All six members voted unanimously for the rate cut while maintaining a neutral stance. The rate cut comes even as the past ...
This is the first meeting of the panel under the leadership of RBI Governor Sanjay Malhotra, who assumed office in December ...
The rate cut is expected to bring relief to borrowers, as banks are likely to lower lending rates on home, auto and education ...
Governor Malhotra told investors that the RBI prioritizes long-term stability over any particular level of the exchange rate. He stressed India’s strong foreign exchange reserves, which as of January ...
Sharing 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.
RBI introduces ‘bank.in’ and ‘fin.in’ domains to enhance digital banking security and combat fraud. From April 2025, all Indian banks will operate under ‘bank.in’ for easy identification for users ...
This move comes as part of an effort to curb practices that lead to consumer detriment and to ensure a level playing field in ...
The Reserve Bank of India cut its policy rate for the first time in nearly five years as economic growth slows and inflation ...