Larger-than-expected surprise: RBI cuts repo rate by 50 bps to...

Larger-than-expected surprise: RBI cuts repo rate by 50 bps to 5.5%; EMIs to come down

Posté

RBI MPC Meeting: In a move to boost loan access, the RBI has slashed the repo rate by 50 basis points, bringing it down to 5.5%. This marks a cumulative 100 basis point reduction since February. While the RBI signals limited room for further cuts by shifting to a 'neutral' stance, this decision arrives amidst a backdrop of India's robust 7.

Read Full Article

Chargement...

Connectez-vous pour aimer, partager et commenter!

Sports

'We’re hoping he’ll bowl tomorrow' – Eng batting coach gives update on Stokes’ fitness

England's batting coach, Marcus Trescothick, remains optimistic about Ben Stokes' ability to bowl...

Par 0 4

Sports

IND vs ENG: Will Pant bat on Day 5? India coach Kotak shares latest updates

India face more injury issues in the Test series against England. Rishabh Pant hurt his toe and...

Par 0 4

International

Who is Gaza journalist Mohammed Abu Aoun who puts his camera, press shield on sale on LinkedIn for food?

A Gaza-based photojournalist is resorting to selling his equipment to feed his family amidst a...

Par 0 7

Business

Kotak Mahindra Bank Q1 results: Profit slips 7% YoY

Kotak Mahindra Bank's consolidated net profit witnessed a significant drop in the June quarter,...

Par 0 12

Sports

India batting coach Sitanshu Kotak opens lid on Karun Nair being dropped

India's batting coach Shitanshu Kotak lauded KL Rahul and Shubman Gill's resilient partnership on...

Par 0 16