RBI under new Governor cuts interest rate for first time in 5 years
Home, auto and other loans are likely to see a drop in interest rates after the Reserve Bank of India under a new Governor cut the key benchmark rate on Friday for the first time in almost five years
Reactions to RBI repo rate cut
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.
Home, other loans to become cheaper as RBI under new Guv cuts rate after 5 years
Home, auto and other loans are likely to see a drop in interest rates after the Reserve Bank of India under a new Governor cut the key benchmark rate on Friday for the first time in almost five years
Big relief for home loan borrowers as RBI cuts repo rate by 25 bps
The Reserve Bank of India (RBI) on Friday reduced the repo rate (RR) by 25 basis points (bps) to 6.25 per cent from 6.5 per cent following its first monetary policy review of the year. This policy decision marks the first Monetary Policy Committee (MPC) meeting chaired by new RBI Governor Sanjay Malhotra.
RBI cuts repo rate by 25 bps to 6.25% in first policy review under Governor Sanjay Malhotra
Mumbai: In his first Monetary Policy announcement on Friday, Reserve Bank of India (RBI) Governor Sanjay Malhotra stated that the Monetary Policy Committee (MPC) had unanimously decided to reduce the policy rate by 25 basis points (bps) from 6.5 per cent to 6.25 per cent.
India Cuts Interest Rates For First Time Since 2020
The Reserve Bank of India reduced its key interest rates for the first time in nearly five years as the newly appointed governor
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RBI's New Chief Eases Pressure on Banks with Liquidity Ratio Delay
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India central bank to stagger new banking regulations for smooth transition, governor says
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Press Trust of India on MSN14h
RBI governor hints at climb down on detrimental regulatory moves; defers LCR rules by a year
Malhotra's predecessor Shaktikanta Das had adopted a more stern approach when it comes to regulatory actions with the focus on financial stability. Banks and some analysts had feared that many of ...
RBI MPC decision reflects delicate balance between economic growth and price stability
This calculated move is expected to catalyse credit growth across sectors, particularly benefiting SMES whilst providing much ...
RBI MPC meeting: Date, time, where & how to watch Governor Sanjay Malhotra’s live stream
RBI Governor Sanjay Malhotra is set to announce the outcome of the two-day meeting on February 7, 2025, at 10:00 AM.