RBI to slash benchmark repo rates by 75 bps in 2025; 25 bps reduction each in April, June, October MPCs: SBI Report ...
The 6-member Monetary Policy Committee (MPC) meeting on February 7, 2025, slashed the rate of repo by 25 basis points, ro ...
The Reserve Bank of India conducted an eight-day variable rate repo auction. It offered to infuse Rs 1 lakh crore but ...
The National Statistical Office (NSO) in February revealed the revised GDP growth figure of 9.2% for FY24, 100 bps more than ...
Foreign banks predict further RBI rate cuts in India due to soft inflation, with some expecting a 35 basis point cut.
The lower inflation reading could give the Reserve Bank of India room to cut rates and support its slowing economy.
A repo rate cut generally lowers borrowing costs, making loans more affordable. However, borrowers often do not see an ...