The monetary policy committee on Friday cut the policy interest rate by 25 basis points to 6.25% to support growth. At a post ...
A 25-basis point rate cut will not move the needle materially on lending rates for corporates or retail borrowers.
The rupee recovered 9 paise from its all-time low level to close at 87.50 against the US dollar on Friday after the Reserve Bank of India reduced the key policy rate by 25 basis points in line with ...
State government introduces 'Citizen's Guide to Budget' to simplify annual Budget documents for public understanding.
RBI Governor discusses MPC decisions on liquidity, rupee, inflation, and growth dynamics in post-meeting press conference.
RBI’s first rate cut in nearly five years failed to enthuse the markets, leading to declines in the benchmark Nifty 50 and ...
Reserve Bank Governor Sanjay Malhotra on Friday made it clear that the “less restrictive” monetary policy approach, which helped deliver a 0.25 per cent rate cut is only for this meeting given the ...
Market participants said that the Governor's statement suggests that the RBI is indicating a willingness to allow ...
Reserve Bank of India cuts interest rates for the first time in 5 years, but Governor Malhotra emphasizes global ...
Without giving away much on whether more rate cuts are on the anvil, or if the RBI has plans to defend a falling Rupee, ...
The Indian rupee strengthened on Friday after struggling for most of the week as global markets were jolted by fears of a ...
The decision was in line with a Reuters poll, where over 70% of economists had predicted a quarter-point reduction, and marked the first reduction in India's key rate since May 2020 ...