India central bank the Reserve Bank of India RBI on Friday announced a reduction in repo rate by 25 basis points to 625 percent The repo rate is ...
RBI's MPC cuts repo rate by 25 basis points, providing relief on interest rates. Experts anticipate further cuts, citing ...
As the government cut the taxes for the middle class and now RBI bringing down the cost of borrowing, it augurs well for a strong consumption-led growth.
This marked the first rate reduction from the central bank in almost five years and this decision will translate into reduced ...
Image Source : PIXABAY The decision is aimed at enhancing trust in the financial sector.
The Standing Deposit Facility (SDF) rate remains unchanged at 6.5 percent, as do the Marginal Standing Facility (MSF) and ...
RBI’s 25-basis point rate cut comes at a time when the credit activities in the economy have been slowing down and loans to ...
In a significant policy shift, the Reserve Bank of India (RBI) cut the repo rate by 25 basis points to 6.25 per cent on ...
Economists expect another rate cut at the MPC's next meet in April, even as the depth of the ongoing rate cut cycle will be ...
Assuming the rate kicks in from April 1 after 12 EMIs of this loan have been paid, then one can get per-lakh interest savings of Rs 3002 from the rest of the year.
The RBI's decision to lower the repo rate for the first time in five years seeks to stimulate economic growth while keeping ...
The Reserve Bank of India (RBI) announced the launch of two domains: '.bank.in' for all Indian banks and 'fin.in' for NBFCs ...