The Reserve Bank of India (RBI) has cut the policy repo rate by 25 basis points to 6.25 per cent, the first reduction in nearly five years. The move comes after Finance Minister Nirmala Sitharaman ...

The move to cut the repo rate comes a week after Budget 2025 proposed making normal income up to Rs 12 lakh tax-free ...

RBI Governor Sanjay Malhotra stated that the bank's forex policy favors stable market operations without targeting any ...

The repo rate directly affects daily life by influencing overall interest rates. It is the rate at which the RBI lends money to commercial banks.

The RBI money policy committee (MPC) voted unanimously to cut the repo rate and maintained its monetary policy stance at "neutral". The MPC noted that though growth is expected to recover, it is much ...

In the subsequent monetary policy reviews also, the RBI MPC is expected to cut further rate cuts. In the previous policy review in December 2024, the RBI had cut the Cash Reserve Ratio (CRR) in two ...

The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC), led by newly appointed Governor Sanjay Malhotra, announced a 25 basis point rate cut on Friday, bringing the repo rate down to 6.25%.

RBI's Monetary Policy Committee, under new Governor Sanjay Malhotra, forecasts inflation at 4.2% for the coming fiscal year, ...

Forex traders said the Indian rupee plunged to fresh record lows amid weak domestic markets and importer demand for dollars.