Repo Rate Archives - National Times

05 Dec

RBI Cuts Repo Rate to 5.25%, Signaling Relief for Borrowers

Rajeev Sharma0 CommentsBusiness, India, TrendingRBI, Repo Rate

New Delhi (Rajeev Sharma): The Reserve Bank of India (RBI) on Friday announced a reduction in the repo rate by 25 basis points, lowering it from 5.5% to 5.25%, in a unanimous decision by the Monetary Policy Committee (MPC). The move is expected to make loans more affordable for retail and corporate borrowers alike. RBI Governor Sanjay Malhotra explained that the decision follows careful consideration of easing inflationary pressures and the recent depreciation of the rupee, which reached its lowest level yesterday. “The MPC evaluated the current economic landscape and concluded that a moderate reduction in the repo rate would…

RBI keeps repo rate unchanged at 5.5% for second consecutive time

nishuthapar10 CommentsIndiaRBI, Repo Rate

National Times Bureau :- The Reserve Bank of India on Wednesday decided to keep the key repo rate unchanged at 5.5%. The decision was taken after the Monetary Policy Committee (MPC) concluded its three-day meeting led by Governor Sanjay Malhotra. RBI Governor Sanjay Malhotra announced that the central bank maintained its neutral stance. "After a detailed assessment of the evolving macroeconomic conditions and the outlook, the MPC voted unanimously to keep the policy repo rate unchanged at 5.5%. Consequently, the SDF rate remains at 5.25%, while the MSF rate and the bank rate remain at 5.75%. The MPC also decided…

RBI Cuts Repo Rate by 25 Basis Points to 6.25% Under New Governor Sanjay Malhotra

nishuthapar10 CommentsBusinessRBI, Repo Rate

In his inaugural Monetary Policy announcement on Friday, Reserve Bank of India (RBI) Governor Sanjay Malhotra revealed that the Monetary Policy Committee (MPC) has unanimously decided to lower the policy rate by 25 basis points, bringing it down from 6.5% to 6.25%. Malhotra addressed the challenges posed by the current global economic landscape, noting that while high-frequency indicators point to resilience and growth in trade, overall global growth remains below historical averages. "Progress on global disinflation is stalling, hindered by rising services prices," he stated. He also discussed the dynamics of global financial markets, indicating that expectations regarding the size…