RBI cuts rates after a 5-year pause – Repo rate at 6.25%, other key highlights from RBI Policy that you need to know now
The RBI highlighted that Policy needs to support growth while the RBI maintains a Neutral stance to remain adequately watchful on tackling inflation.
INR edges up against US dollar, RBI cuts rates for first time in five years
INR had fallen to an all-time low against the US dollar this week, as global trade war concerns fuelled risk aversion among investors. Meanwhile, Reserve Bank of India cut the repo rate the rate at which the RBI lends to other banks by 25 basis points to 6.
India's central bank cuts repo rate for first time in nearly 5 years
The Reserve Bank of India (RBI) reduced its key repo rate on Friday for the first time since May 2020, aiming to provide stimulus to the sluggish economy, which is projected to grow at its slowest pace in four years during the current fiscal year.
RBI cuts repo rate by 25 bps to 6.25% after 5 yrs; industry welcomes move
The Reserve Bank of India (RBI) on Friday reduced the repo rate by 25 basis points from 6.5% to 6.25% in another step to boost the economy, media reports said.
RBI cuts repo rate by 25 basis points to 6.25%, first time in 5 years
On Friday, the Reserve Bank of India’s (RBI) six-member Monetary Policy Committee (MPC) reduced the repo rate, the rate at which the RBI lends to commercial banks by 25 basis points, bringing it down to 6.
MPC Meeting Today, Experts Predict Central Bank Likely To Slash Repo Rate
The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) is set to announce its first monetary policy under new Governor Sanjay Malhotra on Friday. Experts anticipate that the central ba
Wall Street Journal24d
Raiffeisen Bank International AG
1 Day RBI 2.89% DJIA 0.52% S&P 500 0.11% Financial Services 0.34% ...
Hosted on MSN1mon
Shaktikanta Das speaks to media as he demits RBI Governor office - Top quotes
Shaktikanta Das News: Shaktikanta Das has demitted the office on Tuesday after completing six years as the 25th Governor of the Reserve Bank of India (RBI). He was appointed as the Governor on ...
The Financial Express19h
RBI announces additional authentication layer for online international digital payments
One of the key measures the central bank has taken is the introduction of Additional Factor of Authentication (AFA) for ...
INR falters around 87.60 per US dollar, RBI stays in focus
The Indian rupee continues to weaken against the US dollar, adding to recent losses and hitting fresh record lows. Yesterday, rupee plunged around 49 paise to close at an all-time low against the US ...
Yahoo Finance23d
RBI Must Shun Excessive FX Market Intervention, Former Head Says
“If the Reserve Bank of India intervenes to stabilize the exchange rate against fundamentals, market participants will outsource their risk management to the RBI,” Duvvuri Subbarao, head of ...