This will be the first repo rate cut since 2023. Rates were paused for 11 consecutive policies under former governor ...
The first RBI Monetary Policy Committee meeting of 2025 began on February 5, with everyone eagerly awaiting Governor Sanjay ...
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Press Trust of India on MSNHome, other loans to become cheaper as RBI cuts rate after five yearsConversely, a lower repo rate usually results in lower interest rates on loans such as home loans, car loans, and personal loans ...
The Reserve Bank of India (RBI) recently cut the repo rate by 25 basis points to 6.25%, influenced by a decline in GDP growth and low inflation. Transmission to bank loan rates may take time due to ...
For the first time in five years, the Reserve Bank of India (RBI) has lowered its key interest rate, i.e, the repo rate, by ...
Reserve Bank of India cuts key interest rate for the first time in 5 years, leading to lower home, auto and other loan rates.
Post Budget, the Finance Ministry made a case for rate cut by saying that fiscal and monetary policy should work in tandem.
The last revision of rates happened in February 2023 when the policy rate was hiked by 25 basis points to 6.5% ...
Home, auto and other loans are likely to see a drop in interest rates after the Reserve Bank of India under a new Governor cut the key benchmark rate on Friday for the first time in almost five years ...
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