reserve bank of india repo rate - Search News

RBI cuts repo rate

Hosted on MSN · 9h

India's central bank cuts repo rate for first time in nearly 5 years

The Reserve Bank of India (RBI) reduced its key repo rate on Friday for the first time since May 2020, aiming to provide stimulus to the sluggish economy, which is projected to grow at its slowest pace in four years during the current fiscal year.

money.rediff · 2h

RBI Cuts Repo Rate: Home, Auto Loans Cheaper

Reserve Bank of India cuts key interest rate for the first time in 5 years, leading to lower home, auto and other loan rates. Read more.

Deccan Chronicle · 30m

Double Bonanza for Salaried Class, RBI Cuts Repo Rate After 5 Years

A lower repo rate means banks can borrow funds at a lower cost from the central bank and are expected to pass on the lower cost to the borrowers.

6h

RBI's repo rate cut welcomed by bank leaders, expected to ensure liquidity while monitoring inflation

However, some banks acknowledged the short-term impact on their profitability, with expectations of eventual recovery ...

Realtors eye demand boost post RBI repo rate cut, but quick transmission will be key for borrowers

Recently, the Reserve Bank of India has cut the repo rate to 6.50 per cent after leaving it unchanged for 11 consecutive ...

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