RBI Repo-Rate Cut, First in Five Years, Spawns Celebratory Middle-Class Memes
A week after the 2025 Union Budget introduced an exemptive, new tax regime, India’s middle-class has another reason to celebrate: the first repo-rate cut in five years.The Reserve Bank of India (RBI) has announced a 0.
RBI repo rate cut, coupled with tax sops in Budget, could boost consumption
Experts are optimistic that the 25 bps cut—the first in nearly five years—will make borrowing cheaper and spur the demand for consumer durables, automobiles and homes
Reactions to RBI repo rate cut
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.
India's Central Bank Cuts Repo Rate for First Time in Nearly 5 Years
(Reuters) -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 Rate Cut Boosts India's Economic Growth
RBI's decision to cut interest rates for the first time in five years is expected to stimulate economic growth in India, according to industry leaders. The rate cut complements recent budget measures and sets the stage for further easing of interest rates in the near term.
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 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.
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RBI rate cut cycle to be shallow, another 25 bps cut expected: ICRA’s Aditi Nayar
Aditi Nayar, Chief Economist at ICRA said that there could be some liquidity tightness in March due to advanced tax collections and seasonal increases in currency demand.
Rupee sidesteps RBI rate cut to end up but posts worst week in over 2 years
The Indian rupee strengthened on Friday after struggling for most of the week as global markets were jolted by fears of a ...
Private investment cycle to gain momentum post consumption boost in budget, RBI rate cut: FM Sitharaman
Finance minister Nirmala Sitharaman expects a revival in private investments, citing early signs of consumption growth. She ...
India's central bank cuts rates for the first time in nearly five years, forecasts faster growth next year
The Reserve Bank of India has cut its key interest rate for the first time in nearly five years, as cooling inflation has ...
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India not targeting any price band for rupee, says Central Bank Governer after rate cut
India's central bank (RBI) is not targeting any price band for the Indian rupee and focusing more on curbing excess ...
RBI Joins Global Rate Cut Trend: How India Compares With Other Economies?
The RBIs 25 basis-point rate cut is consistent with the global monetary easing trend, which aims to boost economic expansion.
India's Central Bank Delivers First Rate Cut in Nearly 5 Years
MUMBAI (Reuters) - The Reserve Bank of India (RBI) cut its key repo rate on Friday for the first time since May 2020 to ...
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RBI MPC Meeting Live Updates: Nifty 50 below 23,600, Sensex fall 200 points on repo rate cut
The former revenue secretary in the Ministry of Finance, Malhotra is expected to announce the cuts to lower interest rates ...