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RBI Governor Sanjay Malhotra on Wednesday announced that the Monetary Policy Committee (MPC) has unanimously agreed to bring down the repo rate by 25 basis points, lowering it from 6.25% to 6%.
The Reserve Bank of India (RBI) on April 9, 2025, cut the repo rate by 25 basis points (bps), bringing it down from 6.25 per cent to 6 per cent during the meeting of the Monetary Policy Committee ...
Following RBI's repo rate cut, SBI has also reduced its EBLR, or external benchmark lending rate, and RLLR (repo-rate linked lending rate). This will be effective April 15, 2025. While MCLR rates ...
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 ...
RBI MPC Meeting repo rate cut: The RBI Governor announced the reduction in the repo rate by 25 basis points in the MPC meeting today. The latest repo rate cut will help the borrowers to reduce their ...
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RBI Cuts Repo Rate By 25 Bps: Interest rates on home, personal, vehicle loans and deposit rates are set to come down in the coming days with the Reserve Bank of India’s (RBI) six-member Monetary ...
In a move that was largely expected, the Reserve Bank of India (RBI) cut the repo rate by 25 basis points bringing it down to 6%. This is the second rate cut in a row, signalling that the central bank ...
The RBI has been on a policy easing path since October 2024, employing a mix of stance changes, rate cuts, liquidity measures, and exchange rate flexibility. After maintaining the repo rate at 6.5 per ...
The Reserve Bank of India ( RBI) Governor Sanjay Malhotra on Wednesday announced that the central bank is reducing the repo rate by 25 basis points (bps) and this will affect home loans and their EMIs ...
The repo rate is the Reserve Bank of India’s magic wand—a powerful tool that influences everything from your loan EMI to how expensive your groceries are. Let’s break it down: “Repo rate ...
(Image: Financial Express) As part of its ongoing efforts to stimulate consumption and accelerate economic growth, the Reserve Bank of India (RBI) today reduced the repo rate by 25 basis points to 6%.
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