The Reserve Bank of India cut the benchmark repo rate by 25 basis points on February 7, aiming to boost the slowing economy.
RBI cuts policy rate by 25 bps; bank stocks fall as Nifty Bank drops 0.51%. Discover more about the market reactions!
Indian benchmark indices Nifty 50 and Sensex ended the previous trade session in the red. Nifty 50 closed at 23,603.35, while ...
The repo rate influences interest rates on loans, including home loans. When the RBI lowers the repo rate, banks typically ...
Following the RBI policy announcement, the BSE Sensex and NSE Nifty swung back into the green zone and gained up to 0.3%.
The RBI announced the cut in its benchmark interest rate or repo rate, slashing the rate by 25 basis points. This has brought ...
RBI Governor Sanjay Malhotra has announced that the Monetary Policy Committee (MPC) has decided to cut the benchmark repo ...