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(Image: Pixabay ) RBI rate cut: The Reserve Bank of India Governor Sanjay Malhotra on April 9 announced that the central bank is cutting repo rate by 25 bps to 6 per cent with immediate effect.
A reduction in the repo rate allows banks to borrow more cheaply, often leading to lower interest rates on loans for consumers and businesses. New Delhi: The Reserve Bank of India (RBI ...
Sector experts and developers said the decision could draw homebuyers back into the market, particularly in the affordable housing segment ...
The Reserve Bank of India's (RBI) monetary policy committee cut the repo rate by 25 basis points in February to 6.25 per cent, its first reduction in nearly five years. RBI appears on track for ...
MUMBAI, April 9 (Reuters) - The Reserve Bank of India (RBI) lowered its key repo rate on Wednesday for a second consecutive time and changed its monetary policy stance signalling room for more ...