India cuts policy rate for the first time in nearly five years, new central bank governor Malhotra says
The Reserve Bank of India has cut its key interest rate for the first time in nearly five years, as cooling inflation has offered room to stimulate the slowing economy. The Monetary Policy Committee decided to trim the repo rate by 25 basis points to 6.
India’s central bank is introducing an exclusive “.bank.in” domain for banks from April 2025 as part of efforts to combat rising digital payment frauds and bolster trust in online banking services.
The Institute for Development and Research in Banking Technology (IDRBT) will be the exclusive registrar for the new domain.
RBI allows SEBI-registered non-bank brokers to access NDS-OM for government securities trading, while forming a working group ...
Economists react to India's new central bank chief announcement December 10, 2024 The Reserve Bank of India (RBI) kept its key interest rate unchanged on Friday but cut the cash reserve ...
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.
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