2 days ago · RBI MPC Meeting February 2025: The Reserve Bank of India’s (RBI) six-member Monetary Policy Committee (MPC) Friday cut the repo rate — the rate at which the RBI lends to other banks — by 25 basis points to 6.25 per cent. This is the first rate cut initiated by the RBI in five years, the last one being in May 2020. The repo rate, till now, stood at 6.5 per cent.

1 day ago · The RBI increased the repo rate by 250 basis points from May 2022 to February 2023. Since April 2023, the repo rate has been steady at 6.5 percent, in order to keep a check on the inflation rate ...

1 day ago · RBI Repo Rate Cut by 25 bps Explained: After holding the repo rate at 6.50 per cent for two years, the Reserve Bank of India’s (RBI) six-member Monetary Policy Committee (MPC) reduced the key policy rate by 25 basis points (bps) to 6.25 per cent on Friday (February 7).This marks the first repo rate cut in nearly five years and will likely lead to a fall in interest rates and equated monthly ...

2 days ago · “The RBI’s decision to cut the repo rate by 25 bps to 6.25% will benefit the MSME sector, which relies on timely and affordable credit to sustain and grow its operations. As an RBI-licensed TReDS platform, we anticipate that this rate cut, along with the supportive measures announced in the Union Budget, will further enhance access to ...

2 days ago · RBI MPC Meeting Repo Rate: The RBI's Monetary Policy Committee, led by new Governor Sanjay Malhotra, cut the repo rate by 25 basis points to 6.25%, maintaining a neutral stance. This change follows eleven meetings with an unchanged rate. Additionally, the Cash Reserve Ratio was reduced to 4% in December to boost liquidity. The RBI projects 7.2% GDP growth for 2024-25.

1 day ago · The Reserve Bank of India rate setting monetary policy committee (MPC) unanimously voted for a 25 basis points cut in the benchmark repo rate to 6.25%, in line with the market expectations. This is the first reduction in the repo rate since the extraordinary Covid induced rate cuts in 2020.

1 day ago · The announcement was made by Sanjay Malhotra, in his first key address after being appointed as the RBI Governor in December last year. That said, the following are the six key announcements from the MPC meeting: REPO RATE CUT. The central bank has announced a cut in the repo cut by 25 basis points to 6.25% from 6.5%.

3 days ago · RBI MPC Meeting February 2025, RBI Monetary Policy Committee (MPC) Highlights: The MPC revised the repo rate for the first time in two years, voting unanimously to cut it by 25 basis points from 6 ...

Jan 24, 2025 · @ Financial Benchmarks India Private Limited (FBIL) has taken over from RBI, the computation and dissemination of reference rate for spot USD/INR and exchange rate of other major currencies with effect from July 10, 2018. Data on forward premia are sourced from FBIL with effect from October 13, 2023.

Average Rate: Range: A. Overnight Segment (I+II+III+IV) 5,45,691.61: 6.56: 4.00-6.95 I. Call Money: 14,941.07: ... @ Based on Reserve Bank of India (RBI) / Clearing Corporation of India Limited (CCIL). ... * Net liquidity is calculated as Repo+MSF+SLF-Reverse Repo-SDF.