The Reserve Bank of India (RBI) will likely cut repo rate by up to 100 basis points (bps) more in the current easing cycle, economists say. The RBI, under Governor Sanjay Malhotra, has cut repo ...

The Reserve Bank of India (RBI) on April 9, 2025, cut the repo rate by 25 basis points (bps), bringing it down from 6.25 per cent to 6 per cent during the meeting of the Monetary Policy Committee ...

The Reserve Bank of India slashed key interest rate by 25 basis points last week for the second time in a row to support growth facing the threat of reciprocal tariffs by the US (Photo: PTI) The ...

With both conditions now met, banks have taken the cue from the Reserve Bank of India's (RBI) repo rate cut of 25 basis points (bps) last week. While the liquidity surplus stood at ₹2.08 ...

ICICI Bank on Saturday reported a standalone net profit of ₹12,630 crore for the three months through March, up 18% from the same period last year. It beat Bloomberg’s consensus estimate of ...

It determines the lower limit of the interest rate for a loan and is binding unless revised by the Reserve Bank of India. Introduced by the RBI in 2016, the MCLR is used for various floating-rate ...

The RBI's Monetary Policy Committee (MPC) on April 9 announced a 25-basis-point (bps) cut in the repo rate, reducing it from 6.25 per cent to 6 per cent. This marked the second consecutive rate ...

Earlier this month, the Reserve Bank of India (RBI) once again opted to reduce the repo rate by 25 basis points, bringing it down to 6%. This second successive cut by the central bank comes right ...

On April 9, RBI’s monetary policy committee cut the repo rate by 25 basis points to 6%, its second consecutive reduction, bringing the total rate cut to 50 basis points over the past two months.

The bank's repo-linked lending rate (RLLR) has now been reduced from 9.05 per cent to 8.80 per cent. State-owned Bank of Maharashtra (BoM) has announced reduction in lending rate linked to repo ...

Bank of Maharashtra reduced the repo rate-linked rate from 9.05 per cent to 8.8 per cent. 2 years 11 months: Cut by 35 basis points 4 years 7 months: Cut by 40 basis points Last Wednesday, April 9, ...

New Delhi: The RBI has already embarked on a rate cutting ... cut in each of the June and August policy meetings, taking the repo rate down to 5.5 per cent this fiscal (FY26).