Ranks #48 on
India Trends
Started trending 16 hours ago
About This Trend
Repo Rate is the rate at which the Reserve Bank of India (RBI) lends money to banks.
The RBI is trending due to its recent Monetary Policy Committee (MPC) meeting, where it cut the repo rate by 25 basis points to 6%, changing its stance to accommodative from neutral, in response to stable growth and low inflation.