India central bank cuts key rate for first time in nearly five years to spur economy
India's central bank has cut the key repo interest rate at which it lends to commercial banks by a quarter point to 6.25%. It's India's first rate cut in almost five years, but one widely expected from the Reserve Bank of India's new governor.
forex reserves, India
The Reserve Bank of India has delayed the implementation of proposed liquidity regulations for lenders that may have hampered ...
Prime Minister Narendra Modi aims to revive India's slowing economy through tax and interest rate cuts. Despite these efforts ...
MUMBAI (Reuters) - India's central bank governor on Friday cautioned lenders against rising instances of frauds in digital ...
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 (RBI) on Friday reduced the repo rate by 25 basis points from 6.5% to 6.25% in another step to boost the economy, media reports said.
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