The repo rate cut is expected to lower interest rates on loans, particularly benefiting homebuyers and other borrowers.

The move to cut the repo rate comes a week after Budget 2025 proposed making normal income up to Rs 12 lakh tax-free ...

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.

Banks will pass on the rate cut benefit to those existing borrowers who took loans under the repo rate-linked floating interest rate system.

The repo rate, set by the RBI, influences borrowing costs for banks. A higher repo rate raises FD interest rates, attracting ...

While new borrowers can expect banks to revise their rates soon, existing borrowers will typically see the benefit at their ...

RBI Monetary Policy Meeting February 2025 Live Updates: The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) ...

The RBI MPC reduced key lending rates by 25 basis points to 6.25%, the first rate cut in nearky five years under the leadership of newly appointed RBI Governor Sanjay Malhotra.

The stock market went into the red upon opening as trading began on Friday, February 7, the day the new Reserve Bank of India ...

Delivering his first monetary policy statement as RBI Governor, Sanjay Malhotra said, "Uncertain global environment poses ...

Indian blue-chip indices Sensex and Nifty opened slightly lower on Friday ahead of the Reserve Bank of India's monetary policy decision. The central bank is widely anticipated to cut interest rates to ...

This is the first meeting of the panel under the leadership of RBI Governor Sanjay Malhotra, who assumed office in December ...