The repo rate cut is expected to lower interest rates on loans, particularly benefiting homebuyers and other borrowers.
It was widely anticipated that the RBI will deliver a rate cut and, hence, the market has not reacted much to the rate cut, ...
ITC fell 2.07% to Rs 432.25 after the company reported 1.2% rise in net profit to Rs 5,638 crore on a 8.6% increase in net revenue to Rs 17,726 crore in Q3 FY25 as compared with Q3 FY24.
RBI Governor Sanjay Malhotra has announced that the Monetary Policy Committee (MPC) has decided to cut the benchmark repo ...
Reserve Bank of India (RBI) governor Sanjay Malhotra has announced the Monetary Policy Committee has cut the benchmark repo rate by 26 basis points.
The RBI's MPC, in a unanimous decision, lowered the repo rate in a bid to stimulate economic activity by making borrowing cheaper, thereby encouraging spending and investment.