Experts are optimistic that the 25 bps cut—the first in nearly five years—will make borrowing cheaper and spur the demand for ...
“The rate cut, coupled with recent liquidity-boosting measures, is expected to drive fresh investments and kick-start the consumption cycle. Sectors such as banking, auto, FMCG, consumer durables, ...
RBI Cuts Repo Rate for the First Time in Five Years Reserve Bank of Indias Monetary Policy Committee decided to reduce the ...
The Reserve Bank of India (RBI) announced a 25 basis point cut in the repo rate, bringing it down to 6.25%, marking the first reduction in five years. The real estate sector has welcomed the move, ...
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