The repo rate is the rate at which the RBI lends to commercial banks. When the repo rate is cut, banks are able to borrow at cheaper rates, theoretically allowing them to transfer the gains to ...
Retail inflation in India dropped to 3.61% in February due to decreased prices in vegetables and protein-rich items, offering ...
With the RBI lowering the repo rate by 25 basis points, home loan borrowers stand to benefit from reduced EMIs, making ...
The RBI’s recent repo rate cut to 6.25% is expected to lower borrowing costs for personal and home loan borrowers. Several ...
A repo rate cut generally lowers borrowing costs, making loans more affordable. However, borrowers often do not see an ...
Retail inflation eased to a seven-month low of 3.61 percent in February, as food inflation eased further, according to data ...
“When the RBI reduces the repo rate, borrowers will see a lower interest rate in their next scheduled reset cycle. For instance, if a loan resets every three months and the repo rate is cut ...
Concurrently, industrial output for January surged to 5 per cent, substantially outpacing the projected 3.5 per cent.
Crisil has forecast India’s GDP growth to be steady at 6.5 per cent and the RBI’s Monetary Policy Committee (MPC) to cut the ...