Instant view: India's central bank cuts repo rate for first time in nearly 5 years
The Reserve Bank of India (RBI) reduced its key repo rate on Friday for the first time since May 2020, aiming to provide stimulus to the sluggish economy, which is projected to grow at its slowest pace in four years during the current fiscal year.
RBI monetary policy: Will India’s central bank cut the repo rate now or wait? Top experts debate
According to stock market experts, RBI’s Monetary Policy Committee is expected to announce a 25 bps rate cut amid economic slowdown and inflation concerns
India's central bank cuts rates for the first time in nearly five years, forecasts faster growth next year
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 central bank forecast real GDP growth for next fiscal year at 6.7%, and inflation rate at 4.2%.
India central bank set to allow trading in bond forwards
The Reserve Bank of India is set to allow trading in bond forwards that long-term investors can use to manage their interest rate risk, the central bank said on Friday.
RBI cuts rates for first time in nearly 5 years: Full text of Governor Sanjay Malhotra's speech
The Reserve Bank of India (RBI) cut its key interest rate for the first time in nearly five years on February 7. The Monetary Policy Committee (MPC), which consists of three RBI and three external members, cut the repo rate by 25 basis points to 6.25% after having kept it unchanged for eleven straight policy meetings.
India's Central Bank Delivers First Rate Cut in Nearly 5 Years
MUMBAI (Reuters) - The Reserve Bank of India (RBI) cut its key repo rate on Friday for the first time since May 2020 to provide stimulus to the sluggish economy, which is expected to grow at its slowest pace in four years in the current fiscal year.
Indian shares set to open higher ahead of central bank policy decision
Indian shares are set to open higher on Friday, ahead of the Reserve Bank of India's (RBI) monetary policy decision, in which the central bank is widely expected to cut interest rates to support slowing economic growth.
RBI cuts repo rate: which sectors and stocks could benefit?
In line with market expectations, the Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) reduced the repo rate by 25 basis points (bps) to 6.25 per cent. This marks the first rate cut since May 2020,
RBI cuts repo rate by 25 basis points to 6.25%, first time in 5 years
On Friday, the Reserve Bank of India’s (RBI) six-member Monetary Policy Committee (MPC) reduced the repo rate, the rate at which the RBI lends to commercial banks by 25 basis points, bringing it down to 6.
RBI puts economic growth on the front burner
This has been achieved by letting the rupee become more market determined and mitigating the tightness in liquidity ...
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India’s forex reserve is rapidly declining: What are the reasons behind it and how will it impact the country?
India’s foreign exchange reserves are declining. As of the week ending January 3, the reserves dropped by USD 5.69 billion, reaching USD 634.58 billion, according to the Reserve Bank of India ...