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The Reserve Bank of India (RBI) reduced the repo rate by 25 basis points to 6.25%, the first rate cut in nearly five years. What is the repo rate? It’s the rate at which the RBI lends money to commercial banks. A lower repo rate means cheaper loans

The Reserve Bank of India (RBI) announced on Friday that it has kept the benchmark repo rate unchanged at 6.5% for the eighth consecutive time. What exactly is repo rate? How does it affect you?

"RBI Expected to Cut Repo Rate by 25 Basis Points to 6.25% in December Amid Concerns Over Volatile Food Prices" "RBI Likely to Cut Key Policy Rate by 25 Basis Points to 6.25% in December as Inflation Expected to Ease, Aiming to Boost Economic Growth

Indian household debt has skyrocketed, reaching Rs 120 trillion in March 2024, a 56% increase since June 2021. This has pushed the debt-to-GDP ratio to 42.9%, raising concerns about consumer spending. With housing loans comprising 30% and vehicle

This Thing Will Actually Blow Your Mind. Click on This. "Inflation is taxation without legislation." - Milton Friedman Inflation: A Major Concern in India Inflation remains a pressing issue in India, with the state of Odisha facing the highest r

About Rates in the market... To strike a balance in market, the RBI has to consider all economic factors and carefully set the key rates. Any imbalance in these rates can lead to economic chaos: 1)Repo Rate:-The rate at which RBI lends money to oth

Looking at the current inflation data, it seems that the RBI might consider a rate cut, and the expectation is the same as India's economic growth has slowed down

💡How Do Banks Really Work? Here's a Simple Visual Guide! 🏦 1️⃣ Banks take deposits from customers at ~4% interest. 2️⃣ They lend that money to borrowers at ~10% interest. 💰 The 6% spread is their profit. 🔍 Key Banking Terms You Should Know:

📢 **RBI MPC Delivers "Hat-trick" Rate Cut; Shifts Stance to 'Neutral'** The Reserve Bank of India (RBI) today announced its bi-monthly monetary policy outcome, with significant decisions impacting the Indian economy. **Key Announcements & Insights

Just watched RBI Unlocked on Hotstar. Shaktikanta Das said – "Chakravyuh mein ghusna aasan hota hai, par nikalna mushkil." He was talking about inflation & interest rates... But bro, that hit different. Felt like he’s talking about corporate life 💀