The Reserve Bank of India (RBI) has decided to cut the repo rate. RBI Governor Sanjay Malhotra said on Friday that the Monetary Policy Commi
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The Reserve Bank of India (RBI) has decided to cut the repo rate. RBI Governor Sanjay Malhotra said on Friday that the Monetary Policy Commi
In a significant move aimed at supporting India’s economy, the Reserve Bank of India (RBI) has cut the repo rate from 6.25% to 6%. The annou
Rbi repo rate: With GDP growth reaching a 6-year low of 4.5% in the July-September quarter, speculation was rife that the Reserve Bank would once again cut interest rates, but policy rates change after a three-day policy meeting Not done. Although, the central bank lowered the GDP growth rate from 6.1% to 5% for the current fiscal year and raised the inflation rate from 3.5% to 3.7%.