The Reserve Bank of India announced a 25 basis point cut in the repo rate, now at 6.25%, the first reduction in five years.
A 25-basis point rate cut will not move the needle materially on lending rates for corporates or retail borrowers.
The RBI Governor Sanjay Malhotra delivered the first interest rate cut in nearly five years. The RBI MPC reduced the repo ...
This marked the first rate reduction from the central bank in almost five years and this decision will translate into reduced ...
Reserve Bank of India (RBI) governor Sanjay Malhotra has announced the Monetary Policy Committee has cut the benchmark repo ...
Maintaining a neutral stance allows the MPC to retain flexibility. But systemic liquidity may remain in deficit in the near ...
The rate cut, the first in almost five years, comes a week after Finance Minister Nirmala Sitharaman presented the budget for ...
The RBI has reduced the repo rate by 25 basis points to 6.25%, maintaining a neutral stance. Governor Sanjay Malhotra said ...
RBI's Monetary Policy Committee, under new Governor Sanjay Malhotra, forecasts inflation at 4.2% for the coming fiscal year, ...
The Indian economy, though continuing to remain strong and resilient, also did not remain immune to these global headwinds, ...
Sanjay Malhotra, the new RBI Governor, chaired his first MPC meeting. Analysts predict a 25 basis points cut in the repo rate ...
This is the first meeting of the panel under the leadership of RBI Governor Sanjay Malhotra, who assumed office in December ...