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RBI MPC’s rate cut

Reactions to RBI repo rate cut

The Reserve Bank of India (RBI) reduced its key repo rate on Friday for the first time since May 2020, aiming to provide stimulus to the sluggish economy, which is projected to grow at its slowest pace in four years during the current fiscal year.

The Financial Express · 10h

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.

Live Mint on MSN · 3m

RBI MPC’s rate cut: A steady debut

Today’s monetary policy reflects a steady state of thinking at RBI. Today’s rate cut continued the MPC pivot to the “neutral” stance in October and the CRR cut in December.

India's central bank to cut rates to boost economy

Hosted on MSN · 12h

Indian banks needs more than a rate cut to boost lending, bankers say

The Reserve Bank of India's (RBI) first interest rate cut in nearly five years will not be enough to spur loan growth since the tight liquidity conditions will prevent banks from passing on the benefits,

U.S. News & World Report · 21h

India's Central Bank Delivers First Rate Cut in Nearly 5 Years

MUMBAI (Reuters) - The Reserve Bank of India (RBI) cut its key repo rate on Friday for the first time since May 2020 to provide stimulus to the sluggish economy, which is expected to grow at its slowest pace in four years in the current fiscal year.

Channel NewsAsia Singapore · 58m

India central bank cuts key rate for first time in nearly five years to spur economy

India's central bank has cut the key repo interest rate at which it lends to commercial banks by a quarter point to 6.25%. It's India's first rate cut in almost five years, but one widely expected from the Reserve Bank of India's new governor.

15h

Rupee sidesteps RBI rate cut to end up but posts worst week in over 2 years

The Indian rupee strengthened on Friday after struggling for most of the week as global markets were jolted by fears of a ...

18hon MSN

CNBC Daily Open: Global central banks are lowering rates — the Fed might not be as inclined

Many economies seem to be settling into a lower-rate environment. That’s in stark contrast with the Federal Reserve, which ...

16h

RBI's repo rate cut welcomed by bank leaders, expected to ensure liquidity while monitoring inflation

However, some banks acknowledged the short-term impact on their profitability, with expectations of eventual recovery ...

RBI MPC Meeting Highlights: Central bank announces 25 basis points rate cut, Governor Sanjay Malhotra calls it 'symbolic'

The RBI has reduced the repo rate by 25 basis points to 6.25%, maintaining a neutral stance. Governor Sanjay Malhotra said ...

Press Trust of India on MSN10h

RBI's rate cut sets stage for further easing of interest rates in near term: India Inc

India Inc cheered the RBI's move to slash the benchmark interest rate for the first time in nearly five years on Friday and ...

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