In recent months, the central bank has shifted its policy approach, reducing reliance on the MLF as its primary tool and increasingly using the seven-day reverse repo rate to guide market ...
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 ...
RBI Monetary Policy: In line with market expectations, the Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) cut the repo rate by 25 basis points (bps) to 6.25 per cent, marking the ...