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 ...

Repo rate cuts by the Reserve Bank of India (RBI) have a direct impact on personal loan interest rate and EMIs (Equated Monthly Installments). The interest rate at which the RBI lends to ...

The RBI’s six-member Monetary Policy Committee (MPC) is expected to go for a 25-basis-point repo rate cut in its upcoming meeting to shield the domestic economy from the fallout of the US ...

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 governor of the Reserve Bank will announce the repo rate decision of the Monetary Policy Committee on Thursday afternoon. Although the inflation rate for February was unchanged at 3.2% ...

In February, the RBI unanimously lowered the repo rate by 25 basis points from 6.5 per cent to 6.25 per cent, in what was the first rate cut in about 5 years since Covid.