Reserve Bank of India (RBI) has decided to keep the repo rate unchanged at 5.25% in its first monetary policy announcement following the Union Budget 2026. RBI Governor Sanjay Malhotra revealed the decision after a three-day meeting of the Monetary Policy Committee (MPC) in Mumbai,…
Tag: RepoRate
RBI Slashes Repo Rate by 25 bps: Home, Personal, and Vehicle Loans Set to Decline; GDP Growth Slashed to 6.5%
In a significant policy move aimed at supporting the economy, the Reserve Bank of India (RBI) has reduced the repo rate by 25 basis points (bps), bringing it down to 6.25%. This decision is expected to have a direct impact on borrowing costs across various…