Retail inflation in April is expected to have fallen to a six-year low of 3.27 in April, which will give the RBI the space to ...

Despite recent repo rate cuts by the RBI, several banks like SBI, ICICI Bank, IDBI Bank, and IndusInd Bank have maintained their fixed deposit interest rates. While some banks have discontinued or ...

A major source of resistance to sharper cuts is from banks that fear a contraction in margins because slow deposit growth ...

The first 25 bps cut could come as early as the next Monetary Policy Committee (MPC) meeting, said CS Shetty, Managing ...

Inflation in India is expected to stay near target this fiscal year, providing space to support growth through further monetary easing, members of the country's rate-setting panel said in the minutes ...

(Image: Pixabay ) RBI rate cut: The Reserve Bank of India Governor Sanjay Malhotra on April 9 announced that the central bank is cutting repo rate by 25 bps to 6 per cent with immediate effect.

RBI Monetary Policy Committee (MPC), in its April 07-09 meeting, cut repo rates by another 25 bps to 6.00%, on top of 25 bps cut in February. This lowered the SDF rate to 5.75%, and the MSF / Bank ...

cut the repo rate by 25 basis points (bps), bringing it down from 6.25 per cent to 6 per cent during the meeting of the Monetary Policy Committee (MPC) headed by RBI Governor Sanjay Malhotra.

The results of the Altron FinTech Household Resilience Index (AFHRI) for the fourth quarter of 2024 have been released, confirming a modest improvement in the financial position of South African ...