RBI MPC meet: Why repo rate was cut by larger-than-expected 50...

Dununu.com Dununu

Sponsor

RBI MPC meet: Why repo rate was cut by larger-than-expected 50 basis points; RBI governor Sanjay Malhotra explains

RSS Feed Business

Posted

117

In a surprise move, the RBI slashed the repo rate by 50 basis points to 5.5%, exceeding expectations. This decision, driven by a lower projected inflation rate of 3.7% and a need to boost domestic growth, aims to reduce home loan EMIs and stimulate consumer spending.

Read Full Article

Please log in to like, share and comment!

FTA momentum: Piyush Goyal confirms Oman deal ‘almost finalised’

Union Minister Piyush Goyal confirmed that India's FTA with Oman is nearing finalization, while...

By 0 1

THIS RGV heroine was once touted as next Urmila, quit films after 12 yrs

Antara Mali, once hailed as a rising star under Ram Gopal Varma's guidance, debuted in Bollywood...

By 0 2

From 0/2 to hope renewed: Shubman Gill, KL Rahul rewrite a doomed script at Old Trafford

India faced a tough situation early on Day 4, losing two quick wickets after seeing England take...

By 0 8

Air India crash: Airline disburses Rs 25 lakh interim compensation to families of victims; Tata Group sets up welfare trust

By 0 14

Dhawan’s 91 goes in vain as Australia Champions pull Off final-over chase

Australia Champions defeated India Champions by 4 wickets in a thrilling WCL 2025 match at...

By 0 14