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.
Instant view: 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.
forex, India
The Reserve Bank of India has delayed the implementation of proposed liquidity regulations for lenders that may have hampered ...
MUMBAI (Reuters) - India's central bank governor on Friday cautioned lenders against rising instances of frauds in digital ...
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 yen touched an eight-week high versus the dollar on Thursday after a Bank of Japan policy board member advocated ...
The British pound was seeing notable pressure Thursday ahead of a Bank of England decision where expectations are for a quarter-point rate cut. Vanguard senior economist Shaan Raithatha said his firm ...
Press Trust of India on MSN9h
Home, other loans to become cheaper as RBI under new Guv cuts rate after 5 yearsHome, auto and other loans are likely to see a drop in interest rates after the Reserve Bank of India under a new Governor cut the key benchmark rate on Friday for the first time in almost five years ...
Sterling falls as investors exercise caution ahead of the Bank of England’s interest-rate decision at 1200 GMT. The market is pricing in a 94% chance of the BOE cutting rates by 25 basis points, ...
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