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 Rupee recovered 15 paise from its all-time low closing level to 87.44 (provisional) against the US Dollar on Friday after the Reserve Bank of India (RBI) reduced repo rate by 25 basis points in ...
Governor Sanjay Malhotra said that industrial growth remained weak, meanwhile services sector and a recovery in agriculture supported advancement on the supply side.
Retail borrowers who have taken floating rate loans will see their EMIs shrink as banks pass on the benefit of lower repo ...
Governor Sanjay Malhotra revealed that banks will soon operate under an exclusive domain name, ‘fin.in,’ as a measure to curb ...
LONDON (Reuters) - Bank of England Chief Economist Huw Pill said an expected rise in inflation this year would probably not ...
Niranjan Hiranandani, MD of Hiranandani Group, hails RBI's repo rate cut as a catalyst for affordable housing growth. This ...
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 ...
The Reserve Bank of India reduced the repo rate by 25 basis points, lowering it to 6.25%, under the leadership of new ...
Key takeaways from the RBI MPC meeting on GDP growth, interest rates, and the economic outlook. Insights for India's ...
Economists had seen a strong case for a cut after advance data for the financial year ending March signaled that India's economy slowed to a four-year low. The latest budget added to those ...
Monetary Policy Committee (MPC), led by newly appointed Governor Sanjay Malhotra, announced a 25-basis-point cut in the repo ...