RBI Cuts Key Lending Rate By 25 Basis Points To 6.25 Per Cent, First Reduction Since May 2020
The Reserve Bank of India (RBI) has reduced its key repo rate for the first time in nearly five years. The decision to cut the rate by 25 basis points, from 6.5 per cent to 6.25 per cent, was announced this morning (7 February) by RBI Governor Sanjay Malhotra in his first key address since assuming the role in December.
RBI Cuts Repo Rate for the First Time in Five Years Reserve Bank of Indias Monetary Policy Committee decided to reduce the ...
At last. After dodging interest rate cuts for five years, the Reserve Bank of India acted in deference to its new policy ...
The Reserve Bank's tough decision of a 25-basis points rate cut tilts towards stimulating consumption over currency stability ...
Repo rate cut leads to cheaper loans and increased money supply, benefiting common people with lower interest rates. Details ...
The Reserve Bank of India cut its policy rate for the first time in nearly five years as economic growth slows and inflation ...
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