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 ...
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 ...
Unlike the government, consumers battling with the high cost of living and a mountain of debt cannot increase their income with the stroke of a pen.
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 ...
To the surprise of most economists and market analysts, the Monetary Policy Committee (MPC) of the SA Reserve Bank (SARB) did not lower the repo rate last Thursday. This came after the inflation ...
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 ...
Monetary Policy Committee (MPC) will be announcing the outcome of its meeting on April 9. This will be the first monetary ...
While RBI has mandated the use of external benchmarks like the repo rate and T-bills to price loans ... accruals and they are not drawing their working capital limits," said Karnatak.
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RBI MPC Meet Highlights: Das & Co keep repo rate unchanged, stance changed to 'neutral'As anticipated the repo rate, the key lending rate ... On the digital front, the RBI is working to expand UPI usage through the introduction of "Delegated Payments," allowing primary users ...
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