The Reserve Bank of India cut the repo rate by 25 basis points to 6.25%, marking its first reduction in nearly five years. The central bank aims to balance inflation control with economic growth, ...
As announced in the Monetary Policy Statement dated February 07, 2025, it has been decided by the Monetary Policy Committee (MPC) to reduce the policy repo rate under the Liquidity Adjustment Facility ...
The Indian economy, though continuing to remain strong and resilient, also did not remain immune to these global headwinds, ...
The Reserve Bank of India (RBI) has introduced key policy measures in financial markets, cybersecurity, and payment systems to enhance market efficiency and security. In financial markets, RBI plans ...
Reserve Bank Governor Sanjay Malhotra on Friday said the exchange rate policy has remained consistent over the years and the central bank does not target any ‘specific level or band’ of the rupee, ...
Home, auto and other loans are likely to see a drop in interest rates after the Reserve Bank of India under a new Governor cut the key benchmark rate on Friday for the first time in almost five years ...
The decision was in line with a Reuters poll, where over 70% of economists had predicted a quarter-point reduction, and marked the first reduction in India's key rate since May 2020 ...
"India can achieve 7 per cent growth rate and above, and we should aspire for that," Malhotra said. The RBI maintained its ...
Benchmark indices Sensex and Nifty were trading in the positive territory on Friday after the RBI under new Governor Sanjay Malhotra cut interest rate for the first time in nearly five years. The ...
Looking ahead, we believe that the growth-inflation outlook suggests that there is room for another 25 bps rate cut in either ...
Those depositors who are looking to lock their money in fixed deposits may consider the current rates as the highest they ...
The Reserve Bank of India (RBI) on Friday announced the decisions taken in its 53rd meeting of the Monetary Policy ...