RBI has announced a 25-bps rate cut in policy repo rate in its latest Monetary Policy Committee (MPC) meeting. The repo rate has been reduced from 6.5% to 6.25%. The central bank has also maintained ...
The rate pivot by the MPC is a welcome measure, which will give markets some confidence that the RBI is also committed to ...
The Reserve Bank of India seeks to boost the sluggish economy and sees inflation easing towards its 4% target.
NEW DELHI, Feb. 7 (Xinhua) -- India's central bank, the Reserve Bank of India (RBI), on Friday announced a reduction in repo rate by 25 basis points to 6.25 percent. The repo rate is the rate at which ...
India’s economic growth is expected to remain robust in the financial year 2025-26, with real GDP projected to expand by 6.7% ...
The Reserve Bank of India announced a 25 basis point cut in the repo rate, now at 6.25%, the first reduction in five years.
Its inflation targeting mandate does not allow it to do so. Besides, rate easing will exacerbate inflation without addressing ...
In the last MPC meet held in December, the RBI, led by former governor Shaktikanta Das, had decided to keep the repo rates ...
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With the government’s focus on fiscal consolidation, experts anticipate the RBI will announce a 25 bps rate cut on February 7 ...
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The Reserve Bank had last reduced the repo rate by 40 basis points to 4 per cent in May 2020 to help the economy tide over ...
The markets are optimistic about a rate cut in February 2025, but RBI has been playing its cards close to its chest ...
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