Mumbai: The Reserve Bank of India (RBI) on Friday raised the country’s real GDP growth forecast to real GDP growth for ...
RBI’s first rate cut in nearly five years failed to enthuse the markets, leading to declines in the benchmark Nifty 50 and ...
A Special Rupee Vostro Account (SRVA) is a banking arrangement that allows foreign banks to hold Indian rupees in an account ...
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.
29mon MSN
Today’s monetary policy reflects a steady state of thinking at RBI. Today’s rate cut continued the MPC pivot to the “neutral” ...
On the day, the currency rose about 0.2% to end at 87.4250 against the U.S. dollar. It declined by nearly 1% on the week though, its worst weekly performance since December 2022. Asian currencies were ...
6h
ABP Live on MSNRBI MPC 2025: Panel Slashes Key Rates By 25 Bps, See How This Will Make Home Loans CheaperThis marked the first rate reduction from the central bank in almost five years and this decision will translate into reduced ...
Today’s RBI rate cut is seen as the start of a rate-cut cycle that could lead to a gradual decline in the interest rates ...
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