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 RBI MPC reduced key lending rates by 25 basis points to 6.25%, the first rate cut in nearly five years under the ...
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 ...
RBI Monetary Policy Meeting February 2025 Live Updates: The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) ...
The RBI under new Governor Sanjay Malhotra on Friday cut interest rate for the first time in nearly five years as the central ...
The repo rate cut, combined with the benefits from the revised tax slabs announced in the Union Budget 2025 for the new tax ...
Sensex dropped 87 points to 77,970.84, while Nifty slipped to 23,570.75 as investors remain cautious ahead of the RBI MPC meeting.
Bank Nifty gave up the cautious gains of the early morning session to slip into losses. HDFC Bank stock fell as much as 1 ...
Malhotra highlighted the challenges posed by the global economic landscape, noting that while high-frequency indicators suggest resilience and expansion in trade, overall global growth remains below ...
The NSE Nifty 50 and BSE Sensex were trading almost flat early on Friday ahead of the Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) meeting to announce its decision on India's ...