The Reserve Bank of India (RBI) reduced its key repo rate on Friday for the first time since May 2020, aiming to provide ...
The Reserve Bank of India announced a 25 basis point cut in the repo rate, now at 6.25%, the first reduction in five years.
The RBI Governor Sanjay Malhotra delivered the first interest rate cut in nearly five years. The RBI MPC reduced the repo ...
The Reserve Bank of India's (RBI) six-member Monetary Policy Committee (MPC) cut the repo rate by 25 basis points to 6.25% on ...
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RBI has reduced the repo rate by 25 basis points, providing relief to home loan borrowers. The repo rate cut could lead to ...
Reserve Bank of India cuts key interest rate for the first time in 5 years, leading to lower home, auto and other loan rates.
The Reserve Bank of India cut the repo rate by 25 basis points to 6.25%, marking its first reduction in nearly five years.
In line with market expectations, the Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) reduced the repo rate by ...
The repo rate influences interest rates on loans, including home loans. When the RBI lowers the repo rate, banks typically ...
Experts are optimistic that the 25 bps cut—the first in nearly five years—will make borrowing cheaper and spur the demand for ...
EMIs on home and vehicle loans will come down, making it easier for individuals to repay their debts. A lower repo rate makes ...
However, some banks acknowledged the short-term impact on their profitability, with expectations of eventual recovery ...
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