The monetary policy committee on Friday cut the policy interest rate by 25 basis points to 6.25% to support growth. At a post ...
The RBI’s Monetary Policy Committee cut the repo rate by 25 bps for the first time in nearly five years, maintaining a neutral stance. Governor Sanjay Malhotra noted inflation is aligning with targets ...
The rate pivot by the MPC is a welcome measure, which will give markets some confidence that the RBI is also committed to ...
A lower repo rate means banks can borrow funds at a lower cost from the central bank and are expected to pass on the lower ...
Hyderabad: CREDAI Hyderabad extends heartfelt thanks to RBI Governor Sanjay Malhotra and the Monetary Policy Committee for ...
A 25-basis point rate cut will not move the needle materially on lending rates for corporates or retail borrowers.
India central bank announced a 25 basis point cut in its key lending rate on Friday in a bid to spur economic growth The rate cut by the Reserve Bank of India monetary policy committee was the first s ...
Under this program, the bank has introduced a dedicated feature on its Mobile Banking app called ‘Senior Citizen Specials’.
Repo rate cut by 25 basis points to 6.25% to boost growth amid easing inflation and global uncertainties, maintaining neutral ...
Congress leader Rajeev Shukla on Friday welcomed RBI decision to reduce repo rate by 25 basis points bps to 625 per cent and said that it will help trade a ...
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 ...
Equity benchmark indices Sensex and Nifty ended lower on Friday as the RBI's rate cut did not spring any major surprise for the markets and investors turned to profit-taking amid foreign fund outflows ...