RBI cuts repo rate to 6.25%, 1st cut in 5 years

Lower interest rates generally push bond prices higher as investors lock in better yields from existing bonds. However, ...
The repo rate cut is expected to boost India’s power demand, besides making it easier for power companies to finance new ...
However, industry stakeholders also cautioned about the depreciating rupee, lenders' ability to pass on the benefits of the ...
Highlights: The Reserve Bank of India has cut repo rate by 25 bps to 6.25% for the first time in nearly five years. RBI's ...
However, some banks acknowledged the short-term impact on their profitability, with expectations of eventual recovery ...