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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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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

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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

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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.