RBI cuts repo rate by 25 basis points to 5.75 pc

-Most economists expect the RBI to cut repo rate by 25 basis points to 5.75%. Two-thirds of 66 economists polled by Reuters expect the MPC to wrap up on Thursday by cutting the repo rate by 25.

With economic growth likely to slow down in the March-quarter 2019, the Reserve Bank of India (RBI) may cut repo rate by 25 basis points (bps) in the upcoming monetary policy review, analysts say.

This is the third time on the trot that the six-member MPC has decided on a 25-basis points rate cut, making it a hat-trick of repo rate cuts. The rate cut also comes in the backdrop of benign.

The Reserve Bank of India (RBI) in its second bi-monthly monetary policy of fiscal 2019-20 has reduced the repo rate by 25 basis points to 5.75 per cent. The MPC has changed the stance to ‘accommodative’ from ‘neutral’.

Markets have reacted positively to the RBI’s decision to cut the repo rate by 25 basis points (bps), to. rate under the LAF stands adjusted to 5.75%. The benchmark S&P Sensex closed at 28,335.

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HYDERABAD: In line with the expectations, the rbi reduced key benchmark policy rates by 25 basis points. repo rate by 25 bps, banks transmitted a mere 5-10 bps citing high credit-deposit ratio. The.

The RBI on Thursday cut the repo rate by 25 basis points to 5.75 per cent – taking the policy interest rate down to a nine-year low – and immediately put pressure on banks to pass on the benefit to their customers through matching cuts in their lending rates.

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Mumbai (Maharashtra) [India], June 6 (ANI): The Reserve Bank of India (RBI) on Thursday cut repo rate for the third consecutive time this year to 5.75 per cent from the current 6 per cent amid falling economic growth and uncertain global scenario.

RBI Governor Shaktikanta Das addresses media on rate cut. RBI cuts repo rate by 25 basis points; key interest rates now at 5.75%

India’s central bank cut the repo rate by 25 basis points to 5.75% from 6%, in its bi-monthly policy statement today. This is the third consecutive rate cut after similar cuts in April and.

The Reserve Bank of India (RBI) today cut the repo rate by 25 basis points. The repo rate has been reduced from 6 percent to 5.75 percent. The repo rate has been slashed for the third time in a row

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