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 ...

Auto industry welcomes RBI rate cut, expecting positive impact on sector with increased accessibility and affordability for ...

In line with market expectations, the Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) reduced the repo rate by 25 basis points (bps) to 6.25 per cent. This marks the first rate cut since ...

The Reserve Bank of India (RBI) has slashed its benchmark lending rate by 25 basis points. This is its first such move in ...

The reduction in the policy interest rates by the Reserve Bank of India (RBI) is a catalyst for boosting demand across different sectors of the economy, a top industry body said on Friday. In a bid to ...

Repo rate cut leads to 0.25% reduction in floating home loan rates, with immediate impact on EBLR loans. Deposit rates take time.

The rupee recovered 9 paise from its all-time low level to close at 87.50 against the US dollar on Friday after the Reserve Bank of India reduced the key policy rate by 25 basis points in line with ...

The decision by RBI on Friday to reduce its key rate for the first time in five years comes less than a week after the ...