RBI lowers repo by 25 bps in first cut since Aug 2017

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The Economic Times | A Times Internet Limited product

In a major policy shift, the six-member monetary policy committee (MPC) headed by Governor Shaktikanta Das on Thursday lower the repo rate by 25 basis points to 6.25 per cent in 4-2 vote. RBI has thus cut rate for the first time in 17 months. The last rate cut happened in August, 2017..

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  • Watch RBI lowers repo by 25 bps in first cut since Aug 2017 Video
    RBI lowers repo by 25 bps in first cut since Aug 2017

    The Economic Times | A Times Internet Limited product

    In a major policy shift, the six-member monetary policy committee (MPC) headed by Governor Shaktikanta Das on Thursday lower the repo rate by 25 basis points to 6.25 per cent in 4-2 vote. RBI has thus cut rate for the first time in 17 months. The last rate cut happened in August, 2017.

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  • Watch RBI Cut Down Repo Rate | Benefits and Disadvantage With Low Repo Rate | iNews Video
    RBI Cut Down Repo Rate | Benefits and Disadvantage With Low Repo Rate | iNews

    Watch RBI Cut Down Repo Rate | Benefits and Disadvantage With Low Repo Rate | iNews With HD Quality

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  • Watch जनता को फिर लगा महंगाई का झटका |RBI Monetary Policy | RBI Hikes Repo Rate By 50 BPS To 5.9% #dblive Video
    जनता को फिर लगा महंगाई का झटका |RBI Monetary Policy | RBI Hikes Repo Rate By 50 BPS To 5.9% #dblive

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    जनता को फिर लगा महंगाई का झटका |RBI Monetary Policy | RBI Hikes Repo Rate By 50 BPS To 5.9% #dblive

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  • Watch RBI hikes repo rate by 25 bps to 6.5%; maintains
    RBI hikes repo rate by 25 bps to 6.5%; maintains 'neutral' stance | Economic Times

    The Reserve Bank for the second time in two months Wednesday raised its benchmark interest rate by 25 basis points on inflationary concerns, a move that will make home, auto and other loans expensive. With five of its members voting for the increase, the 6-member Monetary Policy Committee (MPC) headed by RBI Governor Urjit Patel, increased repo rate, at which it lends to other banks, to 6.5 per cent but kept its policy stance as 'neutral'. The reverse repo rate, at which it borrows from banks, was also raised by similar proportion to 6.25 per cent. The marginal standing facility (MSF) rate and the Bank Rate were also raised to 6.75 per cent. (Text: PTI)

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  • Watch RBI cuts repo rates by 25 bps; Watch  Guv
    RBI cuts repo rates by 25 bps; Watch Guv's full speech

    The Economic Times | A Times Internet Limited product

    In a clear hint that RBI is focussing more on addressing growth issues, Governor Shaktikanta Das on Thursday said it was time to act decisively to foster economic growth. Das, who himself voted for a rate cut at the MPC where Deputy Governor Viral Acharya and Chetan Ghate voted against it, said the fall in inflation has opened up space for a rate cut.

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  • Watch RBI cuts repo rate by 25 bps to 6% for second time in row Video
    RBI cuts repo rate by 25 bps to 6% for second time in row

    The Economic Times | A Times Internet Limited product

    RBI's monetary policy committee (MPC), led by Governor Shaktikanta Das, on Thursday announced a 25 basis points cut in the short-term lending rate, also known as repo or repurchase rate, in its first bi-monthly rate review of financial year 2019-20. The repo rate now stands at 6 per cent.

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    Watch RBI cuts repo rate by 25 bps to 6% for second time in row With HD Quality

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  • Watch RBI cuts repo rate by 25 bps; stance changed to
    RBI cuts repo rate by 25 bps; stance changed to 'accommodative' from 'neutral'

    The Monetary Policy Committee (MPC) of the Reserve Bank of India on Thursday effected a 25 basis points cut in repo rate in its second bimonthly policy review of this financial year. After the cut, the repo rate now stands at 5.75 per cent. The MPC also changed policy stance to 'accomodative' from 'neutral'. Repo is the rate at which the central bank lends to commercial lenders, and the cut signalled a drop in cost of funds for corporates and individual borrowers though domestic banks have not been very efficient in quickly passing on the benefits of past rate cuts to their customers.




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    Watch RBI cuts repo rate by 25 bps; stance changed to 'accommodative' from 'neutral' With HD Quality

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  • Watch RBI credit policy: MPC cuts repo rate by 35 bps to 5.40%, maintains accommodative stance Video
    RBI credit policy: MPC cuts repo rate by 35 bps to 5.40%, maintains accommodative stance

    The six-member monetary policy committee (MPC) of the Reserve Bank of India (RBI) on Wednesday cut repo rate by 35 basis points in its third bi-monthly policy review of the financial year. It was fourth rate cut by the central bank in a row. The short-term lender rate now stands at 5.40 per cent. Persistent weakening of core inflation has kept the headline rate below the central bank’s 4 per cent target for the 11th straight month in June and, thus, the rate cut was largely in line with Street expectations.

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    Watch RBI credit policy: MPC cuts repo rate by 35 bps to 5.40%, maintains accommodative stance With HD Quality

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  • Watch RBI cuts repo rate by 25 bps to 5.15%, maintains accommodative stance Video
    RBI cuts repo rate by 25 bps to 5.15%, maintains accommodative stance

    The six-member Monetary Policy Committee (MPC) of the Reserve Bank of India on Friday slashed the short-term lending rate, repo rate, by 25 basis points in its fourth bimonthly policy review. This was the fifth consecutive rate cut effected by the Shaktikanta Das-led panel, and it was in addition to a cumulative 110 basis points rate cut that RBI has announced so far this year. The repo rate now stands at 5.15 per cent, the lowest since March 2010.

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    Watch RBI cuts repo rate by 25 bps to 5.15%, maintains accommodative stance With HD Quality

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  • Watch Key RBI announcements: 25 bps rate cut, ATM charge review and no NEFT RTGS transaction charge Video
    Key RBI announcements: 25 bps rate cut, ATM charge review and no NEFT RTGS transaction charge

    In a unanimous decision by Monetary Policy Committee, the RBI on Thursday cemented its position as Asia’s most dovish central bank with a third straight interest-rate cut. It also changed its stance from neutral to accommodative keeping hope for a further rate cut. ​RBI also removed charges for payments via NEFT and RTGS and asked banks to pass on the benefits to customers. Here are key highlights of the RBI Governor, Shaktikanta Das press conference. Watch

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    Watch Key RBI announcements: 25 bps rate cut, ATM charge review and no NEFT RTGS transaction charge With HD Quality

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