The Reserve Bank of India's 50 bps rate cut on Friday is likely to lead to a reduction in deposit interest rates, hurting bank customers who have enjoyed higher returns amidst fierce competition for deposits. Borrowers stand to benefit, as their EMIs will fall.
3 min read6 Jun 2025RBI MPC meeting: RBI Governor Sanjay Malhotra announced a repo rate cut that will affect bank fixed deposit interest rates, particularly impacting senior citizens
4 min read6 Jun 2025RBI Governor Sanjay Malhotra's shift in policy stance, along with his statement that the RBI MPC will now carefully assess income data and the evolving economic outlook before deciding on further action, signals a possible pause in rate cuts.
3 min read6 Jun 2025RBI MPC meeting: Repo rate cut is expected to lower EMIs for home loan borrowers, providing significant relief, while also likely reducing fixed deposit returns for investors
3 min read6 Jun 2025The Reserve Bank of India held its second policy meeting for FY26 on June 06, maintaining the real GDP growth forecast at 6.5%.
2 min read6 Jun 2025RBI Monetary Policy: The RBI Governor Sanjay Malhotra-led MPC decided to cut the repo rate by 50 basis points (bps) to 5.50% from 6.00% earlier. This is the central bank’s third consecutive repo rate cut.
3 min read6 Jun 2025RBI MPC Meeting Highlights: The RBI Governor Sanjay Malhotra-led MPC cut the repo rate by 50 basis points (bps) to 5.50% from 6.00%. This was RBI’s third consecutive repo rate cut.
23 min read6 Jun 2025FM Sitharaman said that she welcomed the 25 bps rate cut, adding that ‘growth is of great importance. We are at a situation where we will need every support both from the RBI and from the (finance) ministry.’
2 min read9 Apr 2025Announcing RBI's policy decisions on Wednesday, governor Sanjay Malhotra addressed several key issues, including on inflation, India's GDP growth, and the impact of the US’ reciprocal tariffs on domestic trade.
3 min read9 Apr 2025RBI Governor Sanjay Malhotra's remarks came during a media briefing when he was asked if more interest rate cuts are in the offing after he delivered the second straight interest rate cut since taking over as governor.
4 min read9 Apr 2025