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.
This initiative aims to reduce cyber security threats and malicious activities like phishing; and, streamline secure ...
This initiative aims to reduce cyber security threats and malicious activities like phishing; and, streamline secure ...
The bank last cut them in May 2020. The RBI's decision comes less than a week after the government unveiled sweeping income ...
RBI Governor Sanjay Malhotra has introduced an exclusive '.bank.in' internet domain for Indian banks to combat financial ...
Registration of Exclusive 'bank.In' Internet Domain Name will commence from April this year. New Delhi: Reserve Bank of India, announcing its monetary policy on Friday said that Indian banks will have ...
The Indian rupee rose in early trading on Friday, tracking the gains in most Asian currencies, while dollar-rupee forward ...
The Reserve Bank of India has announced bank holidays for February 2025 with state-specific holidays for festivals and si ...
The central bank was able to consider a rate cut as inflation, which is the main focus of the monetary policy, has been ...
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