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In a significant move aimed at boosting economic growth, the Reserve Bank of India (RBI) has reduced the key repo rate by 25 basis points, bringing it down to 6.25%. This marks the first reduction ...

and interest rate calculation methods. Understanding these factors can help borrowers manage their loans more efficiently. Let’s decode how a repo rate cut affects your loan liabilities.

The official interest rate is the repo rate. This is the rate at which central banks lend or discount eligible paper for deposit money banks, typically shown on an end-of-period basis. The South ...

While the inflation rate for February is expected to remain steady, economists are not sure that the Reserve Bank will cut the repo rate again on Thursday as geopolitical risks and the looming ...

The February meeting of the MPC, which was the first chaired by Malhotra, reduced the policy repo rate — after five years — by 25 basis points (bps) to 6.25 per cent.

The Reserve Bank of India (RBI) will likely slash the benchmark repo rate by a total of 75 basis points (bps) in 2025, with upcoming 25 bps reductions each in April, June, and October policy meetings.

State Bank of India (SBI) reduced interest rates on new retail and business loans tied to external benchmarks, following the RBI's repo rate cut. Home loan rates now range from 8.25% to 9.2% based ...