The RBI under new Governor Sanjay Malhotra on Friday cut interest rate for the first time in nearly five years as the central bank pivoted the policy stance to support a shuttering economy. The 25 ...
The MPC reduced the repo rate by 25 basis points to 6.25%, marking the first rate cut since May 2020. The committee ...
RBI projects 6.7% growth for 2025-26 fiscal year, driven by strong Rabi prospects and tax relief for households.
Those depositors who are looking to lock their money in fixed deposits may consider the current rates as the highest they would see in near future.
Forex traders said there is an overall negative bias in the rupee as market participants are projecting RBI to cut rates by 25 bps.
RBI Monetary Policy Meeting February 2025 Live Updates: The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) ...
The former revenue secretary in the Ministry of Finance, Malhotra is expected to announce the cuts to lower interest rates ...
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 ...
The rate cut can be viewed as a positive for lenders having a higher share of fixed rate portfolio, especially credit card issuers, vehicle financiers and gold financiers.
Let’s take a look at an example as to how your existing home loan under floating interest rate system may change. Say you ...
After cutting the cash reserve ratio (CRR) by 50 bps from 4.5% of NDTL, to 4.0% of NDTL in the December 2024 policy, the RBI ...
In relief for borrowers, the Reserve Bank of India reduced the policy rate by 25 bps; first cut in almost five years ...