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To provide ample liquidity to support the policy transmission, the central bank reduced the cash reserve ratio to 3% from 4%.
The bank's assessment suggested that the terminal repo rate will likely stabilise at 5.50 per cent, based on the assumption ...
A lower repo rate usually leads banks to reduce interest rates on loans to customers—impacting everything from home loans to ...
After Friday’s decision, the repo rate now stands at 5.5%, the lowest it has been since August 2022 when it was at 5.4%.
Punjab National Bank (PNB), one of Indias largest PSU lenders, has announced a sharp 50 basis points reduction in its lending ...
It said, "We believe that this stealth easing concludes the rate cutting cycle for now with terminal rate of 5.50 per ...
Union Bank of India's report suggests the RBI's recent actions signal the end of the interest rate cutting cycle, projecting ...
RBI’s rate cut lets homebuyers borrow more without raising EMIs. With a neutral stance, further cuts are unlikely, making it ...
In a bid to spur growth at a time when inflation has come under control, the Reserve Bank of India’s Monetary Policy ...
THE Reserve Bank of India (RBI) cutting its key repo rate by 50 basis points to 5.5 per cent is twice the reduction the ...
The Monetary Policy Committee (MPC) in a bold move surprised the markets with “all guns blazing” rate cuts to propel economic ...
India's central bank has taken investors by surprise with a larger-than-expected slash to interest rates, while making it easier for banks to lend money. The Reserve Bank of India lowered its key repo ...