What Is Repo Rate And How Does It Impact? RBI Cuts Interest Rates, Repo Rate Reduced By 25 bps To 6.25%
In addition to the repo rate cut, the Standing Deposit Facility (SDF) and Marginal Standing Facility (MSF) rates have also been reduced by 25 bps to 6% and 6.5%, respectively. The bank rate has also been adjusted to 6.5%.
RBI cuts repo rate by 25 bps! Your bank will slash fixed deposit rates now? Check what top banks are offering on FDs
The repo rate, set by the RBI, influences borrowing costs for banks. A higher repo rate raises FD interest rates, attracting deposits, while a lower rate reduces FD returns by making borrowing cheaper.
Test your knowledge on the RBI’s repo rate with these GK questions and answers! Learn about the latest RBI rate cut, and its ...
The decision by RBI on Friday to reduce its key rate for the first time in five years comes less than a week after the ...
The Reserve Bank of India cut its policy rate for the first time in nearly five years as economic growth slows and inflation ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback