RBI Cuts Repo Rate for the First Time in Five Years Reserve Bank of Indias Monetary Policy Committee decided to reduce the ...
The Reserve Bank of India (RBI) on Wednesday held the policy repo rate at 6% as the central bank’s Monetary Policy Committee (MPC) raised the estimate for fourth-quarter inflation and flagged ...
Being the first MPC under Malhotra, the expectation is that the repo rate cut or the benchmark lending rate fixed by the RBI could be reduced by 25 basis points (bps) from 6.5 percent to 6.25 ...