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. The 25 ...
RBI Monetary Policy Meeting February 2025 Live Updates: The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) ...
The former revenue secretary in the Ministry of Finance, Malhotra is expected to announce the cuts to lower interest rates ...
The rate cut can be viewed as a positive for lenders having a higher share of fixed rate portfolio, especially credit card issuers, vehicle financiers and gold financiers.
Let’s take a look at an example as to how your existing home loan under floating interest rate system may change. Say you ...
After cutting the cash reserve ratio (CRR) by 50 bps from 4.5% of NDTL, to 4.0% of NDTL in the December 2024 policy, the RBI ...
In relief for borrowers, the Reserve Bank of India reduced the policy rate by 25 bps; first cut in almost five years ...
The Reserve Bank of India has reduced the repo rate by 25 basis points to 6.25%, aimed at boosting economic growth and easing ...
After nearly five years, the RBI has cut the repo rate, bringing relief to home loan borrowers and expected to ease borrowing ...
That the monetary stance is kept at `neutral' and that MPC would assess the situation at ‘each meet before taking action ...
The policy announcement comes ahead of Budget 2025-26, where the finance minister has reaffirmed the government’s fiscal ...
RBI Governor Sanjay Malhotra said the MPC has also unanimously decided to continue with a neutral stance and will focus on ...