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 ...

New Delhi: In the first week of this month, the Reserve Bank of India cut the repo rate for the first time since the year 2020. After five years, the RBI decided to reduce the interest rate by 25 ...

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.

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 last time there was any movement on the repo rate was in February 2023 when the RBI had ended its hiking cycle, coming out of the pandemic led repo rate of 4.0%. The repo rate was held at 6.50 ...

The RBI's recent 0.25 percentage point cut in the repo rate is under close government scrutiny to ensure banks pass this benefit to consumers. The central bank aims to support growth while ...

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 Reserve Bank of India (RBI) is expected to cut repo rate by 25-50 basis points (Bps) to 5.7 percent going ahead amid concerns over growth, said economists. Further, they added that the central ...

Mumbai: The liquidity crunch menacing the banking system will delay lending rate cuts and slow credit growth, lenders cautioned, calling for fresh measures to transmit lower repo rates to cheaper ...

Previously, the two rates were set at the same level. The deposit rate is the rate the central bank pays commercial banks on deposits of overnight money. The January reform has worked to restore ...