1 day ago · The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC), led by newly appointed Governor Sanjay Malhotra, announced a 25-basis-point cut in the repo rate to 6.25 per cent on Friday. Governor Malhotra announced the …

1 day ago · The Reserve Bank of India’s monetary policy committee (MPC) today unanimously slashed the repo rate by 25 basis points to 6.25% after keeping the key policy rate unchanged at eleven consecutive meetings. The MPC also decided unanimously to continue with the 'neutral' policy stance. Following today's rate cut, the first in nearly five years ...

1 day ago · RBI MPC Meeting Repo Rate: The RBI's Monetary Policy Committee, led by new Governor Sanjay Malhotra, cut the repo rate by 25 basis points to 6.25%, maintaining a neutral stance. This change follows eleven meetings with an unchanged rate. Additionally, the Cash Reserve Ratio was reduced to 4% in December to boost liquidity. The RBI projects 7.2% GDP growth for 2024-25.

1 day ago · The RBI's MPC decided to reduce the benchmark repo rate by 25 basis points (bps) to 6.25% from 6.5%. This was the first reduction in repo rate in nearly five years.

1 day ago · The six-member monetary policy committee (MPC) revised the repo rate for the first time in 2 years, voting unanimously to cut it by 25 basis points from 6.50% to 6.25% in view of easing retail ...

1 day ago · RBI Monetary Policy Meeting February 2025 Live Updates: The Reserve Bank of India (RBI) on Friday reduced the repo rate by 25 basis points to 6.25%, marking the first rate cut in nearly five years. This is the first reduction since May 2020, during the Covid pandemic. Between May 2020 and April 2022, the RBI kept the repo rate steady at 4%.

1 day ago · RBI MPC Meeting February 2025: The Reserve Bank of India’s (RBI) six-member Monetary Policy Committee (MPC) Friday cut the repo rate — the rate at which the RBI lends to other banks — by 25 basis points to 6.25 per cent. This is the first rate cut initiated by the RBI in five years, the last one being in May 2020. The repo rate, till now, stood at 6.5 per cent.

2 days ago · The six-member monetary policy committee (MPC) revised the repo rate for the first time in two years, voting unanimously to cut it by 25 basis points from 6.50% to 6.25% in view of easing retail ...

1 day ago · RBI MPC Meeting 2025 Highlights: Repo rate cut by 25 basis points to 6.25%, says RBI governor Sanjay Malhotra; GDP growth projected at 6.7% - loan EMIs likely to come down

Dec 6, 2024 · RBI Monetary Policy Meeting Highlights: The Monetary Policy Committee (MPC) led by RBI Governor Shaktikanta Das left the benchmark repo rate unchanged at 6.5% and policy stance ‘Neutral’. MPC...