Four members preferred this action, while two favoured a cut of 25 basis points. This results in the repo rate remaining at 7.5%, while the prime lending rate stays at 11%. The news comes on the ...

Let us look at how transmission of rate action from the RBI percolates to the ground. The repo rate is the rate at which the RBI lends money to banks if required, one day at a time. When the RBI ...

is a benchmark rate that reflects the cost of borrowing overnight, backed by U.S. Treasury securities in the repo market. The rate is based on actual transactions, making it a risk-free ...

With US President Donald Trump imposing a sweeping 26 per cent reciprocal tariff on India even as negotiations on a bilateral trade agreement is ongoing, economists said that a 25 bps cut in repo ...

The Reserve Bank of India's (RBI) monetary policy committee cut the repo rate by 25 basis points in February to 6.25 per cent, its first reduction in nearly five years. RBI appears on track for ...