A 25-basis point rate cut will not move the needle materially on lending rates for corporates or retail borrowers.

A lower repo rate means banks can borrow funds at a lower cost from the central bank and are expected to pass on the lower ...

Congress leader Rajeev Shukla on Friday welcomed RBI decision to reduce repo rate by 25 basis points bps to 625 per cent and said that it will help trade a ...

Repo rate cut by 25 basis points to 6.25% to boost growth amid easing inflation and global uncertainties, maintaining neutral ...

A clutch of key regulations was to come into force in the next few months. These include asking banks to set aside a higher ...

India’s foreign exchange reserves have risen for the second consecutive week, reaching $630.6 billion as of 31 January, according to Reserve Bank of India (RBI) Governor Sanjay Malhotra. The reserves ...

The rupee recovered 9 paise from its all-time low level to close at 87.50 against the US dollar on Friday after the Reserve Bank of India reduced the key policy rate by 25 basis points in line with ...

India central bank announced a 25 basis point cut in its key lending rate on Friday in a bid to spur economic growth The rate cut by the Reserve Bank of India monetary policy committee was the first s ...

The reduction in the policy interest rates by the Reserve Bank of India (RBI) is a catalyst for boosting demand across different sectors of the economy, a top industry body said on Friday. In a bid to ...

The Reserve Bank of India (RBI) has unveiled a comprehensive set of security initiatives for 2024 aimed at strengthening the digital banking and payments ecosystem in India. The measures build upon ...

In his maiden interaction with the media after assuming office in December, Malhotra underlined that while financial stability is important, the 'cost of regulations' will also be looked at by the ...

In a big relief for banks, RBI Governor Sanjay Malhotra announced on Friday that the implementation of the proposed Liquidity ...