The repo rate, set by the RBI, influences borrowing costs for banks. A higher repo rate raises FD interest rates, attracting ...
On Friday, the RBI's Monetary Policy Committee (MPC) reduced interest rates by 25 basis points, bringing the rate down to ...
However, some banks acknowledged the short-term impact on their profitability, with expectations of eventual recovery ...
The Reserve Bank of India announced a 25 basis point cut in the repo rate, now at 6.25%, the first reduction in five years.
Why the RBI’s Monetary Policy Committee (MPC) decision to reduce the Repo rate is relevant to the UPSC exam? What is the ...
The decision by RBI on Friday to reduce its key rate for the first time in five years comes less than a week after the ...