The Reserve Bank of India seeks to boost the sluggish economy and sees inflation easing towards its 4% target.
By cutting rates, the RBI sends a message that it is ready to support growth, confident that the worst of inflation is over.
A recent poll of economists, bank treasury heads, and market experts by Moneycontrol also showed that majority expect the RBI ...
The repo rate influences interest rates on loans, including home loans. When the RBI lowers the repo rate, banks typically ...
At the press conference after the monetary policy announcement, a clearly worried RBI governor said that the pervasive ...
The Indian rupee remained at its all-time low against the US dollar after the Reserve Bank of India (RBI) delivered its first ...
Bank of Baroda, Axis Bank, Punjab National Bank, Canara Bank and ICICI Bank from the Nifty Bank index were trading lower ...
India's central bank is widely expected to cut interest rates for the first time in nearly five years in Governor Sanjay ...
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 ...
In a significant policy shift, the Reserve Bank of India (RBI) cut the repo rate by 25 basis points to 6.25 per cent on ...
How to Calculate the Repo Rate? The interest rates that commercial banks pay to the RBI or get when they put money in the RBI must be agreed upon and standardised. The repo rate is key to keeping ...
Having commenced the easing cycle by cutting the benchmark repo rate by 25 basis points (bps) in its latest monetary policy committee (MPC) meeting, the Reserve Bank of India (RBI) will likely cut ...