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RBI cuts repo rate to 6.25%, 1st cut in 5 years
India's central bank cuts repo rate for first time in nearly 5 years
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.
Sensex, Nifty End Modestly Lower As RBI Cuts Repo Rate
Indian shares ended slightly lower on Friday as the Reserve Bank of India (RBI) reduced its key interest rates for the first time in
RBI MPC Meeting Live Updates: Nifty 50 below 23,600, Sensex fall 200 points on repo rate cut
The former revenue secretary in the Ministry of Finance, Malhotra is expected to announce the cuts to lower interest rates for economy’s growth which is expected to reach a four year low.
1h
RBI's repo rate cut welcomed by bank leaders, expected to ensure liquidity while monitoring inflation
However, some banks acknowledged the short-term impact on their profitability, with expectations of eventual recovery ...
29m
RBI Governor Sanjay Malhotra’s 1st Policy: MPC Cuts Repo Rate By 25 bps, Stance Remains 'Neutral'
Governor Sanjay Malhotra on Friday announced that the central bank has slashed the policy repo rate by 25 basis points from 6 ...
13m
on MSN
Global central banks are lowering rates — the Fed might not be as inclined
On Friday, the Reserve Bank of India trimmed its repo rate by 25 basis points. A day prior, the Bank of England lowered ...
30m
RBI's rate cut sets stage for further easing of interest rates in near term: India Inc
India Inc. welcomes RBI's rate cut, anticipating further easing and boosting consumption to support economic growth.
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