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RBI cuts repo rate to 6.25%, 1st cut in 5 years
RBI cuts repo rate after 5 years. Experts turn bullish on these stocks, sectors & assets
The RBI cut the repo rate by 25 basis points to 6.25%, marking its first reduction in five years. The monetary stance remains neutral, with a focus on inflation and growth. Sectors like banking, auto,
Reactions to RBI repo rate cut
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 its slowest pace in four years during the current fiscal year.
India's Central Bank Cuts Repo Rate for First Time in Nearly 5 Years
(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 its slowest pace in four years during the current fiscal year.
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Affordable vs Luxury: How RBI's Repo Rate Cut Will Impact Indian Housing Market
The rate cut by RBI Governor Sanjay Malhotra will lead to reduced borrowing costs that would encourage credit flow, making ...
27m
RBI rate cut: Real estate firms expect mid-housing segments to thrive
However, industry stakeholders also cautioned about the depreciating rupee, lenders' ability to pass on the benefits of the ...
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