The Reserve Bank of India (RBI) cut the repo rate by 25 basis points (bps)—from 6.50% to 6.25%—during its Monetary Policy Committee (MPC) meeting on February 7, 2025. This marks the first reduction in ...
(Reuters) -The Reserve Bank of India (RBI) reduced its key repo rate on Friday for the first time since May 2020, aiming to provide stimulus to the sluggish economy, which is projected to grow at its ...
MUMBAI, Dec 5 (Reuters) - The Reserve Bank of India (RBI) cut its key repo rate by 25 basis points on Friday and left the door open for further easing as it took steps to boost banking-sector ...