RBI Reserve Bank of India has reduced interest rates by 0.25% amid a spate of downgrades to growth following Donald Trump’s tariff announcements. RBI reduced repo rates from 6.25% to 6%, a second cut since February when rates were brought down after 5 years. The move is expected to lower home and auto loan EMIs, offering […]
December 6, 2024 Today RBI Reserve Bank of India has decided to retain the repo rate unchanged at 6.5%, Governor Shaktikanta Das announced. For the 11th consecutive time the repo rate has remained unchanged at 6.5%. Meanwhile, the RBI cut the CRR cash reserve ratio by 50 basis points to 4%. This comes at a […]
In wake of prevailing Covid-19 outbreak, Reserve Bank of India RBI cuts Repo rate by 40 bps to 4% from 4.4%.Reverse repo rate reduces by 40 bps to 3.35% from 3.75%. Inflation outlook uncertain. GDP Growth for FY may see a sharp fall even may go negative . A big concern says RBI Guv Shaktikanta […]
