RBI cuts repo rate by 25 bps to 6.25% after 5 yrs

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.
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.
RBI rate cut cycle to be shallow, another 25 bps cut expected: ICRA’s Aditi Nayar
Aditi Nayar, Chief Economist at ICRA said that there could be some liquidity tightness in March due to advanced tax collections and seasonal increases in currency demand.
RBI Lowers Bank Rate to 6.50%, Adjusts Penal Interest Rates
Reserve Bank of India (RBI) has reduced the Bank Rate by 25 basis points, lowering it from 6.75% to 6.50%, effective immediately. This revision follows the announcement in the Monetary Policy Statement for 2024-25 on February 7,
How Do RBI's Repo Rate Cuts Affect The Real Estate Sector? Here Is What Industry Experts Had To Say
After the Union Budget, the RBI did the job of aiding expenditure and consumption by cutting the benchmark interest rates on February 7. The central bank, under its new governor Sanjay Malhotra, cut the repo rate by 25 basis points,
Foreign banks, brokerages see RBI cutting rates by another 25 basis points in April
Foreign banks and brokerages anticipate RBI to cut repo rate by 25 bps in April, with focus on liquidity and growth.
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.
India's central bank cuts rates for the first time in nearly five years, forecasts faster growth next year
The Reserve Bank of India has cut its key interest rate for the first time in nearly five years, as cooling inflation has offered room to stimulate the slowing economy. The central bank forecast real GDP growth for next fiscal year at 6.7%, and inflation rate at 4.2%.
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 cuts repo rate by 25 bps to 6.25% after 5 yrs; industry welcomes move
The Reserve Bank of India (RBI) on Friday reduced the repo rate by 25 basis points from 6.5% to 6.25% in another step to boost the economy, media reports said.
RBI cuts repo rate by 25 basis points to 6.25%, first time in 5 years
On Friday, the Reserve Bank of India’s (RBI) six-member Monetary Policy Committee (MPC) reduced the repo rate, the rate at which the RBI lends to commercial banks by 25 basis points, bringing it down to 6.
Another rate cut expected by April if inflation remains favourable: SBI
The Reserve Bank of India remains committed to long-term price stability and economic growth, with analysts predicting a ...
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 ...
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 ...
New RBI Guv debuts with a rate cut & ‘appropriate’ liquidity; delivers a correct combo of change & continuity
The RBI’s policy, marked by restrained dovishness, balanced the need for a rate cut with cautious liquidity assurances, ...
Banks get breathing space as RBI defers key proposals to next year
A clutch of key regulations was to come into force in the next few months. These include asking banks to set aside a higher ...