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.
RBI's Strategic Rate Cut Fuels Economic Revival
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 Governor Sanjay Malhotra. The move aims to boost demand and growth across sectors like housing and automobile while maintaining a neutral policy stance.
Governor Sanjay Malhotra on Saturday said that the central bank is aiming to make India ‘investor-friendly,’ reported the ...
The Reserve Bank of India's holding of sovereign bonds due to mature next financial year will likely be treated at par with ...
RBI approves voluntary amalgamations in UCB sector, aiming to strengthen financial stability through consolidation and ...
ABP Live on MSN20h
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 ...
India's benchmark indexes were little changed on Thursday, as investors awaited key corporate earnings and the Reserve Bank ...
Reserve Bank of India (RBI) governor Sanjay Malhotra on Saturday said market forces decide the value of the rupee with ...
Hosted on MSN9h
Trying to stop digital fraud in the name of banks, RBI took this big step, people will get convenience.Nowadays, incidents of cybercrime are increasing continuously. Many times scammers cheat people in the name of banks. To ...
The Reserve Bank of India (RBI) has, by an order dated January 15, 2025, imposed a monetary penalty of ?26.70 lakh (Rupees ...
Results that may be inaccessible to you are currently showing.
Hide inaccessible results
Feedback