India cuts policy rate for the first time in nearly five years, new central bank governor says
The Reserve Bank of India has cut its key interest rate for the first time in nearly five years, as cooling inflation has offered room to stimulate the slowing economy. The Monetary Policy Committee decided to trim the repo rate by 25 basis points to 6.
India, forex reserves
India's central bank will be agile in responding to the liquidity needs of the banking system, Reserve Bank of India (RBI) ...
The decrease in deposit rates results in diminished returns for fixed deposit (FD) investors, particularly senior citizens ...
The Reserve Bank of India has delayed the implementation of proposed liquidity regulations for lenders that may have hampered ...
MUMBAI (Reuters) - India's central bank governor on Friday cautioned lenders against rising instances of frauds in digital ...
The UBI stated, "MPC revised FY25 growth projection to 6.4 per cent from 6.6 per cent previously even as it projects recovery ...
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) reduced its key repo rate on Friday for the first time since May 2020, aiming to provide ...
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