Stay updated with the latest basis-point news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on basis-point topics.
CHENNAI: Indian equity markets staged a sharp recovery and ended the session on a strong note Friday, buoyed by the Reserve Bank of India's (RBI) unexpected 50 basis points repo rate cut -- a move that boosted investor sentiment and triggered broad-based buying. After a choppy start, the benchmark Sensex surged to an intraday high of 82,299.89 before settling at 82,189, up 746.95 points, or 0.92%. The Nifty50 also closed firmly above the 25,000-mark at 25,003.05, rising 252.15 points, or 1.02%. ...Read More >
New Delhi [India], June 6 (ANI): The Automobile industry has supported the Reserve Bank of India's rate-cut decision, and they believe that this decision will add positive sentiment among consumers in the market. On Friday, the RBI reduced the repo rate by 50 basis points to 5.5 per cent. The central bank also cut the Cash Reserve Ratio (CRR) by 100 basis points to 3 per cent. The CRR cut will be implemented starting September 6, in four tranches of 25 basis points each in four fortnights. The ...Read More >
New Delhi, Jun 6 (PTI) The decision of the Reserve Bank to cut policy rate by 50 basis points will have a positive impact on the automobile sector as it will make loans cheaper, industry body SIAM said on Friday. The RBI on Friday cut repo rate by a higher-than-expected 50 basis points to prop up growth, which has slowed to a four-year low of 6.5 per cent in FY25. Following the rate cut, the key policy rate eased to a three-year low of 5.5 per cent, providing relief to home, auto and corporate ...Read More >
New Delhi, Jun 6 (PTI) Realtors' apex bodies CREDAI and NAREDCO hailed the RBI decision to cut repo rate by 50 basis points, saying that this bold and timely step will improve consumer sentiment and boost housing sales, especially of low-cost homes. On Friday, the RBI cut interest rates by 50 basis points, a third consecutive reduction, and unexpectedly reduced the cash reserve ratio for banks to provide a major liquidity fillip to support the economy amid geopolitical and tariff headwinds. We ...Read More >
MUMBAI, India -- India's central bank cut interest rates more than expected on Friday. For this, the Reserve Bank of India (RBI) cited muted inflation and a need to kickstart economic growth. This happened as the impact of US tariffs weighed on the country's outlook. The RBI lowered the benchmark repo rate, the level at which it lends to commercial banks. This went down by 50 basis points to 5.5 percent. A majority of analysts had expected a 25-basis-point reduction. The cut was RBI's third i ...Read More >
New Delhi [India] June 6 (ANI): As global bond markets experience turbulence amid rising long-dated treasury yields in the United States and Japan, experts say India's long-term government securities (G-secs) are expected to remain resilient, supported by strong domestic fundamentals and accommodative policy by the Reserve Bank of India (RBI). On June 6, 2025, the Reserve Bank of India (RBI) cut the repo rate by 50 basis points. According to the Federal Reserve Bank of St. Louis, the 30-year U ...Read More >
New Delhi [India], June 6 (ANI): The decision of the Reserve Bank of India (RBI) to reduce the policy repo rate will significantly help mid-segment housing across top-tier cities, translating into lower EMIs (Equated Monthly Installment) and better affordability, said real estate executives, terming it a 'strategic move'. The policy rates massively impact the sale of the real estate infrastructure, as lowering of rates means lower interest rates from banks for the home buyers and cheaper EMIs. ...Read More >
New Delhi [India], June 6 (ANI): Economists across the board have welcomed the Reserve Bank of India's (RBI) latest policy decision, terming the 50 basis points (bps) repo rate cut as a pro-growth move that is expected to significantly boost liquidity and economic activity in the country. On Friday, RBI Governor Sanjay Malhotra announced the decision of the Monetary Policy Committee (MPC), stating that the policy repo rate has been reduced from 6 per cent to 5.5 per cent. This larger-than-expe ...Read More >
New Delhi, June 6 (SocialNews.XYZ) Top bankers on Friday hailed the Reserve Bank's decision to reduce repo rate by 50 basis points to 5.50 per cent and cash reserve ratio (CRR) by 100 basis points in four tranches, saying the policy move is expected to provide the necessary drive for credit expansion in priority sectors which will enhance the financial inclusion. Besides this, the revision in CPI inflation to 3.7 per cent for FY26 also shows the RBI's confidence in inflation being aligned with ...Read More >
New Delhi [India], June 6 (ANI): The decision of the Reserve Bank of India (RBI) to reduce the policy repo rate will significantly help mid-segment housing across top-tier cities, translating into lower EMIs (Equated Monthly Installment) and better affordability, said real estate executives, terming it a 'strategic move'. The policy rates massively impact the sale of the real estate infrastructure, as lowering of rates means lower interest rates from banks for the home buyers and cheaper EMIs. ...Read More >
New Delhi [India] June 6 (ANI): As global bond markets experience turbulence amid rising long-dated treasury yields in the United States and Japan, experts say India's long-term government securities (G-secs) are expected to remain resilient, supported by strong domestic fundamentals and accommodative policy by the Reserve Bank of India (RBI). On June 6, 2025, the Reserve Bank of India (RBI) cut the repo rate by 50 basis points. According to the Federal Reserve Bank of St. Louis, the 30-year U ...Read More >
Katra: Prime Minister Narendra Modi on Friday flagged off a Vande Bharat train service between Katra and Srinagar in Jammu and Kashmir, the first train connection between the Kashmir valley and the Jammu region. Modi inaugurated the train in the presence of Railway Minister Ashwini Vaishnaw, Jammu and Kashmir LG Manoj Sinha, and Chief Minister Omar Abdullah, among others. Earlier, the PM inaugurated the Chenab Railway Bridge, the world's tallest rail bridge, and Anji Khad Bridge, the country's ...Read More >
NEW DELHI: Indian equities surged sharply after the Reserve Bank of India (RBI) delivered a larger-than-expected 50 basis points repo rate cut, reducing it to 5.5% in today's Monetary Policy Committee (MPC) meeting. The move, led by Governor Sanjay Malhotra, exceeded market expectations of a modest 25 basis points cut, thus fueling a broad-based rally. The BSE Sensex zoomed by about 800 points to trade above 82,200 level while the NSE Nifty surge more than 250 points to trade around 25,000 leve ...Read More >
CHENNAI: Indian equity markets experienced a significant rally today, spurred by the Reserve Bank of India's (RBI) unexpected policy measures aimed at stimulating economic growth. The RBI slashed the key repo rate by 50 basis points and reduced the Cash Reserve Ratio (CRR) by 100 basis points, injecting approximately ₹2.5 lakh crore into the banking system. This aggressive easing, coupled with a shift in the RBI's policy stance from 'accommodative' to 'neutral', boosted investor sentiment across ...Read More >
New Delhi [India], June 6 (ANI): The decision of the Reserve Bank of India (RBI) to reduce the policy repo rate will significantly help mid-segment housing across top-tier cities, translating into lower EMIs (Equated Monthly Installment) and better affordability, said real estate executives, terming it a "strategic move". The policy rates massively impact the sale of the real estate infrastructure, as lowering of rates means lower interest rates from banks for the home buyers and cheaper EMIs. ...Read More >
Mumbai: The Reserve Bank Friday decided to cut Cash Reserve Ratio (CRR) by a huge 1 per cent, which will unlock Rs 2.5 lakh crore liquidity to the banking system for lending to productive sectors of the economy. With the reduction in four equal tranches ending November 29, 2025, the CRR would come down to 3 per cent. This means that the commercial banks would have to maintain a lower level of 3 per cent in liquid cash form with the RBI allowing them to have higher funds for lending. The last m ...Read More >
New Delhi [India], June 6 (ANI): Economists across the board have welcomed the Reserve Bank of India's (RBI) latest policy decision, terming the 50 basis points (bps) repo rate cut as a pro-growth move that is expected to significantly boost liquidity and economic activity in the country. On Friday, RBI Governor Sanjay Malhotra announced the decision of the Monetary Policy Committee (MPC), stating that the policy repo rate has been reduced from 6 per cent to 5.5 per cent. This larger-than-expe ...Read More >
Mumbai: Reserve Bank on Friday decided to cut Cash Reserve Ratio (CRR) by a huge 1 per cent, which will unlock Rs 2.5 lakh crore liquidity to the banking system for lending to productive sectors of the economy.With the reduction in four equal tranches ending November 29, 2025, the CRR would come down to 3 per cent. This means that the commercial banks would have to maintain a lower level of 3 per cent in liquid cash form with the RBI allowing them to have higher funds for lending."The Reserve B ...Read More >
Mumbai: The Reserve Bank of India (RBI) has cut the repo rate for the third time in 2025. This time, the cut is big -- 50 basis points. Now the repo rate is down to 5.5 per cent. The repo rate is the rate at which RBI lends money to banks. When RBI lowers this rate, banks also reduce the interest on loans. So, home loans, car loans, and personal loans may become cheaper. This is great news for people who want to take a loan. Their loan EMIs will be lower, and they will save money. But this ne ...Read More >
New Delhi, June 6 (SocialNews.XYZ) The jumbo 50 bps rate cut by the Reserve Bank of India (RBI) will directly benefit home loan borrowers, especially existing ones, by reducing their interest burden, experts said on Friday. The decision comes at a pivotal time, as India, now the world's fourth-largest economy, is witnessing strong real estate momentum across metros as well as tier 2 and 3 cities. "Lower lending rates will directly enhance home loan affordability, particularly in interest-sensi ...Read More >
Mumbai, Jun 6 (PTI) The RBI on Friday cut inflation projections for the current fiscal to 3.7 per cent from the earlier estimate of 4 per cent, as it expects core inflation to remain benign with the easing of international commodity prices. The sub-4 per cent average retail inflation projection is the lowest in recent years. Also Read | Repo Rate Cut: Sensex Welcomes RBI Governor Sanjay Malhotra's Jumbo 50 BPS Rate Cut Announcement, Surges Over 500 Points. The RBI, which cut key policy rate b ...Read More >
New Delhi [India], June 6 (ANI): Economists across the board have welcomed the Reserve Bank of India's (RBI) latest policy decision, terming the 50 basis points (bps) repo rate cut as a pro-growth move that is expected to significantly boost liquidity and economic activity in the country. On Friday, RBI Governor Sanjay Malhotra announced the decision of the Monetary Policy Committee (MPC), stating that the policy repo rate has been reduced from 6 per cent to 5.5 per cent. Also Read | Citigroup ...Read More >
Mumbai, June 6: The Indian benchmark indices surged on Friday after the RBI Governor Sanjay Malhotra announced a jumbo 50 bps rate cut -- from 6 per cent to 5.5 per cent -- and a 100 basis point cut in the Cash Reserve Ratio (CRR), from 4 per cent to 3 per cent. The immediate effect of the decision was seen on the Indian stock market. At around 10.46 am, Sensex was trading 505.7 points or 0.62 per cent up at 81,947.74 while the Nifty added 168.40 point or 0.68 per cent at 24,919.30. Nifty Bank ...Read More >
Mumbai, Jun 6 (PTI) Reserve Bank on Friday decided to cut Cash Reserve Ratio (CRR) by a huge 1 per cent, which will unlock Rs 2.5 lakh crore liquidity to the banking system for lending to productive sectors of the economy. With the reduction in four equal tranches ending November 29, 2025, the CRR would come down to 3 per cent. This means that the commercial banks would have to maintain a lower level of 3 per cent in liquid cash form with the RBI allowing them to have higher funds for lending. ...Read More >
MUMBAI: In a move that jolted markets and defied expectations, the Reserve Bank of India cut its benchmark policy rate by 50 basis points and announced a Rs 2.5 lakh crore liquidity infusion via a 100 basis point reduction in the cash reserve ratio (CRR). The CRR cut reduces the portion of deposits banks must park with the central bank, effectively freeing up funds to support credit growth.Governor Sanjay Malhotra framed the dual action as a response to shifting macroeconomic conditions, stating ...Read More >
Mumbai, Jun 6 (PTI) Reserve Bank on Friday decided to cut Cash Reserve Ratio (CRR) by a huge 1 per cent, which will unlock ₹2.5 lakh crore liquidity to the banking system for lending to productive sectors of the economy. With the reduction in four equal tranches ending November 29, 2025, the CRR would come down to 3 per cent. This means that the commercial banks would have to maintain a lower level of 3 per cent in liquid cash form with the RBI allowing them to have higher funds for lending. " ...Read More >
Mumbai, Jun 6 (PTI) Reserve Bank on Friday decided to cut Cash Reserve Ratio (CRR) by a huge 1 per cent, which will unlock Rs 2.5 lakh crore liquidity to the banking system for lending to productive sectors of the economy. With the reduction in four equal tranches ending November 29, 2025, the CRR would come down to 3 per cent. This means that the commercial banks would have to maintain a lower level of 3 per cent in liquid cash form with the RBI allowing them to have higher funds for lending. ...Read More >
Mumbai: The Indian stock market saw a strong rally on Friday following the Reserve Bank of India's announcement of a significant rate cut. RBI Governor Sanjay Malhotra revealed a 50 basis points (bps) reduction in the repo rate -- from 6% to 5.5% -- along with a 100-bps cut in the Cash Reserve Ratio (CRR), bringing it down from 4% to 3%. The immediate impact was visible on the Indian indices. As of 10:46 am: Dr. VK Vijayakumar, Chief Investment Strategist at Geojit Investments Ltd., noted: " ...Read More >
NEW DELHI: In a move to further ease the liquidity situation, the Reserve Bank of India (RBI) on Thursday announced a 100 basis points reduction in the Cash Reserve Ratio (CRR) in a staggered manner through the remainder of 2025. This cut, from 4% to 3% of net demand and time liabilities (NDTL), is expected to release around ₹2.5 lakh crore of primary liquidity into the banking system by November. Governor Sanjay Malhotra said the CRR reduction is aimed at easing the cost of funds for banks and ...Read More >
Mumbai, June 6 (SocialNews.XYZ) The Indian benchmark indices surged on Friday after the RBI Governor Sanjay Malhotra announced a jumbo 50 bps rate cut -- from 6 per cent to 5.5 per cent -- and a 100 basis point cut in the Cash Reserve Ratio (CRR), from 4 per cent to 3 per cent. The immediate effect of the decision was seen on the Indian stock market. At around 10.46 am, Sensex was trading 505.7 points or 0.62 per cent up at 81,947.74 while the Nifty added 168.40 point or 0.68 per cent at 24,919 ...Read More >
Stay updated with the latest None news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on None topics.