The RBI Governor Sanjay Malhotra-led MPC decided to cut the repo rate by 50 basis points (bps) to 5.50% from 6.00% earlier.

The RBI MPC also cut the Cash Reserve Ratio by 100 basis points from 4% to 3% of Net Demand and Time Liabilities.

The mega rate cut comes as retail inflation has softened significantly below the RBI's medium term target of 4%.

The RBI has changed its stance from 'Accommodative' to 'Neutral'. The CPI Inflation has also been revised downward to 3.7% for financial year 2026.

The Monetary Policy Committee (MPC) has decided to reduce the repo rate, the rate at which the Reserve Bank of India (RBI) ...

MPC felt frontloading of rate cut will boost growth, RBI Governor Sanjay Malhotra said today; catch all the LIVE updates here ...

RBI cuts repo rate by 50 bps to 5.5%, Governor Sanjay Malhotra optimistic about Indian economy's growth and stability.

The decision was announced after the central bank’s Monetary Policy Committee (MPC), led by Governor Sanjay Malhotra, concluded its three-day meeting that began on June 4.

Suppose if you have a home loan of Rs 50 lakh for a 20-year term, and you are paying an interest rate of 6%. With this setup, ...

In his final speech as a central banker, Philadelphia Federal Reserve President Patrick Harker said on Thursday the economic ...

Federal Reserve Gov. Christopher Waller said changes to the Federal Open Market Committee's quarterly economic projections ...