Tag: Rbi Interest Rate

Rese
RBI cuts key interest rate by 25 pc, changes policy stance to 'neutral'

Mumbai:The Reserve Bank of India Thursday cut benchmark interest rate by 0.25 per cent to 6.25 per cent on expectation of inflation staying within its target range, a move that may translate into lower monthly installments for home and other loans. The central bank also changed its monetary policy stance to ‘neutral’ from the earlier […]

  • Tuesday, 04 May 2021
scrollToTop