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RBI governor Sanjay Malhotra cuts repo rate by 25 bps!

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) 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 CUTS INTEREST RATES BY 25 BPS

"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.

The Reserve Bank of India (RBI) is expected to implement a total rate cut of 75 basis points (bps) in the current fiscal year, according to a report by The Economic Times. The cuts are likely to be executed in three phases—25 bps each in April, Jun

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

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