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
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Investo
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*RBI cuts Repo Rate by 25 bps to 6.25% ā the first rate cut in 5 years!*
ā Boost for economic growth
ā Lower borrowing costs
ā Positive for markets & businesses
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Sanket Jadyar
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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?
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Naman Kapoor
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RBI governor Sanjay Malhotra cuts repo rate by 25 bps!
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financialnews
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The Federal Reserve Cut The Intrest rate for the second consecutive time by 25 basis points
to a range of 4.5% To 4.7%
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
RBI might cut the rate by 25-30 BPS. Let's wait and see what happens next.
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Atharva Deshmukh
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Brief History of RBI
The Reserve Bank of India (RBI) was established on April 1, 1935, based on the Hilton Young Commission's recommendations and the Reserve Bank of India Act, 1934.
Initially, the RBI took over the functions of the Controller of
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Mahendra Lochhab
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The Reserve Bank of India (RBI) and NPCI International Payments (NIPL) plan to extend the Unified Payments Interface (UPI) to 20 countries by the FY29.
The RBI has made a 25 basis points rate cut. However, there is still some tension in the market regarding what the RBI will do about banking liquidity and how it will manage future inflation. Due to these concerns, the market is somewhat sideways and