The RBI's MPC decided to reduce the benchmark repo rate by 25 basis points (bps) to 6.25% from 6.5%. This was the first reduction in repo rate in nearly five years. The MPC also decided ...

The Reserve Bank of India (RBI) Governor Sanjay Malhotra in his first Monetary Policy Committee meeting today is expected to cut rates by 25 basis points (bps), as per a report by SBI Research. RBI is ...

The RBI under new Governor Sanjay Malhotra on Friday cut interest rate for the first time in nearly five years as the central bank pivoted the policy stance to support a shuttering economy.

RBI in a major decision has reduced the benchmark repo rate by 25 basis points (bps) to 6.25% from 6.5%. This is the first-rate cut in nearly 5 years, with the last reduction done in May 2020. After ...

With the Monetary Policy Committee (MPC) unanimously maintaining a "neutral" stance, the Reserve Bank of India (RBI) on Friday announced that it cut the key repo rate for the first time in almost five ...

The Reserve Bank has cut the repo rate to 6.25% — the interest rate at which the central bank lends money to commercial banks — for the first time in nearly five years. The 25 basis points ...

However, it kept the benchmark repo rate unchanged at 6.5 per cent. (ANI) (The story has come from a syndicated feed and has not been edited by the Tribune Staff.) ...

On Friday, February 7, the Reserve Bank of India decided to use its scissors, now rusty, to cut the repo rate or the country's interest rate, by 25 basis points, bringing it down to 6.25 per cent ...

The Reserve Bank of Indias (RBI) six-member Monetary Policy Committee (MPC) Friday cut the repo rate the rate at which the RBI lends to other banks by 25 basis points to 6.25 per cent, after keeping ...

The committee decided to reduce the key repo rate by 25 basis points to 6.25 per cent, effective immediately. The RBI will continue with a neutral monetary policy stance. The standing deposit facility ...

In a major relief for borrowers, the Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) announced a 25 basis point (bps) cut in the repo rate, reducing it from 6.5% to 6.25%.