The Reserve Bank of India cut the repo rate by 25 basis points to 6.25%, marking its first reduction in nearly five years.
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 ...
This is the first meeting of the panel under the leadership of RBI Governor Sanjay Malhotra, who assumed office in December ...
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Governor Malhotra told investors that the RBI prioritizes long-term stability over any particular level of the exchange rate. He stressed India’s strong foreign exchange reserves, which as of January ...
A 25-basis point rate cut will not move the needle materially on lending rates for corporates or retail borrowers.
A clutch of key regulations was to come into force in the next few months. These include asking banks to set aside a higher ...
The rupee recovered 9 paise from its all-time low level to close at 87.50 against the US dollar on Friday after the Reserve Bank of India reduced the key policy rate by 25 basis points in line with ...
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 ...
India's foreign exchange reserves rose for a second straight week and stood at $630.6 billion as of January 31, the Reserve ...
The Reserve Bank of India (RBI) has cut the repo rate by 25 basis points to 6.25%, the first cut since 2020, under new ...
We shall now include forward contracts in government securities in this suite. This will facilitate long-term investors such ...