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The Reserve Bank of India (RBI) on April 9, 2025, cut the repo rate by 25 basis points (bps), bringing it down from 6.25 per cent to 6 per cent during the meeting of the Monetary Policy Committee ...
The central bank has not only slashed the repo rate but also shifted its policy stance from 'neutral' to 'accommodative', signaling a willingness for further rate cuts to bolster economic growth ...
The RBI Governor said that the decision to cut the repo rate has been taken unanimously by the Monetary Policy Committee (MPC) keeping in mind the macroeconomic and financial conditions and outlook.
The repo rate is the Reserve Bank of India’s magic wand—a powerful tool that influences everything from your loan EMI to how expensive your groceries are. Let’s break it down: “Repo rate ...
Most home loan rates are linked to the external benchmark rate (EBR), which means the 25 basis point reduction would be transmitted to your home loan rate soon. With 50 basis points cut in repo ...
If it cuts the repo rate again on Wednesday this will be the second consecutive rate cut and will take the key policy rate to 6 %. The first repo cut was delivered in the February meeting and came ...
The Reserve Bank of India (RBI) has further reduced the repo rate to 6% following the first Monetary Policy Committee meeting of FY26. This second consecutive rate cut aims to control inflation ...
The Reserve Bank of India (RBI) has today announced the repo rate cut by 25 bps to 6 per cent. Cutting the repo rate is generally seen as a signal that borrowing costs will go down, resulting in ...
Despite the RBI mandating repo-linked rates in 2019, a large number of borrowers still have loans linked to older benchmarks. (Image: Freepik) As widely expected, the Reserve Bank of India (RBI ...