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.
forex, India
At last. After dodging interest rate cuts for five years, the Reserve Bank of India acted in deference to its new policy ...
The Reserve Bank of India has delayed the implementation of proposed liquidity regulations for lenders that may have hampered ...
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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