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RBI Directs Banks to Implement Swift 50 bps Rate Cuts for Customers

By BPN News Desk June 27, 2025
Economy National
The Reserve Bank of India has issued a clear directive to all scheduled commercial banks, instructing them to promptly pass on the recent 50 basis points (bps) reduction in the repo rate to customers. The move comes in the wake of the RBI’s decision to lower the policy rate from 6.50% to 6.00%,
Economy National

RBI Considers Further Rate Cuts Amid US Tariff Impact on Indian Economy

By BPN News Desk April 6, 2025
The Reserve Bank of India is weighing the option of further rate cuts in response to the economic impact of new US tariffs imposed on Indian exports. The 26% reciprocal tariffs are expected to hit trade volumes and slow down GDP growth in the current financial year. Economists estimate that India’s GDP growth could fall […]

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