RBI Monetary Policy: Governor Sanjay Malhotra delivers 25 bps rate cut for first time in 5 years; 5 key takeaways
The RBI's Monetary Policy Committee cut the repo rate by 25 bps for the first time in nearly five years, maintaining a neutral stance. Governor Sanjay Malhotra noted inflation aligns with targets amid concerns over economic growth and signs of inflation nearing 4 per cent.
BREAKING: RBI cuts repo rate by 25 basis points to 6.25%
T he Reserve Bank of India (RBI) on Friday announced a 25 basis points (bps) cut in the policy repo rate, with the Monetary Policy Committee (MPC) voting unanimously in favour of the decision. The MPC also decided to maintain a ‘neutral’ stance while reiterating its commitment to bringing inflation within the target range on a durable basis.
RBI MPC Meeting Live Updates: RBI likely to slash rates by 25 basis points, says SBI Research
The former revenue secretary in the Ministry of Finance, Malhotra is expected to announce the cuts to lower interest rates for economy’s growth which is expected to reach a four year low.
RBI MPC cuts repo rate for first time in 5 years: Governor Sanjay Malhotra administers a growth pill with 25 bps rate cut
The RBI's Monetary Policy Committee, led by new Governor Sanjay Malhotra, cut the repo rate by 25 basis points to 6.25%, maintaining a neutral stance. This change follows eleven meetings with an unchanged rate.
RBI Cuts Repo Rate By 25 Bps To 6.25% In First Policy Review Under Governor Sanjay Malhotra
In his first Monetary Policy announcement on Friday, Reserve Bank of India (RBI) Governor Sanjay Malhotra stated that the Monetary Policy Committee (MPC) had unanimously decided to reduce the policy rate by 25 basis points (bps) from 6.
RBI Monetary Policy: Repo Rate Cut By 25 Basis Points To 6.25%
To cut the repo rate by 25 basis points to 6.25% unanimously. The standing deposit facility rate, pegged 25 basis points below the repo rate, is at 6.0%. The marginal standing facility rate, which is 25 basis points above the repo rate, is 6.5%.
RBI Monetary Policy Meeting Highlights: Repo rate cut, concerns about inflation and GDP; Here are all the important announcements
The Reserve Bank of India reduced the repo rate by 25 basis points, lowering it to 6.25%, under the leadership of new Governor Sanjay Malhotra. The decision was influenced by a resilient Indian economy amidst global uncertainties and marked the first reduction since May 2020.
RBI To Cut Repo Rate By 25 BPS? Governor Malhotra To Address Monetary Policy Committee Today
While a 25 bps rate cut is widely anticipated, analysts suggest that additional liquidity measures may be necessary to maintain a smooth cash flow within the banking system
Monetary Policy: When And Where To Watch RBI Governor Sanjay Malhotra's Press Conference Live
In the last MPC meet held in December, the RBI, led by former governor Shaktikanta Das, had decided to keep the repo rates unchanged at 6.5%.
RBI Policy Meeting Live: Sanjay Malhotra & Co to deliver the big rate cut? All eyes on new RBI boss
New RBI Governor Sanjay Malhotra is set to chair his first Monetary Policy Committee (MPC) meeting, with widespread expectations of a 25-basis-point rate cut to 6.25%. The RBI last reduced the repo rate in May 2020,
RBI MPC cuts repo rate by 25 basis points to 6.25% to boost economy: Governor Sanjay Malhotra
RBI Governor Sanjay Malhotra has announced that the Monetary Policy Committee (MPC) has decided to cut the benchmark repo rate by 6.5%
RBI MPC Meeting Live
RBI governor Sanjay Malhotra announed that the Reserve Bank of India’s (RBI’s) Monetary Policy Committee (MPC) has decided ...
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