The Reserve Bank of India (RBI) on Wednesday reduced the repo rate by 25bps to 6% thereby raising hopes of a drop in EMIs. RBI governor Sanjay Malhotra said inflation is currently below the target, supported by a sharp fall in […]
RBI rate cut may not see immediate interest rate relief Read More »
The Reserve Bank of India has reduced repo rate by 25bps to 6%. This move, while boosting consumption and investment, will give a fillip to the consumption demand across sectors like housing, automobile and overall industry thereby accelerating economic growth.
Rate cut may disincentivise depositors Read More »
The Reserve Bank of India’s 25 basis point repo rate cut marks a pivotal shift, deftly aligning monetary policy with the government’s fiscal strategies to reignite consumption. This will provide the necessary boost to affordable and mid-income housing segment provided
The Reserve Bank of India today cut interest rate after close to five years by 25 basis points to 6.25%. This rate cut, coupled with income tax exemption upto Rs 12 lakhs, will spur consumption and bring the much-needed relief.
RBI cuts interest rate by 25bps, developers say will boost affordable housing Read More »
