RBI MPC cuts repo rate by 25 basis points to 6.25% to boost economy: Governor Sanjay Malhotra
RBI Governor Sanjay Malhotra has announced that the Monetary Policy Committee (MPC) has decided to cut the benchmark repo rate by 6.5%
RBI cuts repo rate to 6.25% after two years, cites slowing growth and easing inflation
Monetary Policy Committee cuts repo rate by 25 basis points to 6.25% due to easing inflation and slowing growth.
RBI MPC meeting outcome: Central bank slashes repo rate by 25 bps, first cut in nearly five years
The central bank’s Monetary Policy Committee (MPC) reduced the repo rate by 25 basis points to 6.25 per cent, after having kept it unchanged for eleven straight meetings
RBI MPC cuts repo rate for first time in 5 years: Governor Sanjay Malhotra administers a growth pill with 25 bps rate cut
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.
RBI MPC Live Updates: Governor Sanjay Malhotra To Announce Decision On Repo Rate Shortly
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RBI decides to cut repo rate by 25bps
The Monetary Policy Committee (MPC) has decided to cut the benchmark repurchase rate (repo rate) by 25 basis points to 6.25%. To note, this is the first such rate cut since the one in May 2020, during the tenure of Shaktikanta Das.
BREAKING: RBI cuts repo rate by 25 basis points to 6.25%
T he Reserve Bank of India (RBI) on Friday announced a 25 basis points (bps) cut in the policy repo rate, with the Monetary Policy Committee (MPC) voting unanimously in favour of the decision. The MPC also decided to maintain a ‘neutral’ stance while reiterating its commitment to bringing inflation within the target range on a durable basis.
India cuts policy rate for the first time in nearly five years, new central bank governor Malhotra says
The Reserve Bank of India has cut its key interest rate for the first time in nearly five years, as cooling inflation has offered room to stimulate the slowing economy. The Monetary Policy Committee decided to trim the repo rate by 25 basis points to 6.
Rate-sensitive sectors extend gains after RBI cuts repo rates by 25 bps
Rate-sensitive sectors like banking, automobiles, real estate and consumer durables reacted positively to the Reserve Bank of India's decision to cut repo rates by 25 basis points. The RBI's quarter-sized rate cut was a move that the markets had widely expected and priced in.
RBI Monetary Policy Feb 2025 LIVE Updates: Sanjay Malhotra announces 25-bps reduction in repo rate, decision unanimous; stance 'neutral'
RBI Governor Sanjay Malhotra will be announcing key decisions made by the all-powerful Monetary Policy Committee (MPC) at 10 am today. This is the first policy review under the new RBI chief, who took the helm as the 26th Governor of the banking regulator in December,
India's central bank delivers first rate cut in nearly 5 years
The Reserve Bank of India (RBI) cut its key repo rate for the first time in nearly five years on Friday to provide stimulus to the sluggish economy, which is expected to grow at its slowest pace in ...
RBI cuts repo rate by 25 basis points, announces governor Sanjay Malhotra
The RBI may have taken comfort from the tax cuts proposed in the Budget, which will offer some relief to the common man ...