Kotak Mahindra Bank (KMB) and the Reserve Bank of India (RBI) have had a long history of regulatory challenges, spanning ...
RBI buys 73 tonnes of gold in 2024, diversifying reserves. India’s gold stock is now at 876.18 tonnes, with $70.89B in value.
Led by newly-appointed RBI Governor Sanjay Malhotra, the brand-new Monetary Policy Committee is scheduled to meet from ...
Mumbai: RBI's monetary policy committee (MPC) has cut the repo rate by 25 basis points to 6.25%, ending the longest pause in the history of the monetary policy framework. Announcing the decision, RBI ...
Monetary Policy Committee (MPC) on Friday ‘unanimously’ decided to reduce the policy rate by 25 bps from 6.50 per cent to 6.25 per cent.
How to Calculate the Repo Rate? The interest rates that commercial banks pay to the RBI or get when they put money in the RBI must be agreed upon and standardised. The repo rate is key to keeping ...