VIEW 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.
RBI MPC cuts repo rate for first time in 5 years: Governor Sanjay Malhotra administers a growth pill with 25 bps rate cut
The RBI's Monetary Policy Committee, led by new Governor Sanjay Malhotra, cut the repo rate by 25 basis points to 6.25%, maintaining a neutral stance. This change follows eleven meetings with an unchanged rate.
RBI MPC: First repo rate cut in 5 years. How much will your home loan EMI drop now?
While new borrowers can expect banks to revise their rates soon, existing borrowers will typically see the benefit at their next reset date, which could be in six or twelve months, depending on their loan agreement.
Rationale behind RBI’s repo rate cut by 25 bps, possible impact on interest rates, investment and consumption
EMIs on home and vehicle loans will come down, making it easier for individuals to repay their debts. A lower repo rate makes borrowing cheaper for individuals and businesses, which can lead to increased spending and investment.
What Is Repo Rate And How Does It Impact? RBI Cuts Interest Rates, Repo Rate Reduced By 25 bps To 6.25%
In addition to the repo rate cut, the Standing Deposit Facility (SDF) and Marginal Standing Facility (MSF) rates have also been reduced by 25 bps to 6% and 6.5%, respectively. The bank rate has also been adjusted to 6.5%.
RBI cuts repo rate by 25 bps: Home loan borrowers set to save big from lower interest payout, EMIs
The repo rate cut, combined with the benefits from the revised tax slabs announced in the Union Budget 2025 for the new tax regime, is likely to boost loan eligibility and repayment capacity in the up
RBI cuts repo rate by 25 bps! Your bank will slash fixed deposit rates now? Check what top banks are offering on FDs
The repo rate, set by the RBI, influences borrowing costs for banks. A higher repo rate raises FD interest rates, attracting deposits, while a lower rate reduces FD returns by making borrowing cheaper.
RBI MPC Meeting Live Updates: RBI cuts repo rate by 25 bps, GDP growth forecast at 6.7%
The former revenue secretary in the Ministry of Finance, Malhotra is expected to announce the cuts to lower interest rates for economy’s growth which is expected to reach a four year low.
RBI MPC meet: Why was repo rate cut by 25 basis points? RBI governor Sanjay Malhotra explains monetary policy rationale
The Reserve Bank of India announced a 25 basis point cut in the repo rate, now at 6.25%, the first reduction in five years. The decision
RBI Cuts Repo Rate by 25 bps: What should homebuyers do now?
The repo rate cut is expected to lower interest rates on loans, particularly benefiting homebuyers and other borrowers.
RBI's monetary policy committee cuts repo rate by 25 bps to 6.25%
The six-member monetary policy committee (MPC) of the Reserve Bank of India (RBI), led by governor Sanjay Malhotra, on Friday reduced the policy repo rate by 25 basis points to 6.25 per cent from 6.5 per cent.
RBI’s repo rate cut likely to drive housing sales, realty developers’ liquidity
The Reserve Bank of India's decision to reduce the repo rate by 25 basis points could boost demand for residential properties ...
RBI repo rate cut: Bajaj Finance, Maruti Suzuki, ICICI Bank... Top 11 stocks to bet on post the cut
A recent poll of economists, bank treasury heads, and market experts by Moneycontrol also showed that majority expect the RBI ...