Reserve Bank Governor Sanjay Malhotra said that the recent reduction in the repo rate by 25 basis points to 6.25% is a timely and appropriate response, driven by inflation moving closer to the RBI ...

The last time there was any movement on the repo rate was in February 2023 when the RBI had ended its hiking cycle, coming out of the pandemic led repo rate of 4.0%. The repo rate was held at 6.50 ...

The Reserve Bank of India (RBI) recently cut the repo rate by 25 bps to 6.25 percent. Now, cutting the repo rate is usually seen as a signal that borrowing costs will go down, resulting in Equated ...

The February meeting of the MPC, which was the first chaired by Malhotra, reduced the policy repo rate — after five years — by 25 basis points (bps) to 6.25 per cent.

The Reserve Bank of India (RBI) will likely slash the benchmark repo rate by a total of 75 basis points (bps) in 2025, with upcoming 25 bps reductions each in April, June, and October policy meetings.

(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 ...

The RBI's recent 0.25 percentage point cut in the repo rate is under close government scrutiny to ensure banks pass this benefit to consumers. The central bank aims to support growth while ...

SBI cuts home loan rate: Following the decision of the Reserve Bank of India (RBI) announcement to cut repo rates by 25 basis points (bps), the State Bank of India (SBI) - the country's largest ...

(Bloomberg) -- A Bank of Canada official said a recent change in how the central bank sets its deposit rate is working to improve the functioning of money markets, lowering borrowing costs.