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After Tax Relief, RBI Cuts Repo Rate After 5 Years; Finally ‘Ache Din’ For Aam Aadmi? | Mirror Prime
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February 7, 2025
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20:15Now PlayingIn this episode of Mirror Prime, anchor Ashish Pareek discusses the recent Monetary Policy Committee of the Reserve Bank of India (RBI) announcement of a 25 basis points cut in the repo rate, bringing it down to 6.25% from the earlier 6.5%. A panel of experts has joined Ashish Pareekh to discuss this in detail. Banking Expert, Dr. Nishant S Mehta says “Repo Rate cuts will impact banks because they'd have to reduce interest rates, interest rates only cuts when the term starts, banks will take time for cuts...” Another panelist Financial Expert Vivek Banka says, "Repo Rate reduction was long overdue, interest rates were high for some time, in last 2 quarters GDP growth fell substantially; govt still hasn't addressed liquidity deficit in the system.." Watch the full video to know more and follow Mirror Now for the latest updates.
#rbi #reporate #reservebankofindia #economy #englishnews #topnews #latestnews #breakingnews #bignews #headlines #topupdates #newstoday #mirrornow
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