Repo Rate Cut
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RBI Slashes Repo Rate By 25 Basis Points To 5.25%, Loans To Get Cheaper
The Reserve Bank of India (RBI) has slashed its repo rate by 25 basis points from 5.5% to 5.25%, the central bank's governor Sanjay Malhotra announced this morning.
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RBI Cuts Repo Rate To 5.50%: What This Means
The repo rate is the interest rate at which the RBI lends money to commercial banks.
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Banks Likely To Reduce Interest Rates After RBI's Repo Rate Cut: Report
With the RBI's 50 basis points cumulative reduction in policy rates since February this year, transmission of the rate cut by banks is expected in the coming quarters, according to an SBI report.
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Rift Within Central Bank RBI Widens Over Rate Cuts, Minutes Show
Data released after the RBI's decision showed inflation unexpectedly steadied at 3.3 percent in September from a year earlier.
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RBI Cuts Repo Rates By 0.25 per cent; Auto Loans Likely To Get Cheaper
Car loans are currently available at an average of 11 per cent interest and while we wait to find out by how much this rate is likely to go down by, the auto industry is definitely looking forward to a possible rate cut.
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RBI Could Make Loans Cheaper Today: 10 Things To Know
The Monetary Policy Committee, headed by Reserve Bank of India Governor Urjit Patel, is expected to announce a rate cut today. A sharp moderation in retail inflation over the past few months has brightened hopes for further monetary policy easing from the central bank, which changed its stance to neutral from accommodative at the start of the year....
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RBI Slashes Repo Rate By 25 Basis Points To 5.25%, Loans To Get Cheaper
The Reserve Bank of India (RBI) has slashed its repo rate by 25 basis points from 5.5% to 5.25%, the central bank's governor Sanjay Malhotra announced this morning.
-
RBI Cuts Repo Rate To 5.50%: What This Means
The repo rate is the interest rate at which the RBI lends money to commercial banks.
-
Banks Likely To Reduce Interest Rates After RBI's Repo Rate Cut: Report
With the RBI's 50 basis points cumulative reduction in policy rates since February this year, transmission of the rate cut by banks is expected in the coming quarters, according to an SBI report.
-
Rift Within Central Bank RBI Widens Over Rate Cuts, Minutes Show
Data released after the RBI's decision showed inflation unexpectedly steadied at 3.3 percent in September from a year earlier.
-
RBI Cuts Repo Rates By 0.25 per cent; Auto Loans Likely To Get Cheaper
Car loans are currently available at an average of 11 per cent interest and while we wait to find out by how much this rate is likely to go down by, the auto industry is definitely looking forward to a possible rate cut.
-
RBI Could Make Loans Cheaper Today: 10 Things To Know
The Monetary Policy Committee, headed by Reserve Bank of India Governor Urjit Patel, is expected to announce a rate cut today. A sharp moderation in retail inflation over the past few months has brightened hopes for further monetary policy easing from the central bank, which changed its stance to neutral from accommodative at the start of the year....
