India's Central Bank Cuts Repo Rate for First Time in Nearly 5 Years
(Reuters) -The Reserve Bank of India (RBI) reduced its key repo rate on Friday for the first time since May 2020, aiming to provide stimulus to the sluggish economy, which is projected to grow at its slowest pace in four years during the current fiscal year.
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RBI Governor Sanjay Malhotra Says India Can Clock GDP Growth Rate Of Over 7 Per CentThe MPC under the central bank projected the Indian economy to clock a growth rate of 6.7 per cent in the upcoming 2025-26 ...
The MPC under the new RBI governor will have to walk a tightrope between taming inflation and boosting economic growth. India ...
“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, ...
The Reserve Bank of India (RBI) has cut the repo rate by 25 basis points to 6.25%, the first cut since 2020, under new ...
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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 ...
RBI Governor Sanjay Malhotra believes India can achieve over 7% growth, highlighting the budget's positive impact on ...
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.
The Reserve Bank of India reduced its key interest rates for the first time in nearly five years as the newly appointed governor ...
The Reserve Bank of India has decided to add an additional layer of security for customers who use their cards to make online ...
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