Traveling ,Gardening & Finance
Traveling ,Gardening & Finance
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 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 […]
India’s recent macroeconomic data reinforces the case for a repo rate cut in the December monetary policy, Reserve Bank of India Governor Sanjay Malhotra said on Monday, triggering a drop in the bond yield. RBI Governor Sanjay Malhotra. (Reuters) “The monetary policy committee had signaled the scope of further rate cuts in October and the […]
