India's Central Bank Cuts Repo Rate for First Time in Nearly 5 Years
(Reuters) -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 Meeting 2025 Highlights: RBI Cuts Repo Rate from 6.5% to 6.25%, Check Reasons & Impact On India’s GDP
Discover the RBI's 25 basis points repo rate cut to 6.25%, its impact on economic growth, credit support, and inflation projections. Learn how the rate change benefits borrowers and businesses while maintaining flexibility for future policy adjustments.
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.
Assuming the rate kicks in from April 1 after 12 EMIs of this loan have been paid, then one can get per-lakh interest savings ...
RBI has reduced the repo rate by 25 basis points, providing relief to home loan borrowers. The repo rate cut could lead to ...
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Many economies seem to be settling into a lower-rate environment. That’s in stark contrast with the Federal Reserve, which ...
The Reserve Bank of India (RBI) reduced its key repo rate on Friday for the first time since May 2020, aiming to provide ...
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A recent poll of economists, bank treasury heads, and market experts by Moneycontrol also showed that majority expect the RBI ...
The Reserve Bank of India cut its policy rate for the first time in nearly five years as economic growth slows and inflation ...
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