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In a surprise move, the RBI slashed the repo rate by 50 basis points to 5.5%, exceeding expectations. This decision, driven ...
The Reserve Bank of India (RBI) announced its bi-monthly monetary policy today, slashing rates by a whopping 50 bps to 5.50%.
RBI governor Sanjay Malhotra-led Monetary Policy Committee (MPC) announced a 50 basis points cut in repo rate today to 5.5% from 6%. Experts had widely expected the RBI-led MPC to cut repo rate by ...
The RBI Governor Sanjay Malhotra-led MPC cut the repo rate by 50 basis points (bps) to 5.50% from 6.00%. This was RBI’s third consecutive repo rate cut.
The RBI Governor-headed Monetary Policy Committee is due to announce a key repo rate decision at 10 am on June 6. Most ...
The mega rate cut comes as retail inflation has softened significantly below the RBI's medium term target of 4%.
As the Reserve Bank of Indias MPC meeting is likely to cut repo rate, here is how repo rate will impact your FD rates. Heres ...
Canara Bank has announced a reduction in Repo Linked Lending Rate (RLLR) from 8.75 per cent to 8.25 per cent (applicable on ...
This decision comes as inflation remains comfortably below the RBI’s medium-term target of 4 per cent, providing space for a ...
Suppose if you have a home loan of Rs 50 lakh for a 20-year term, and you are paying an interest rate of 6%. With this setup, ...
Investors believe the cut will reduce borrowing costs, boosting demand for housing and vehicles while also improving margins ...