India cenbank will be agile in responding to banks' liquidity needs
India's central bank will be agile in responding to the liquidity needs of the banking system, Reserve Bank of India (RBI) ...
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'We Are Always Watchful. We Will Be Nimble'
We are always watchful. We will be nimble. I want to assure that we will be very, very proactive in providing whatever ...
RBI cuts repo rate by 25 bps to 6.25% after 5 yrs; industry welcomes move
The RBI has reduced the repo rate by 25 basis points to 6.25% for the first time in five years, aiming to boost economic growth. Industry leaders expect lower borrowing costs to drive credit demand, ...
Banks get breathing space as RBI defers key proposals to next year
A clutch of key regulations was to come into force in the next few months. These include asking banks to set aside a higher ...
Markets in red as RBI rate cut fails to excite investors
RBI’s first rate cut in nearly five years failed to enthuse the markets, leading to declines in the benchmark Nifty 50 and ...
Mid Day7h
Mumbai: ‘Scrapped Aarey machinery could be turned into art installation’
With government issuing tender for sale of unused machinery lying in Aarey dairy, last vestiges of yet another iconic ...
Channel NewsAsia Singapore8h
India central bank cuts key rate for first time in nearly five years to spur economy
India's central bank has cut the key repo interest rate at which it lends to commercial banks by a quarter point to 6.25%. It ...
EMIs set to fall as RBI trims repo rate for 1st time in 5 years
Reserve Bank of India on Friday cut the repo rate by 25 basis points, ending the longest pause in the history of the monetary ...
Rupee sidesteps RBI rate cut to end up but posts worst week in over 2 years
The Indian rupee strengthened on Friday after struggling for most of the week as global markets were jolted by fears of a ...
India central bank governor cautions lenders against rising digital frauds
India's central bank governor on Friday cautioned lenders against rising instances of frauds in digital payments and said ...
India cuts rates for first time in nearly 5 years to boost growth as inflation eases
The Reserve Bank of India seeks to boost the sluggish economy and sees inflation easing towards its 4% target.
India central bank cuts rates for first time in nearly 5 years; signals less restrictive approach
The Reserve Bank of India (RBI) cut its key repo rate for the first time in nearly five years on Friday and signalled a less restrictive policy approach ahead, as it seeks to provide stimulus to the ...