The Reserve Bank of India (RBI) has reduced the repo rate by 25 basis points (bps) to 6.25%, marking the first rate cut in five years since May 2020. This decision was made during the sixth and ...

NEW DELHI: India’s equity market benchmarks, the BSE Sensex and NSE Nifty 50, initially fell sharply following the RBI’s announcement of a repo rate cut. However, the indices quickly rebounded ...

The Reserve Bank of India's Monetary Policy Committee unanimously decided to lower the policy repo rate for the first time in nearly five years, bringing it to 6.25% from 6.50%.

The Reserve Bank of India (RBI), led by Governor Sanjay Malhotra, has reduced the policy repo rate by 25 basis points to 6.25%, marking the first rate cut in nearly five years. The decision ...

A reverse repo is a process in which a central bank purchases securities from commercial banks through bidding, with an agreement to sell them back in the future. "The central bank's action is ...

Declining vehicle sales Lower cement volumes Reduced GST collections A repo rate cut could help boost economic activity by making loans cheaper for businesses and consumers.

How to Calculate the Repo Rate? The interest rates that commercial banks pay to the RBI or get when they put money in the RBI must be agreed upon and standardised. The repo rate is key to keeping ...

After keeping it unchanged for two years, the Reserve Bank of India’s (RBI) six-member Monetary Policy Committee (MPC) is likely to cut the repo rate — the rate at which the RBI lends to other banks — ...

Tennis fans want to know the burning information—like how Coco Gauff used the bathroom in an outfit. Yes. People really want to know that. Here’s why. Coco is an avid Marvel fan, so many of ...

Three suspected armed robbers have been killed by mob action after robbing shop owners at the popular Ngalda weekly market in Fika Local Government Area of Yobe State. The Yobe State Command of ...

They were the first to hear composer Edmond Dédé’s opera “Morgiane” – the earliest known, full-length opera composed by a Black American – more than century after he composed the opus.

BENGALURU: Karnataka Home Minister G Parameshwara said on Friday that the two robbers who shot dead the two security guards and decamped with Rs 93 lakh cash meant for filling the SBI ATM in Bidar ...