Simply put, repo rate is the rate at which the RBI lends to the banks. Currently the repo rate is 6.50%. The MPC meeting between February 5 and 7 may revise downwards India's expected growth rate ...

The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) on Friday announced a 25 basis points cut in the repo rate, bringing it down to 6.25% from the earlier 6.5%. This is the ...

The RBI has lowered the repo rate to 6.25%, signalling the start of a policy easing cycle. With inflation moderating and fiscal consolidation on track, the move is expected to support growth ...