India  

Good news for borrowers as RBI cuts repo rate by 50 bps to 5.5%, stance changed to 'Neutral' from...

DNA Friday, 6 June 2025 ()
The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC), on Friday, cut the Repo rate by 50 bps, to 5.50%. RBI governor Sanjay Malhotra made the announcement.
0
shares
ShareTweetSavePostSend
 

You Might Like


💡 newsR Knowledge: Other News Mentions

Reserve Bank of India Reserve Bank of India Central Bank of India

Bank Holidays 2025: Will banks remain closed on 6, 7th June? Here's all you need to know

Eid-ul-Adha 2025 or Bakrid, is expected to be celebrated on June 7, 2025 and will be observed as a public holiday in schools, colleges and government offices. On..
DNA

Finance ministry, RBI & NPCI tighten digital fraud safeguards

The Union finance ministry, RBI, and NPCI have implemented measures to protect digital financial transactions and combat fraud. I4C was established in 2020 to..
IndiaTimes

Monetary Policy Committee (India) Responsible for fixing the benchmark interest rate in India


Sanjay Malhotra Sanjay Malhotra Governor of the Reserve Bank of India (RBI) since 2024


Related news from verified sources

RBI Urged To Tighten Banking Norms After ICICI Employee's Multi-Crore FD Fraud

Experts have suggested that the RBI should introduce systems like tokenisation for fixed deposits, which would ensure that sensitive FD information is accessible...
Zee News

Indian Stock Market Sees FPI Outflows In Early June; RBI Rate Cut Boosts Sentiment

With inflation staying within the RBI's comfort zone and the central bank signaling a pro-growth stance, FPIs are expected to increase their investments in the...
Zee News Also reported by •IndiaTimes

RBI turns neutral after sharp rate cut; ING expects another easing later this year

RBI turns neutral after sharp rate cut; ING expects another easing later this year
In a surprise move, the Reserve Bank of India slashed policy rates beyond market expectations and shifted its policy stance from accommodative to neutral.  ING...
Invezz