The Reserve Bank of India (RBI) is widely expected to cut interest rates for the first time in nearly five years in Governor Sanjay Malhotra's first monetary policy review on Friday, aiming to ...
RBI has, however, cut the FY25 GDP projection from 7.2% to 6.6% and also raised the full year inflation estimate to 4.8% from 4.5% earlier. RBI must restore balance between inflation, growth ...
The Reserve Bank of India (RBI) will likely slash the benchmark repo rate by a total of 75 basis points (bps) in 2025, with upcoming 25 bps reductions each in April, June, and October policy meetings.
The Reserve Bank of India (RBI) has rolled back the higher risk weight assigned for bank loans to NBFCs in 2023. (Image Source: Reuters) After a long-awaited rate cut of 25 bps in February ...
The RBI on Friday (February 21) proposed to do away with foreclosure charges or pre-payment penalties charged by banks and other lenders on all floating rate loans, including for business purposes ...
While the quantum of easing is likely to be shallow, a cut in the key lending rate is likely in the April meeting. The first meeting of the RBI's MPC was held from February 5 to February 7 ...
The RBI has increased the repo rate by 250 basis points between May 2022 and February 2023. Since April 2023, the repo rate has been steady at 6.5 percent, in order to keep a check on the ...
Reserve Bank of India (RBI) Monetary Policy Committee member Dr. Nagesh Kumar was keen on opting for a 50 basis point rate cut given the economic slowdown, but ultimately voted for a 25 bps cut ...
ALSO READ: What is CRR? Analysts expect CRR to be lowered in RBI's December policy review Economists are also divided over the timing of the next rate cut. While six out of every 10 economists expect ...
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 ...
More than three-quarters of economists, 40 of 52, expected the RBI to raise its key repo rate (INREPO=ECI) by 25 basis points to 6.50%, according to a Jan. 13-27 Reuters poll. The remaining 12 predict ...