RBI cuts repo rate by 25 bps! Your bank will slash fixed deposit rates now? Check what top banks are offering on FDs
The repo rate, set by the RBI, influences borrowing costs for banks. A higher repo rate raises FD interest rates, attracting deposits, while a lower rate reduces FD returns by making borrowing cheaper.
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RBI MPC Meeting 2025 Highlights: RBI Governor Sanjay Malhotra-led MPC delivers first repo rate cut in 5 years
The RBI is expected to encounter a trilemma encompassing tighter liquidity conditions, depreciating rupee and heightened geopolitical uncertainty. Economists expect RBI to begin monetary easing cycle and announce its first repo rate cut in five years.
Auto industry welcomes RBI rate cut, expecting positive impact on sector with increased accessibility and affordability for ...
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 ...
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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