What Is Repo Rate And How Does It Impact? RBI Cuts Interest Rates, Repo Rate Reduced By 25 bps To 6.25%
In addition to the repo rate cut, the Standing Deposit Facility (SDF) and Marginal Standing Facility (MSF) rates have also been reduced by 25 bps to 6% and 6.5%, respectively. The bank rate has also been adjusted to 6.5%.
The repo rate, set by the RBI, influences borrowing costs for banks. A higher repo rate raises FD interest rates, attracting ...
However, some banks acknowledged the short-term impact on their profitability, with expectations of eventual recovery ...
The decision by RBI on Friday to reduce its key rate for the first time in five years comes less than a week after the ...
Recently, the Reserve Bank of India has cut the repo rate to 6.50 per cent after leaving it unchanged for 11 consecutive ...
The Reserve Bank of India cut its policy rate for the first time in nearly five years as economic growth slows and inflation ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback