Muthoot said that cost of funds are likely to come off only marginally and therefore he does not expect that to translate into lower lending rate.
The RBI has doubled the quantum of government securities it aims to purchase Rs to 400 billion rupees ($4.61 billion) on a ...
State Bank of India (SBI) has reduced its External Benchmark-based Lending Rate (EBLR) and Repo Linked Lending Rate (RLLR) by ...
The Reserve Bank of India will step up its liquidity infusion and inject over $16 billion next week into the banking system, ...
The stock market jitters have occurred despite government measures, including tax relief and the Reserve Bank of India's (RBI ...
In line with the moderation in retail inflation, wholesale inflation in India too witnessed a decline in January. The annual rate of inflation based on all India Wholesale Price Index (WPI) number is ...
The Reserve Bank of India last week cut the repo rate from 6.50% to 6.25%, the first such reduction since 2020. According to ...
This could clear the way for another rate cut by the Reserve Bank of India, which slashed rates from 6.5% to 6.25% after its monetary policy meeting on Feb. 7.
According to various reports, Reserve Bank of India (RBI) might give more relief to the middle class by further cutting ...
The repo rate is the rate at which commercial banks borrow from the RBI. This drop comes after nearly 5 years of house loan ...
RBI has always focused on ease of credit and will take further steps to ensure that enough liquidity remains in the banking ...
“The rate cut, coupled with recent liquidity-boosting measures, is expected to drive fresh investments and kick-start the consumption cycle. Sectors such as banking, auto, FMCG, consumer durables, ...