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.
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?
Itโs the rate at which the RBI lends money to commercial banks. A lower repo rate means cheaper loans
"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
Building a startupย โขย 2m
*RBI cuts Repo Rate by 25 bps to 6.25% โ the first rate cut in 5 years!*
โ Boost for economic growth
โ Lower borrowing costs
โ Positive for markets & businesses
0 replies2 likes
financialnews
Founder And CEO Of F...ย โขย 5m
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%
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?
1 replies5 likes
Naman Kapoor
๐ย โขย 2m
RBI governor Sanjay Malhotra cuts repo rate by 25 bps!
2 replies2 likes
gray man
I'm just a normal gu...ย โขย 24d
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 phasesโ25 bps each in April, Jun
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Rohan Saha
complicated Investorย โขย 2m
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
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Atharva Deshmukh
Daily Learnings...ย โขย 9m
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