RBI MPC Meeting in February 2025: The six-member Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) lowered the repo rate or the interest rate at which the RBI lends to other banks ...

The Reserve Bank has cut the repo rate to 6.25% — the interest rate at which the central bank lends money to commercial banks — for the first time in nearly five years. The 25 basis points ...

ICICI Bank reports a 15% profit surge with strong metrics like CASA ratio and low NPAs. See how the Indian central bank's ...

You can receive the money in your bank account by completing three easy steps— finalise your loan offer, complete e-KYC and set up the EMI payment. As the repo rate has come down the banks will ...

Having commenced the easing cycle by cutting the benchmark repo rate by 25 basis points (bps) in its latest monetary policy committee (MPC) meeting, the Reserve Bank of India (RBI) will likely cut ...

Feb 7 (Reuters) - 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 ...