The repo rate directly affects daily life by influencing overall interest rates. It is the rate at which the RBI lends money to commercial banks.

The repo rate, set by the RBI, influences borrowing costs for banks. A higher repo rate raises FD interest rates, attracting ...

While new borrowers can expect banks to revise their rates soon, existing borrowers will typically see the benefit at their ...

The repo rate cut, combined with the benefits from the revised tax slabs announced in the Union Budget 2025 for the new tax ...

On Friday, the Reserve Bank of India’s (RBI) six-member Monetary Policy Committee (MPC) reduced the repo rate, the rate at ...

Stay informed with WION's comprehensive coverage of the RBI MPC meeting, providing real-time updates on the central bank's ...

RBI governor Sanjay Malhotra announed that the Reserve Bank of India’s (RBI’s) Monetary Policy Committee (MPC) has decided ...

The RBI MPC reduced key lending rates by 25 basis points to 6.25%, the first rate cut in nearky five years under the leadership of newly appointed RBI Governor Sanjay Malhotra.

Sharing the projections about inflation levels in the economy, Governor Sanjay Malhotra said that the retail inflation rate for the 2024-25 fiscal year (FY25) is now estimated to be at 4.5 per cent.

T he Reserve Bank of India (RBI) on Friday announced a 25 basis points (bps) cut in the policy repo rate, with the Monetary ...

A recent poll of economists, bank treasury heads, and market experts by Moneycontrol also showed that majority expect the RBI ...

This is the first interest rate cut by the RBI since Covid times (May 2020). Between May 2020 and April 2022, the RBI kept ...