Why the RBI’s Monetary Policy Committee (MPC) decision to reduce the Repo rate is relevant to the UPSC exam? What is the ...
The repo rate is the rate at which commercial banks borrow from the RBI. This drop comes after nearly 5 years of house loan ...
RBI’s 25 bps repo rate cut will bring relief to borrowers by lowering EMIs across loans. This move aims to make borrowing more affordable and boost spending.
The Reserve Bank of India's Monetary Policy Committee has cut the repo rate by a quarter point to 6.25% amid global ...
In line with market expectations, the Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) reduced the repo rate by 25 basis points (bps) to 6.25 per cent. This marks the first rate cut since ...