India central bank cuts key rate for first time in nearly five years to spur economy
India's central bank has cut the key repo interest rate at which it lends to commercial banks by a quarter point to 6.25%. It's India's first rate cut in almost five years, but one widely expected from the Reserve Bank of India's new governor.
RBI approves voluntary amalgamations in UCB sector, aiming to strengthen financial stability through consolidation and ...
India's central bank governor on Friday cautioned lenders against rising instances of frauds in digital payments and said ...
The Reserve Bank of India has delayed the implementation of proposed liquidity regulations for lenders that may have hampered ...
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.
India's foreign exchange reserves rose for a second straight week and stood at $630.6 billion as of January 31, the Reserve ...
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