RBI Repo Rate Cut to Improve Credit Affordability, Boost Big Purchases
The move is expected to boost sectors such as real estate, which depends heavily on loans for its consumers to make a ...
Factbox-India's central bank begins unwinding curbs on NBFCs and banks
The Reserve Bank of India has started to ease curbs on non-banking financial companies (NBFCs) and banks after they improved ...
RBI removes restrictions on Kotak Mahindra Bank onboarding customers online
RBI had barred the lender from onboarding new customers through its online channels and issuing new credit cards ...
India's central bank doubles bond purchase to manage liquidity deficit
India's central bank on Monday said it will double the quantum of security purchases under its next tranche of open market ...
Economic Survey 2025 pins steep interest rates and RBI's curbs on unsecured loans for moderation in credit growth
Overall bank credit growth had slowed to 7.7 percent, a clear reflection of the impact of higher lending rates stemming from ...
India's Central Bank Cuts Repo Rate for First Time in Nearly 5 Years
(Reuters) -The Reserve Bank of India (RBI) reduced its key repo rate on Friday for the first time since May 2020, aiming to ...
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Government warns mobile users of RBI credit card call scam
A fraudulent call is impersonating the Reserve Bank of India, warning that bank accounts will be blocked due to alleged credit card fraud. PIB Fact Check confirms these voicemails are fake and ...
RBI starts deliberations on interest rate amid expectations of 25-bps cut
The Reserve Bank had last reduced the repo rate by 40 basis points to 4 per cent in May 2020 to help the economy tide over ...