India's central bank cuts repo rate for first time in nearly 5 years
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.
India's Central Bank Delivers First Rate Cut in Nearly 5 Years
MUMBAI (Reuters) - The Reserve Bank of India (RBI) cut its key repo rate on Friday for the first time since May 2020 to provide stimulus to the sluggish economy, which is expected to grow at its slowest pace in four years in the current fiscal year.
India Central Bank Intervenes to Curb Speculative Rupee Bets
The Reserve Bank of India intervened in the foreign exchange market this week to curb speculation in the rupee, according to a person familiar with the central bank’s thinking, surprising traders who expected a more hands-off approach on the currency from the new governor.
Back-to-back heavy central bank interventions lift Indian rupee past 87/USD
The Indian rupee rose sharply on Tuesday, aided by the central bank's heavy-handed intervention, which also triggered stop losses for speculators betting against the currency.
Reserve Bank of India steps in to curb rupee speculation
The Reserve Bank of India (NSE:BOI) (RBI) took action in the foreign exchange market this week to limit speculation in the rupee, an unexpected move that caught traders off guard who anticipated a more laissez-faire stance from the new governor,
RBI cuts repo rate: SBI Chairman reveals when banks may reduce deposit rates
SBI Chairman CS Setty confirmed lending rate revision after RBI’s 25 bps repo rate cut. However, deposit rates may not ...
How FD Investors Can Maximize Returns After RBI’s Repo Rate Cut
Recently, the Reserve Bank of India (RBI) has reduced the repo rate by 25 basis points to 6.25 per cent from 6.50 per cent, ...
RBI's 25-bps repo rate cut: Should you go for special-rate FDs now?
February 6, the RBI cut repo rate by 25 basis points to 6.25 percent, which may impact depositors with likely lower fixed ...
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 ...
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What is repo rate, current repo rate, and history of RBI repo rates in India (2000 to 2025)
The term "reverse repo rate" refers to the interest rate that is paid on deposits. The Reserve Bank of India pays interest on deposits at the reverse repo rate, whereas the repo ...
Rationale behind RBI’s repo rate cut by 25 bps, possible impact on interest rates, investment and consumption
EMIs on home and vehicle loans will come down, making it easier for individuals to repay their debts. A lower repo rate makes ...
RBI's repo rate cut welcomed by bank leaders, expected to ensure liquidity while monitoring inflation
However, some banks acknowledged the short-term impact on their profitability, with expectations of eventual recovery ...
This Bank Revises Savings Account Interest Rates Post RBI Repo Rate Cut
The interest rates on savings accounts have been drastically reduced by RBL Bank, according to the banks official website.
News wrap: BJP wins Delhi, RBI’s 25 bps repo rate cut, cabinet nods I-T bill, Zomato renamed, Trump bans trans athletes
From February 2 to 8, significant events occurred, including the BJP’s victory in the Delhi Assembly Elections and the RBI’s ...
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RBI's Strategic Rate Cut Fuels Economic Revival
The Reserve Bank of India (RBI) has cut the repo rate by 25 basis points to 6.25%, the first cut since 2020, under new ...
Budget 2025, RBI repo rate cut: Debt mutual funds just got more tax efficient; check how
According to experts, investors who have invested in debt mutual funds may benefit from some significant tax-saving changes ...