The Reserve Bank of India (RBI) cut the policy repo rate by 25 basis points last week and set it to 6.25 per cent from its current level of 6.5 per cent. People are now eagerly waiting to see how ...
The decision of the Reserve Bank of India (RBI) to cut the repo rate by 25 basis points could be a much-needed relief for the consumers who have been grappling with the pressure of inflation and ...
Kolkata: Developers in Kolkata are eyeing a major boost in affordable home sales following the repo rate cut by the Reserve Bank of India, which will see a reduction in equated monthly instalments ...
Till then, they will continue to service their loan as per their existing rates. A lower repo rate means banks can borrow funds at a lower cost from the central bank and are expected to pass on ...
The repo rate cut makes fixed-income investments less attractive, affecting conservative investors who rely on fixed deposits interest income. The Reserve Bank of India (RBI) on February 7 reduced ...
The monetary policy committee of RBI will cut repo rate by another 75 basis points in the year 2025, Bank of Baroda said in a note. The Tribune, now published from Chandigarh, started publication ...
The RBI announced a 0.25 percentage point repo rate reduction last week, the first such decrease in five years. (AI image) ...
The central bank, under its new governor Sanjay Malhotra, cut the repo rate by 25 basis points, taking it down to 6.25 per cent. One of the major sectors that could be impacted by this development ...
As Reserve Bank of India (RBI) has cut down repo rate by 50 basis points on Friday, triggering a rate cut cycle. Now, there is an expectation that banks would bring down the fixed deposit (FD ...
The central bank's Monetary Policy Committee (MPC), headed by new RBI Governor Sanjay Malhotra, voted unanimously to slash the repo rate by 25 basis points (bps) to 6.25 per cent from 6.50 per ...
She also tweaked tax slabs in a manner that the highest tax rate in the country — 30% — will come into effect only after one reaches an annual income of Rs 24 lakh per annum, or Rs 2 lakh per ...