With that in mind, more than 85 per cent of the nearly 70 economists polled by Reuters expected the RBI to cut its benchmark lending rate, the repo rate, by 25 basis points to 6.00 per cent on April 4.
(MENAFN – Kashmir Observer) MUMBAI – Reserve Bank of India is likely to cut repo rate by 25 basis points in the April policy due to weak. The brokerage expects another rate cut by the RBI by 25 bps.
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The RBI’s move to lower the repo rate met economists’ estimates. Two-thirds of 66 economists in a poll conducted by news agency Reuters ahead of the release of GDP data had expected the Monetary Policy Committee to announce a 25-basis-points cut in the repo rate to 5.75 per cent.
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Mumbai: Reserve Bank of India is likely to cut repo rate by 25 basis points in the April policy due to weak economic. The brokerage expects another rate cut by the RBI by 25 bps in the third.
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RBI cuts repo rate by 25 basis points to 5.75% from 6% in a unanimous decision. Monetary policy stance changed to ‘accommodative’ from neutral.
The RBI in its third monetary policy review for the current financial year slashed the repo rate by 25 basis points (bps) to 6%.
Read more about RBI cuts repo rate by 25 bps to 5.75%, changes stance to accommodative on Business Standard. According to a Bloomberg Survey, 31 of 43 economists had projected 25 basis point rate cut while three penciled in a 50 basis points cut.
In it sixth bi-monthly monetary policy review announced Thursday, RBI had cut the repo rate by 25 basis points to 6.25 percent.PTI | Updated: February 09, 2019, 16:21 IST File photo MUMBAI: Within a.
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RBI Monetary Policy HIGHLIGHTS: The Reserve Bank of India has cut the repo rate by 25 basis points in its sixth bi-monthly monetary policy statement for 2018-19.
Ahead of new Governor Shaktikanta Das’ first RBI Monetary Policy announcement today, Prime Minister’s Economic Advisory Council member Ashima Goel called for a 25 basis points cut in repo rate, saying.
Mumbai: In a move that could lower monthly instalments for home and other loans, the Reserve Bank of India cut benchmark interest rate by 0.25 per cent to 6.25 per cent. for a cut in interest rates.
RBI cuts repo rate by 25 basis points to 5.75 percent. The Reserve Bank of India (RBI) cut repo rate on Thursday to 5.75 percent from the current 6 percent amid falling economic growth and.