India central bank cuts rates for first time in nearly 5 years; signals less restrictive approach
MUMBAI: The Reserve Bank of India (RBI) cut its key repo rate for the first time in nearly five years on Friday (Feb 7) and signalled a less restrictive policy approach ahead, as it seeks to provide stimulus to the sluggish economy.
The decision by RBI on Friday to reduce its key rate for the first time in five years comes less than a week after the ...
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RBI MPC 2025: Panel Lowers Inflation Projections For FY25, Check CPI Inflation Estimate For FY26 HereSharing the projections about inflation levels in the economy, Governor Sanjay Malhotra said that the retail inflation rate for the 2024-25 fiscal year (FY25) is now estimated to be at 4.5 per cent.
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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 ...
The Reserve Bank of India forecasted India's GDP to grow at 6.7% in FY26, with quarterly projections at around 6.5%-7%. The ...
Recently, the Reserve Bank of India has cut the repo rate to 6.50 per cent after leaving it unchanged for 11 consecutive ...
Malhotra: You would have observed in the past couple of months and even before that, it has been the RBI’s endeavour to ...
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Reserve Bank of India Governor Sanjay Malhotra on Friday said the bank's forex policy has remained consistent, in favour of ...
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