The Reserve Bank of India on February 7, 2025, cut the repo rate—from 6.50% to 6.25%—for the first time in nearly 5 years. Shivalik Small Finance Bank (SFB) has reduced its interest rates on fixed ...
The October policy saw the stance getting changed to neutral (vs. withdrawal of accommodation). This was followed with 50bps of CRR reduction in December, plethora of liquidity supporting measures in ...
RBI Repo Rate Cut by 25 bps Explained: After holding the repo rate at 6.50 per cent for two years, the Reserve Bank of India’s (RBI) six-member Monetary Policy Committee (MPC) reduced the key policy ...
New Delhi, February 8 (IANS) The Reserve Bank of India (RBI) has announced a 25 basis points rate cut in the repo rate which is a big relief for those who have taken a loan (especially a home loan).
The Reserve Bank of India (RBI) has made a historic move by cutting the repo rate by 25 basis points to 6.25 per cent, marking the first rate cut in five years. This decision, taken by the six-member ...
Kolkata, Feb 7 (PTI) The repo rate cut of 25 basis points by the monetary policy committee (MPC) of the RBI will give a long-awaited relief on interest rates and support economic growth, according to ...
In a significant move aimed at revitalizing the affordable housing sector, the Reserve Bank of India's (RBI) monetary policy committee has announced a reduction in the repo rate. This decision, ...
How to Calculate the Repo Rate? The interest rates that commercial banks pay to the RBI or get when they put money in the RBI must be agreed upon and standardised. The repo rate is key to keeping ...
The repo rate cut by 25 basis points by the monetary policy committee (MPC) of RBI announced Friday will give a long-awaited relief on interest rates and also be supportive of economic growth, ...