India cuts policy rate for the first time in nearly five years, new central bank governor Malhotra says
The Reserve Bank of India has cut its key interest rate for the first time in nearly five years, as cooling inflation has offered room to stimulate the slowing economy. The Monetary Policy Committee decided to trim the repo rate by 25 basis points to 6.
The RBI announced a 25-basis-point rate cut to 6.25% on February 7, its first in nearly five years. While the market had ...
The Reserve Bank of India seeks to boost the sluggish economy and sees inflation easing towards its 4% target.
DBS' Taimur Baig welcomes India's trade policy rethink especially as its U.S. trade exposure could turn into a key chokepoint ...
India’s central bank is introducing an exclusive “.bank.in” domain for banks from April 2025 as part of efforts to combat rising digital payment frauds and bolster trust in online banking services.
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A Special Rupee Vostro Account (SRVA) is a banking arrangement that allows foreign banks to hold Indian rupees in an account ...
The decision by RBI on Friday to reduce its key rate for the first time in five years comes less than a week after the ...
The Reserve Bank of India forecasted India's GDP to grow at 6.7% in FY26, with quarterly projections at around 6.5%-7%. The ...
Recently, the Reserve Bank of India has cut the repo rate to 6.50 per cent after leaving it unchanged for 11 consecutive ...
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