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RBI cuts repo rate by 25 basis points, first rate cut since 2020
1 day ago · The Reserve Bank of India rate setting monetary policy committee (MPC) unanimously voted for a 25 basis points cut in the benchmark repo rate to 6.25%, in line with the market expectations. This is the first reduction in the repo rate since the extraordinary Covid induced rate cuts in 2020.
RBI MPC cuts repo rate for first time in 5 years: Governor Sanjay ...
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.
RBI's monetary policy committee cuts repo rate by 25 bps to 6.25%
1 day ago · The six-member monetary policy committee (MPC), which consists of three RBI and three external members, reduced the repo rate by 25 basis points to 6.25 per cent from 6.5 per cent. All six MPC members voted to cut the repo rate …
RBI MPC Meeting 2025: RBI cuts repo rate by 25 basis points to …
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.
RBI Repo Rate Cut by 25 bps Explained: Why the cut and will it …
1 day ago · RBI Repo Rate Cut by 25 bps Explained: After holding the repo rate at 6.50 per cent for two years, the Reserve Bank of India’s (RBI) six-member Monetary Policy Committee (MPC) reduced the key policy rate by 25 basis points (bps) to 6.25 per cent on Friday (February 7).This marks the first repo rate cut in nearly five years and will likely lead to a fall in interest rates and equated monthly ...
Reactions to RBI repo rate cut | Reuters
1 day ago · 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 ...
NSDP Display - Reserve Bank of India
Jan 24, 2025 · Welcome to the refurbished site of the Reserve Bank of India. The two most important features of the site are: One, in addition to the default site, the refurbished site also has all the information bifurcated functionwise; two, a much improved search – well, at least we think so but you be the judge.
Reserve Bank of India - Money Market Operation
Welcome to the refurbished site of the Reserve Bank of India. The two most important features of the site are: One, in addition to the default site, the refurbished site also has all the information bifurcated functionwise; two, a much improved search …
Repo Rate Meaning, Current Repo Rate, And History Of RBI Repo Rates …
Dec 19, 2024 · Repo Rate in its full form, or "REPO," stands for "Repurchasing Option" Rate. It's also known as the "Repurchasing Agreement." The Repo Rate, set by the Reserve Bank of India (RBI),...
RBI Monetary Policy|RBI MPC Meeting 2025 Highlights: Repo rate …
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
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