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RBI governor Sanjay Malhotra cuts repo rate by 25 bps!

The Reserve Bank of India (RBI) cut the repo rate by 25 basis points to 6.25%. This is the first rate cut in five years, with the last one occurring in May 2020.

"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

RBI might cut the rate by 25-30 BPS. Let's wait and see what happens next.

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

📉Loans to get cheaper? 🏦RBI cuts the repo rate for the first time in nearly 5 years to boost the economy. Repo Rate cut by 25bps to 6.25% 📜What is repo rate? --> It is the interest rate at which the central bank lends money to commercial ban

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?

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

The RBI is expected to maintain the status quo in its monetary policy, keeping the repo rate unchanged at 6.5% for the eighth consecutive time, focusing on maintaining price stability and sustainable economic growth. Ab hogi Growth 💹

On Tuesday, the rupee hit a new low of Rs 84.75 per dollar as slowing economic growth rattled markets. Will the RBI step in with a rate cut this Friday to steady the ship?