First Reduction In Five Years, RBI Cuts Policy Rate By 25Bps To 6.25 PC
The Monetary Policy Committee (MPC) unanimously decided to slash policy rate by 25 basis points to 6.25 per cent.
Mint Explainer | RBI cuts repo rate: How it will benefit retail borrowers
Retail borrowers who have taken floating rate loans will see their EMIs shrink as banks pass on the benefit of lower repo ...
RBI’s 25bps rate cut may have limited direct impact, more needed to boost housing demand: CREDAI
Commenting on the monetary policy announcement, CREDAI National President Boman Irani said, "The RBI's decision to reduce ...
Press Trust of India on MSN52m
Markets end lower post RBI rate cut; non-stop outflow of foreign fund dents investors' sentiment
Equity benchmark indices Sensex and Nifty ended lower on Friday as the RBI's rate cut did not spring any major surprise for ...