The RBI Governor Sanjay Malhotra delivered the first interest rate cut in nearly five years. The RBI MPC reduced the repo ...

RBI Monetary Policy Meeting February 2025 Live Updates: The Reserve Bank of India (RBI) on Friday reduced the repo rate by 25 ...

Reserve Bank of India cuts key interest rate for the first time in 5 years, leading to lower home, auto and other loan rates.

Even with a modest interest rate reduction, a borrower who takes out a loan for a home of Rs 30 lakh over 20 years saves a ...

“The rate cut, coupled with recent liquidity-boosting measures, is expected to drive fresh investments and kick-start the consumption cycle. Sectors such as banking, auto, FMCG, consumer durables, ...

Home, auto and other loans are likely to see a drop in interest rates after the Reserve Bank of India under a new Governor ...

This has been achieved by letting the rupee become more market determined and mitigating the tightness in liquidity ...

The Reserve Bank of India (RBI) has reduced the policy repo rate under the Liquidity Adjustment Facility (LAF) by 25 basis points, bringing it down from 6.50% to 6.25%, effective immediately. This ...

Conversely, a lower repo rate usually results in lower interest rates on loans such as home loans, car loans, and personal loans ...

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 ...

The central bank maintained its growth projections, forecasting a GDP growth rate of 6.6 percent for FY25 and 6.7 percent for FY26. Malhotra explained that the current focus on growth stems from ...