On Friday, the Reserve Bank of India (RBI) cut interest rates by 25 basis points, taking the benchmark repo rate to 6.25 per cent. The decision of the Monetary Policy Committee (MPC)—first time under ...
“The rate cut, coupled with recent liquidity-boosting measures, is expected to drive fresh investments and kick-start the consumption cycle. Sectors such as banking, auto, FMCG, consumer durables, ...
The RBI has reduced the repo rate by 25 basis points to 6.25%, maintaining a neutral stance. Governor Sanjay Malhotra said ...
After nearly five years, the RBI has finally cut interest rates, bringing much-needed relief to borrowers. The internet is ...
The six-member Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) lowered the repo rate or the interest rate ...
The Reserve Bank of India has cut the repo rate by 25 basis points, from 6.50% to 6.25%. The repo rate cut has come after the ...
SBI Research predicts a 75-bps rate cut by RBI in 2025, with two successive reductions in February and April. Inflation is ...
This will be the central bank's first MPC meeting under Sanjay Malhotra who was appointed the RBI governor effective December ...
Negative interest rates occur when prices begin to start dropping to low levels as the value of a nation's currency increases. At these times, central banks may resort to negative interest rates. The ...
ICICI Bank reports 15% rise in net profit, stable core income, healthy funding profile, and strong loan growth.
In Japan, interest rates are set by the Bank of Japan's Policy Board in its Monetary Policy Meetings. The BoJ's official interest rate is the discount rate. Monetary Policy Meetings produce a ...
The country's biggest bank is cutting a range of shorter-term interest rates. ANZ Bank said it would drop its special interest rates by between 15 and 25 basis points. The six-month rate drops from ...