The Reserve Bank of India (RBI) on December 4 cut the repo rate by 25 bps to 5.25%. Following earlier rate reductions this year, the move further strengthens the value proposition for homebuyers, especially in the affordable and mid-income segments that are highly sensitive to interest rate changes. First-time and mid-income buyers stand to benefit […]
In a move poised to stimulate growth in the Indian economy, the Reserve Bank of India’s Monetary Policy Committe has reduced the benchmark repo rate by 25 basis points to 5.25%. While a shot in the arm for borrowers, the RBI repo rate cut presents a mixed bag for the common man, offering immediate relief […]
The RBI’s 25-basis-point repo rate cut to 5.25% is expected to make advances, including home loans, more affordable, offering timely year-end relief for homebuyers as high property prices persist. Real estate experts say the move could draw first-time, affordable, and mid-market buyers back into the market. Its true impact, however, hinges on the speed and […]
The Reserve Bank of India expects softer inflation and faster economic growth in the Indian economy, even as the rupee remains under pressure in the absence of a India-US trade deal. A man walks past a logo of the Reserve Bank of India (RBI) and the Indian Rupee inside the RBI headquarters in Mumbai. (Reuters) […]
The Reserve Bank of India has cut the repo rate by 25 basis points to 5.25%, even as the monetary policy committee tries to balance India’s record-low inflation against a plunging rupee and 8%-plus GDP growth rate. After keeping the repo rate unchanged in the past two monetary policy meetings, RBI Governor Sanjay Malhotra had […]
The Reserve Bank of India’s last repo rate decision of the year is proving to be one of its trickiest, with the Monetary Policy Committee members having to weigh India’s record-low inflation against a plunging rupee and 8%-plus GDP growth rate. Sanjay Malhotra, governor of the Reserve Bank of India. (REUTERS) A majority of the […]
