RBI cuts repo rate by 25 bps to 6.25% after 5 yrs

RBI’s 25bps rate cut good, but is it enough to boost housing demand?
Realtors’ apex body CREDAI on Friday said the RBIs decision to cut benchmark lending rate by 25 basis points might have limited direct impact and sought further reduction in the next monetary policy meet for stronger impetus to housing demand.
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.
RBI cuts repo rate by 25 bps to 6.25% after 5 yrs; industry welcomes move
The Reserve Bank of India (RBI) on Friday reduced the repo rate by 25 basis points from 6.5% to 6.25% in another step to boost the economy, media reports said.
RBI cuts interest rates for 1st time in 5 years; loan EMI to come down
The RBI under new Governor Sanjay Malhotra on Friday cut interest rate for the first time in nearly five years as the central bank pivoted the policy stance to support a shuttering economy.
RBI cuts repo rate by 25 basis points to 6.25%, first time in 5 years
On Friday, the Reserve Bank of India’s (RBI) six-member Monetary Policy Committee (MPC) reduced the repo rate, the rate at which the RBI lends to commercial banks by 25 basis points, bringing it down to 6.
MPC Meeting Today, Experts Predict Central Bank Likely To Slash Repo Rate
The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) is set to announce its first monetary policy under new Governor Sanjay Malhotra on Friday. Experts anticipate that the central ba
Reserve Bank of India Invites Applications For Vacant Posts. Details
The RBI is looking to hire people for engagement of Medical Consultant on contract basis with fixed hourly remuneration at ...
Reserve Bank of India ombudsman resolves 95% of complaints in FY24
The Reserve Bank of India (RBI) resolved 95 per cent of complaints received under the Reserve Bank-Integrated Ombudsman ...
Complaints against banks, NBFCs jump a third in FY24: RBI
Complaints against banks and NBFCs surged by about a third in FY24 as the RBI focused on improving consumer grievance ...
RBI Ombudsman scheme sees 32.81% surge in bank customer complaints to 9.34 lakh
The Reserve Bank’s Integrated Ombudsman Scheme saw a staggering 32.81 per cent surge in complaints from banking customers, ...