MUMBAI: The Reserve Bank of India (RBI) cut its key repo rate for the first time in nearly five years on Friday (Feb 7) and ...

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

All six members voted unanimously for the rate cut while maintaining a neutral stance. The rate cut comes even as the past ...

The rate cut is expected to bring relief to borrowers, as banks are likely to lower lending rates on home, auto and education ...

The monetary policy committee on Friday cut the policy interest rate by 25 basis points to 6.25% to support growth. At a post ...

Under this program, the bank has introduced a dedicated feature on its Mobile Banking app called ‘Senior Citizen Specials’.

Repo rate cut leads to 0.25% reduction in floating home loan rates, with immediate impact on EBLR loans. Deposit rates change slowly.

A lower repo rate means banks can borrow funds at a lower cost from the central bank and are expected to pass on the lower ...

Repo rate cut by 25 basis points to 6.25% to boost growth amid easing inflation and global uncertainties, maintaining neutral ...

The reduction in the policy interest rates by the Reserve Bank of India (RBI) is a catalyst for boosting demand across different sectors of the economy, a top industry body said on Friday. In a bid to ...

India Inc cheered the RBI's move to slash the benchmark interest rate for the first time in nearly five years on Friday and ...

The decision by RBI on Friday to reduce its key rate for the first time in five years comes less than a week after the ...