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RBI cuts repo rate
India's central bank cuts repo rate for first time in nearly 5 years
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.
Rationale behind RBI’s repo rate cut by 25 bps, possible impact on interest rates, investment and consumption
EMIs on home and vehicle loans will come down, making it easier for individuals to repay their debts. A lower repo rate makes borrowing cheaper for individuals and businesses, which can lead to increased spending and investment.
RBI Repo Rate | How RBI Rate Cut Could Benefit The Common Man?
Home, auto, and other loans are likely to see a drop in interest rates after the Reserve Bank of India cut the key benchmark rate on Friday. The Monetary Policy Committee, headed by the new RBI Governor Sanjay Malhotra,
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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 ...
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on 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 ...
The Week
21h
Realtors eye demand boost post RBI repo rate cut, but quick transmission will be key for borrowers
Recently, the Reserve Bank of India has cut the repo rate to 6.50 per cent after leaving it unchanged for 11 consecutive ...
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