India's central bank cuts repo rate for first time in nearly 5 years
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 cuts repo rate: 6 key takeaways from MPC announcement
With a reduction in the repo rate and an expected recovery in industrial activity and robust household consumption, the RBI has projected the real gross domestic product (GDP) at 6.7% for 2025-26.
RBI cuts rates after a 5-year pause – Repo rate at 6.25%, other key highlights from RBI Policy that you need to know now
The RBI highlighted that Policy needs to support growth while the RBI maintains a Neutral stance to remain adequately watchful on tackling inflation.
RBI Cuts Interest Rates For First Time In Nearly 5 Years To Boost Economy
The Reserve Bank of India (RBI) has reduced its key repo rate by 25 bps from 6.5 per cent to 6.25 per cent to boost the economy.
What Is Repo Rate And How Does It Impact? RBI Cuts Interest Rates, Repo Rate Reduced By 25 bps To 6.25%
In addition to the repo rate cut, the Standing Deposit Facility (SDF) and Marginal Standing Facility (MSF) rates have also been reduced by 25 bps to 6% and 6.5%, respectively. The bank rate has also been adjusted to 6.5%.
Rationale behind RBI’s repo rate cut by 25 bps, possible impact on interest rates, investment and consumption
EMIs on home and vehicle loans will come down, making it easier for individuals to repay their debts. A lower repo rate makes borrowing cheaper for individuals and businesses, which can lead to increased spending and investment.
Rate sensitive shares trade mixed as RBI cuts repo rate by 25 bps to 6.25%
Bank of Baroda, Axis Bank, Punjab National Bank, Canara Bank and ICICI Bank from the Nifty Bank index were trading lower
VIEW India's central bank cuts repo rate for first time in nearly 5 years
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.
India cuts interest rates for the first time in five years
India's GDP growth is seen slowing to a 4-yr low this financial year. India's central bank has cut interest rates for the first time in nearly five years to counter slowing growth in Asia's third largest economy.
New RBI Governor Delivers India’s First Rate Cut Since 2020
India’s new central bank governor cut interest rates for the first time in almost five years on Friday to help spur a slowing economy as global risks intensify.
India cuts rates for first time in nearly 5 years to combat slowing growth
New central bank governor Sanjay Malhotra loosens monetary policy despite high inflation hitting consumer spending
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