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During the global financial crisis, the repo rate skyrocketed to 9.00% in July 2008, the highest in recent history. The economy was battling runaway inflation, and RBI wasn't playing around.
State Bank of India has cut its Repo Linked Lending Rate by 25 basis points to 8.25%, effective April 15, 2025, following RBI's repo rate reduction. SBI's External Benchmark Based Lending Rate is also ...
The Reserve Bank of India (RBI) has cut the benchmark repo rate by 25 basis points, bringing it down from 6.25 per cent to 6 per cent. The announcement was made following a three-day meeting of ...