India cuts policy rate for the first time in nearly five years, new central bank governor Malhotra says
The Reserve Bank of India has cut its key interest rate for the first time in nearly five years, as cooling inflation has offered room to stimulate the slowing economy. The Monetary Policy Committee decided to trim the repo rate by 25 basis points to 6.
The RBI's 25-basis point repo rate cut will bring relief to home loan borrowers. Learn how you can maximise savings through ...
Recently, the Reserve Bank of India has cut the repo rate to 6.50 per cent after leaving it unchanged for 11 consecutive ...
New Delhi, Feb 7 (IANS) The Reserve Bank of India's (RBI) decision to cut the repo rate by 25 basis points is a well-timed ...
However, some banks acknowledged the short-term impact on their profitability, with expectations of eventual recovery ...
RBI Cuts Repo Rate for the First Time in Five Years Reserve Bank of Indias Monetary Policy Committee decided to reduce the ...
Auto industry welcomes RBI rate cut, expecting positive impact on sector with increased accessibility and affordability for ...
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