India's central bank seen cutting rates for first time since May 2020
India's central bank is widely expected to cut interest rates for the first time in nearly five years in Governor Sanjay Malhotra's first monetary policy review on Friday, aiming to boost economic growth which is seen falling to a four-year low.
India likely to cut benchmark rates for the first time in nearly five years as economy slows, inflation eases
The Indian government has been steadily lowering its full-year real GDP forecasts, after the economic growth missed expectations by a large margin in the quarter ended September, when its grew by 5.4% — its slowest expansion in nearly two years.
RBI MPC 2025: Central Bank Likely To Cut Repo Rate This Time? Here’s What Experts Suggest
The RBI has kept the repo rate steady at 6.5 per cent since February 2023. The last rate cut occurred in May 2020 during the pandemic, after which the rate was gradually raised to its current level
India's central bank asks lenders to tighten cybersecurity oversight
India's central bank said on Monday its chief has urged banks to tighten their oversight on cybersecurity issues and to have systems in place that can prevent digital fraud.
India's RBI to cut rates for the first time since 2020
The Reserve Bank of India is widely expected to cut interest rates for the first time in nearly five years. This is according to a Reuters survey of economists and analysts. Inflation in India has declined;
Indian central bank likely conducting buy/sell USD-INR swaps, traders say
India's central bank is likely conducting buy/sell dollar-rupee swaps in addition to selling spot dollars to support the ...
Central Bank of India ZBO 2025 Recruitment – Steps to Apply for 266 Openings
The Central Bank of India has commenced the application process for the recruitment of Zone Based Officers (ZBO) for 2025.
Business Times5d
India central bank injects US$5.10 billion via FX swap to ease cash crunch
INDIA’S central bank injected US$5.10 billion through a foreign-exchange swap auction, using the tool for the first time in five years to ease a severe cash crunch plaguing the financial system.
Foreigners step up India bond purchases before anticipated interest rate cut
Indian government bonds are seeing increased buying interest from foreign investors ahead of an anticipated interest rate cut ...
ThePrint1d
Indian central bank likely sold dollars to support rupee, traders say
The Reserve Bank of India likely intervened to support the rupee on Wednesday as the currency hovered near its all-time low amid broad-based interbank dollar demand, three traders ...
Yahoo Finance7d
Banks, importers seen lapping up India central bank's $5 billion FX swap
MUMBAI (Reuters) - The Reserve Bank of India's $5 billion dollar/rupee buy-sell swap auction on Friday is likely to see strong demand from lenders and corporate treasuries, six bankers said.
India Targets 9% Boost From RBI, Banks to Offset Tax Cuts
India’s government expects income from the central bank and public-owned financial institutions to increase 9% in the coming fiscal year, helping to offset a drop in tax revenue.