Economists said that a lower inflation and below trend growth may lead to ‘more than consensus’ rate cut in the next MPC ...
As the country's CPI inflation eases, the Reserve Bank of India is expected to cut interest rates in the coming months ...
The RBI has announced a $10 billion buy-sell swap and ₹1 lakh crore bond purchases to manage liquidity. These moves are ...
This will be on top of the February 7 policy rate cut of 25 basis points, the first cut in nearly five years. FILE PHOTO: A police officer walks past the Reserve Bank of India (RBI) logo inside ...
Westpac said the RBA’s decision to cut interest rates for the first time since late 2020, and further easing in cost of ...
The MPC has unanimously decided to reduce the policy rate ... banks will have the exclusive internet domain name ‘bank.in,’ while non-bank financial entities will use ‘fin.in.’ The RBI ...
In the first rate cut in five years, the RBI on Friday slashed the repo rate by 25 basis points, taking the policy rate to 6.25%. The repo rate is the interest rate at which commercial banks ...
RBI's approach may aim to minimize ... At the same time, rupee's REER has fallen, meaning its overvaluation is lower now. The Reserve Bank of India aggressively sold dollars in the forward market ...
The Reserve Bank of India (RBI) has rolled back the higher risk weight assigned for bank loans to NBFCs in 2023. (Image Source: Reuters) A lower risk weight will mean that lenders need to set ...
The Indian rupee gained on Wednesday on broad-based interbank dollar sales and after the central bank's firm defence of 87.40 ...
However, the weighted average inter-bank call money rate remains above RBI's policy repo rate, despite these infusions. RBI has already infused Rs 1.8 lakh crore through long-term repos maturing ...
All four of the major banks swiftly passed on the cut in official rates to mortgage-holders. The average new housing loan is $666,000. Reducing the interest rate on this by 0.25% will mean $110 ...
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