RBI’s Repo rate cut by 25 bps: Why the cut and will it lead to fall in interest rates, boost investment and consumption?
The RBI's MPC, in a unanimous decision, lowered the repo rate in a bid to stimulate economic activity by making borrowing cheaper, thereby encouraging spending and investment.
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.
Even with a modest interest rate reduction, a borrower who takes out a loan for a home of Rs 30 lakh over 20 years saves a ...
The RBI, led by new Governor Sanjay Malhotra, cut the policy rate by 25 basis points to 6.25%, marking the first rate ...
The repo rate cut is expected to boost India’s power demand, besides making it easier for power companies to finance new ...
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