The RBI Governor Sanjay Malhotra delivered the first interest rate cut in nearly five years. The RBI MPC reduced the repo ...

HDFC Bank has increased its overnight MCLR by 5 basis points to 9.20%, effective February 7, 2025, while other tenures remain ...

However, some banks acknowledged the short-term impact on their profitability, with expectations of eventual recovery ...

The Reserve Bank of India’s monetary policy committee (MPC) today unanimously slashed the repo rate by 25 basis points to ...

With a reduction in the repo rate and an expected recovery in industrial activity and robust household consumption, the RBI ...

A recent poll of economists, bank treasury heads, and market experts by Moneycontrol had also showed that majority expect the ...

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The RBI has reduced the repo rate by 25 basis points to 6.25%, maintaining a neutral stance. Governor Sanjay Malhotra said ...

Reserve Bank of India (RBI) governor Sanjay Malhotra has announced the Monetary Policy Committee has cut the benchmark repo ...

During its December 2024 meeting, the RBI kept repo rate unchanged at 6.5 per cent for the 11th consecutive time due to ...

After nearly five years, the RBI has cut the repo rate, bringing relief to home loan borrowers and expected to ease borrowing ...

The repo rate (repurchase rate) is the interest rate at which the central bank lends money to commercial banks when there is a shortage of funds.