India cuts rates for first time in nearly 5 years to boost growth as inflation eases
The Reserve Bank of India seeks to boost the sluggish economy and sees inflation easing towards its 4% target.
India Cuts Interest Rates For First Time Since 2020
The Reserve Bank of India reduced its key interest rates for the first time in nearly five years as the newly appointed governor
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.
New RBI Governor Delivers India’s First Rate Cut Since 2020
India’s new central bank governor cut interest rates for the first time in almost five years on Friday to help spur a slowing economy as global risks intensify.
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.
India cuts rates for first time in nearly 5 years to combat slowing growth
New central bank governor Sanjay Malhotra loosens monetary policy despite high inflation hitting consumer spending
RBI Slashes Rates After 5 Years — Good News For Borrowers, But RBI Governor Has A Warning For India's Economy
In a pivotal move to bolster India's economic growth, the Reserve Bank of India (RBI) has slashed the repo rate for the first time in nearly five years, with Governor Sanjay Malhotra cautioning against global financial turbulence.
Amid RBI rate cut cheers, did you miss RBI's alert that could threaten India’s economy?
The Reserve Bank of India (RBI) has cut interest rates for the first time in nearly five years, reducing the repo rate to 6.25% to support economic growth. However, Governor Sanjay Malhotra warned of global risks that could impact India's financial stability.
The Financial Express13h
RBI cuts repo rate by 25 bps! Your bank will slash fixed deposit rates now? Check what top banks are offering on FDs
The repo rate, set by the RBI, influences borrowing costs for banks. A higher repo rate raises FD interest rates, attracting ...
Wall Street Journal24d
Raiffeisen Bank International AG
1 Day RBI 2.89% DJIA 0.52% S&P 500 0.11% Financial Services 0.34% ...
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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 Express23h
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 ...
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 ...
RBI's bond purchases raise bets of February rate cut, say investors
The Reserve Bank of India's unexpected purchase of government bonds pushed down bond yields on Monday and raised bets for a ...