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Sensex Up By 700 Points After RBI Cuts Repo Rate By 50 Basis Points
The Indian benchmark indices surged on Friday after the RBI Governor Sanjay Malhotra announced a jumbo 50 bps rate cut from 6 per cent to 5.5 per cent and a 100 basis point cut in the Cash Reserve Ratio (CRR), from 4 per cent to 3 per cent.
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RBI Surprises With Double Rate Cut Than Expected: What It Means For EMIs
The Reserve Bank of India (RBI) has slashed its key lending rate, or the repo rate, by 50 basis points to 5.5% as inflation softens within its comfort level.
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India Poised To Remain Fastest Growing Major Economy In FY26: RBI
The country is poised to remain the fastest growing major economy in the world even in FY26, the Reserve Bank said on Thursday.
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"India Proactively Engaging With US": RBI Governor On Trump Tariff Impact
The Monetary Policy Committee, which consists of three RBI and three external members, cut the repo rate by 25 basis points to 6 per cent.
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Who Is Poonam Gupta? All About New RBI Deputy Governor
Poonam Gupta's appointment as RBI Deputy Governor comes ahead of the crucial Monetary Policy Committee (MPC) meeting scheduled for April 7-9, 2025.
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RBI Cuts Repo Rate For 1st Time In 5 Years: How It Affects Loan EMIs
The Monetary Policy Committee (MPC) of the Reserve Bank of India on Friday announced a 25 basis points cut in the repo rate, bringing it down to 6.25% from the earlier 6.5%.
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RBI Cuts Interest Rates For First Time In Nearly 5 Years To Boost Economy
The Reserve Bank of India (RBI) has reduced its key repo rate for the first time in nearly five years to boost the economy.
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Sensex, Nifty Fall In Early Trade Ahead Of RBI's Expected Key Rate Cut
Benchmark indices Sensex and Nifty traded lower in a volatile trade on Friday morning ahead of the RBI's monetary policy decision.
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RBI Keeps Repo Rate Unchanged At 6.5%: How It Affects Your Loan EMIs
The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) has decided to keep the repo rate unchanged at 6.5%, marking the 11th consecutive meeting where the key lending rate has remained the same.
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RBI Keeps Key Lending Rate Unchanged, Growth Target Lowered To 6.6%
The Reserve Bank of India (RBI) has kept its key lending rate unchanged for the 11th consecutive time citing high inflation, but lowered sharply the growth target for the current financial year.
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No Change In RBI Repo Rate: What It Means For Your Monthly EMIs
The Reserve Bank of India's Monetary Policy Committee (MPC) wrapped up its three-day deliberations today, deciding to maintain the repo rate at 6.5 per cent for the fourth consecutive time this fiscal year and the tenth time overall.
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RBI Keeps Key Lending Rate Unchanged At 6.5% For 10th Consecutive Time
The Reserve Bank of India (RBI) has kept its key interest rate unchanged for the tenth consecutive time, its governor Shaktikanta Das announced today,while retaining India's real GDP growth forecast at 7.2 per cent for the current financial year.
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RBI Raises UPI Limit to Rs. 5 Lakh for Tax Payments, Introduces Delegated Payments Feature
The Reserve Bank of India (RBI) recently announced an increase in limit of Unified Payments Interface (UPI) transactions for tax payments. The decision was made as a part of RBI’s Monetary Policy announcement last week. With this, users can now transact up to Rs. 5,00,000 while settling their tax liabilities. Earlier, this limit was kept at Rs. 1...
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Nirmala Sitharaman Asks Indian Banks To Boost Deposits Amid Crunch
Finance Minister Nirmala Sitharaman called on lenders to focus on their core business and explore new ways to attract deposits, as household savings increasingly shift toward investment products.
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RBI Keeps Repo Rate Unchanged. What It Means For Your Loan EMIs
The Monetary Policy Committee (MPC) had its third bi-monthly policy meeting for the financial year 2024-25 from August 6 to August 8.
-
Sensex Up By 700 Points After RBI Cuts Repo Rate By 50 Basis Points
The Indian benchmark indices surged on Friday after the RBI Governor Sanjay Malhotra announced a jumbo 50 bps rate cut from 6 per cent to 5.5 per cent and a 100 basis point cut in the Cash Reserve Ratio (CRR), from 4 per cent to 3 per cent.
-
RBI Surprises With Double Rate Cut Than Expected: What It Means For EMIs
The Reserve Bank of India (RBI) has slashed its key lending rate, or the repo rate, by 50 basis points to 5.5% as inflation softens within its comfort level.
-
India Poised To Remain Fastest Growing Major Economy In FY26: RBI
The country is poised to remain the fastest growing major economy in the world even in FY26, the Reserve Bank said on Thursday.
-
"India Proactively Engaging With US": RBI Governor On Trump Tariff Impact
The Monetary Policy Committee, which consists of three RBI and three external members, cut the repo rate by 25 basis points to 6 per cent.
-
Who Is Poonam Gupta? All About New RBI Deputy Governor
Poonam Gupta's appointment as RBI Deputy Governor comes ahead of the crucial Monetary Policy Committee (MPC) meeting scheduled for April 7-9, 2025.
-
RBI Cuts Repo Rate For 1st Time In 5 Years: How It Affects Loan EMIs
The Monetary Policy Committee (MPC) of the Reserve Bank of India on Friday announced a 25 basis points cut in the repo rate, bringing it down to 6.25% from the earlier 6.5%.
-
RBI Cuts Interest Rates For First Time In Nearly 5 Years To Boost Economy
The Reserve Bank of India (RBI) has reduced its key repo rate for the first time in nearly five years to boost the economy.
-
Sensex, Nifty Fall In Early Trade Ahead Of RBI's Expected Key Rate Cut
Benchmark indices Sensex and Nifty traded lower in a volatile trade on Friday morning ahead of the RBI's monetary policy decision.
-
RBI Keeps Repo Rate Unchanged At 6.5%: How It Affects Your Loan EMIs
The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) has decided to keep the repo rate unchanged at 6.5%, marking the 11th consecutive meeting where the key lending rate has remained the same.
-
RBI Keeps Key Lending Rate Unchanged, Growth Target Lowered To 6.6%
The Reserve Bank of India (RBI) has kept its key lending rate unchanged for the 11th consecutive time citing high inflation, but lowered sharply the growth target for the current financial year.
-
No Change In RBI Repo Rate: What It Means For Your Monthly EMIs
The Reserve Bank of India's Monetary Policy Committee (MPC) wrapped up its three-day deliberations today, deciding to maintain the repo rate at 6.5 per cent for the fourth consecutive time this fiscal year and the tenth time overall.
-
RBI Keeps Key Lending Rate Unchanged At 6.5% For 10th Consecutive Time
The Reserve Bank of India (RBI) has kept its key interest rate unchanged for the tenth consecutive time, its governor Shaktikanta Das announced today,while retaining India's real GDP growth forecast at 7.2 per cent for the current financial year.
-
RBI Raises UPI Limit to Rs. 5 Lakh for Tax Payments, Introduces Delegated Payments Feature
The Reserve Bank of India (RBI) recently announced an increase in limit of Unified Payments Interface (UPI) transactions for tax payments. The decision was made as a part of RBI’s Monetary Policy announcement last week. With this, users can now transact up to Rs. 5,00,000 while settling their tax liabilities. Earlier, this limit was kept at Rs. 1...
-
Nirmala Sitharaman Asks Indian Banks To Boost Deposits Amid Crunch
Finance Minister Nirmala Sitharaman called on lenders to focus on their core business and explore new ways to attract deposits, as household savings increasingly shift toward investment products.
-
RBI Keeps Repo Rate Unchanged. What It Means For Your Loan EMIs
The Monetary Policy Committee (MPC) had its third bi-monthly policy meeting for the financial year 2024-25 from August 6 to August 8.
