One such factor that has a significant role in determining personal loan interest rates is the Reserve Bank of India (RBI). The repo rate is the rate at which the RBI lends money to commercial banks.
The decision of the Reserve Bank of India (RBI) to cut the repo rate by 25 basis points could be a much-needed relief for the consumers who have been grappling with the pressure of inflation and ...
FD Rates after RBI repo rate cut: Reserve Bank of India Governor Sanjay Malhotra today announced a cut in the key benchmark rate. The Monetary Policy Committee (MPC), headed by Malhotra ...
(Image: Freepik) In a widely-anticipated move, the Reserve Bank of India (RBI) has announced a 25-basis point (bps) reduction in the repo rate, marking a significant step to ease borrowing costs ...
RBI Monetary Policy: In line with market expectations, the Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) cut the repo rate by 25 basis points (bps) to 6.25 per cent, marking the ...
The repo rate cut by 25 basis points by the monetary policy committee (MPC) of RBI announced Friday will give a long-awaited relief on interest rates and also be supportive of economic growth ...
The RBI MPC, which met for the first time under the new central bank governor Sanjay Malhotra, on February 7 cut the repo rate by 25 basis point to 6.25 percent to give a boost to a slowing economy.
Real estate developers and experts believe that the RBI’s decision to cut the repo rate after five long years will boost sentiment and support housing demand. Reduced rates will also lower ...
The Reserve Bank of India (RBI) board led by Governor Sanjay Malhotra has revised the repo rate for the first time in two years. It voted unanimously to cut the repo rate by 25 basis points from 6 ...
The Reserve Bank has cut the repo rate to 6.25% — the interest rate at which the central bank lends money to commercial banks — for the first time in nearly five years. The 25 basis points ...
AJAY VERMA The 25-basis-points repo rate cut may take some time to get reflected in Banks’ lending and deposit rates, as the latter has become sticky in view of competition for mobilising ...
RBI governor Sanjay Malhotra announced a 25 basis points cut in the benchmark repo rate to 6.25%, the first reduction in five years. New Reserve Bank of India or RBI governor Sanjay Malhotra on ...