India's Central Bank Delivers First Rate Cut in Nearly 5 Years
MUMBAI (Reuters) - The Reserve Bank of India (RBI) cut its key repo rate on Friday for the first time since May 2020 to provide stimulus to the sluggish economy, which is expected to grow at its slowest pace in four years in the current fiscal year.
RBI approves voluntary amalgamations in UCB sector, aiming to strengthen financial stability through consolidation and ...
In order to check cyber security threats, the Reserve Bank of India (RBI) on Friday decided that Indian banks will have exclusive internet domain name 'bank.In' and non-bank financial entities 'fin.In ...
The Reserve Bank of India has delayed the implementation of proposed liquidity regulations for lenders that may have hampered ...
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RBI Governor Sanjay Malhotra Says India Can Clock GDP Growth Rate Of Over 7 Per CentThe MPC under the central bank projected the Indian economy to clock a growth rate of 6.7 per cent in the upcoming 2025-26 ...
The forex reserves rose $1.05 billion to reach $630.607 billion for the week ended January 31, according to the Reserve Bank ...
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 Reserve Bank of India (RBI) will defer the implementation of three proposed crucial banking regulations, giving lenders ample time to prepare for the changes, the central bank governor said on ...
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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