Pursuing CMA. Talks... • 5m
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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📢 **RBI MPC Delivers "Hat-trick" Rate Cut; Shifts Stance to 'Neutral'** The Reserve Bank of India (RBI) today announced its bi-monthly monetary policy outcome, with significant decisions impacting the Indian economy. **Key Announcements & Insights
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"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
See MoreDaily Learnings... • 1y
Have studied about Monetary Policy in short and it's effect. The monetary policy is a tool through which the Reserve Bank of India (RBI) controls the money supply by controlling the interest rates. RBI is India’s central bank. While setting the int
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