Repo rate cut leads to 0.25% reduction in floating home loan rates, with immediate impact on EBLR loans. Deposit rates take time.
The rupee recovered 9 paise from its all-time low level to close at 87.50 against the US dollar on Friday after the Reserve Bank of India reduced the key policy rate by 25 basis points in line with ...
The reduction in the policy interest rates by the Reserve Bank of India (RBI) is a catalyst for boosting demand across different sectors of the economy, a top industry body said on Friday. In a bid to ...
Auto industry welcomes RBI rate cut, expecting positive impact on sector with increased accessibility and affordability for ...
The decision by RBI on Friday to reduce its key rate for the first time in five years comes less than a week after the ...
The Reserve Bank of India (RBI) has reduced the policy repo rate under the Liquidity Adjustment Facility (LAF) by 25 basis points, bringing it down from 6.50% to 6.25%, effective immediately. This ...
“The rate cut, coupled with recent liquidity-boosting measures, is expected to drive fresh investments and kick-start the consumption cycle. Sectors such as banking, auto, FMCG, consumer durables, ...
Bankers welcome RBI's 25 basis point rate cut, predicting it will boost growth and complement the budget's focus on ...
Home, auto and other loans are likely to see a drop in interest rates after the Reserve Bank of India under a new Governor cut the key benchmark rate on Friday for the first time in almost five years ...
Recently, the Reserve Bank of India has cut the repo rate to 6.50 per cent after leaving it unchanged for 11 consecutive ...
Today’s monetary policy reflects a steady state of thinking at RBI. Today’s rate cut continued the MPC pivot to the “neutral” ...
The RBI's Monetary Policy Committee (MPC) on February 7 lowered interest rates by 25 basis points to 6.25 percent from 6.5 ...
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