India's Central Bank Cuts Repo Rate for First Time in Nearly 5 Years
(Reuters) -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.
A day after repo rate cuts were announced during RBI MPC Meet, Governor Sanjay Malhotra said, "Rate cut should help support ...
Get the latest updates on the RBI Monetary Policy Meeting 2025, where the Reserve Bank of India has announced a historic repo ...
The key event comes after the Union Budget last Saturday, which unveiled tax sops worth Rs 1 lakh crore to boost consumption.
The MPC’s decision to reduce borrowing costs complements these efforts, making credit more accessible to businesses and ...
RBI MPC retained India's Consumer Price Inflation (CPI) forecast for the financial year 2025 at 4.8 per cent. For the next ...
NDTV Profit, in its weekly news wrap, brings you the major events shaping businesses, industries and global markets.
The Reserve Bank of India’s first Monetary Policy Committee (MPC) meeting of 2025 is set to take place from February 4 to ...
Rate-sensitive sectors reacted mixed after RBI’s 25 basis points repo rate cut to 6.25%. The BSE Sensex fell 328 points, ...
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