The term "reverse repo rate" refers to the interest rate that is paid on deposits. The Reserve Bank of India pays interest on deposits at the reverse repo rate, whereas the repo rate is paid on ...

RBI Cuts Repo Rate for the First Time in Five Years Reserve Bank of Indias Monetary Policy Committee decided to reduce the ...

The Reserve Bank of India seeks to boost the sluggish economy and sees inflation easing towards its 4% target.

In a significant policy shift, the Reserve Bank of India (RBI) cut the repo rate by 25 basis points to 6.25 per cent on ...

At the press conference after the monetary policy announcement, a clearly worried RBI governor said that the pervasive uncertainty in global trade and economic policies is weighing weigh on ...

By cutting rates, the RBI sends a message that it is ready to support growth, confident that the worst of inflation is over.

MUMBAI -- The Reserve Bank of India (RBI) cut its key repo rate for the first time in nearly five years on Friday and ...

Despite the widely expected rate cut to 6.25% and the central bank’s ‘neutral’ stance, investor sentiment remained subdued.

(Reuters) -The Reserve Bank of India (RBI) reduced its key repo rate on Friday for the first time since May 2020, aiming to provide stimulus to the sluggish economy, which is projected to grow at ...

India's central bank has cut interest rates for the first time in nearly five years to counter slowing growth in Asia's third ...

Bank of Baroda, Axis Bank, Punjab National Bank, Canara Bank and ICICI Bank from the Nifty Bank index were trading lower ...