At last. After dodging interest rate cuts for five years, the Reserve Bank of India acted in deference to its new policy ...
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 ...
Home, auto and other loans are likely to see a drop in interest rates, which in turn are likely to spur demand. Atul Parikh, ...
Reserve Bank of India on Friday cut the repo rate by 25 basis points, ending the longest pause in the history of the monetary ...
The BSE Sensex declined by 197.97 points, closing at 77,860.19, while the NSE Nifty lost 43.40 points, ending the session at 23,559.95. Out of the Nifty 50 stocks, 28 advanced while 23 declined.
Given the global volatility and uncertainty amidst a downturn and a depreciating currency, the MPC has done so by reducing ...
The cut in the key policy rate — the first in nearly five years — will provide relief to home, vehicle, and other consumer ...
Liquidity is also important for the growth of deposits without which banks will find it difficult to lend as much as they ...
The rate cut could be the beginning of a low-interest cycle and is expected to ease the burden on loan borrowers, as banks ...
The Federation of Indian Chambers of Commerce & Industry (FICCI) also lauded the RBI's monetary policy move.
The RBI Governor Sanjay Malhotra delivered the first interest rate cut in nearly five years. The RBI MPC reduced the repo ...
The RBI cut the repo rate by 25 basis points to 6.25%, marking its first reduction in five years. The monetary stance remains ...
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