RBI Governor Sanjay Malhotra Claims India Can Surpass 7% Growth Mark
Governor Malhotra told investors that the RBI prioritizes long-term stability over any particular level of the exchange rate. He stressed India’s strong foreign exchange reserves, which as of January ...
Deccan Chronicle26m
CREDAI Hyderabad Expresses Gratitude to RBI Governor for Rate Cut
Hyderabad: CREDAI Hyderabad extends heartfelt thanks to RBI Governor Sanjay Malhotra and the Monetary Policy Committee for ...
Key takeaways from the RBI’s monetary policy committee conference
The monetary policy committee on Friday cut the policy interest rate by 25 basis points to 6.25% to support growth. At a post ...
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 ...
Fortune India26m
IDFC First Bank offers flexible FDs, cyber insurance and health perks for senior citizens; check details here
Under this program, the bank has introduced a dedicated feature on its Mobile Banking app called ‘Senior Citizen Specials’.
RBI Monetary Policy: Repo rates slashed by 25 bps to 6.25%, policy stance remain neutral; 5 key takeaways
The RBI’s Monetary Policy Committee cut the repo rate by 25 bps for the first time in nearly five years, maintaining a neutral stance. Governor Sanjay Malhotra noted inflation is aligning with targets ...
MPC has delivered the much-awaited rate cut
A 25-basis point rate cut will not move the needle materially on lending rates for corporates or retail borrowers.
ThePrint53m
Rupee recovers 9 paise from all-time low level to close at 87.50 against US dollar
The rupee recovered 9 paise from its all-time low level to close at 87.50 against the US dollar on Friday after the Reserve Bank of India reduced the key policy rate by 25 basis points in line with ...
India's RBI announces first rate cut since 2020 amid slowing growth
India central bank announced a 25 basis point cut in its key lending rate on Friday in a bid to spur economic growth The rate cut by the Reserve Bank of India monetary policy committee was the first s ...
Daijiworld1h
RBI rate cut to boost demand across sectors, be positive for India's economic growth: ASSOCHAM
The reduction in the policy interest rates by the Reserve Bank of India (RBI) is a catalyst for boosting demand across different sectors of the economy, a top industry body said on Friday. In a bid to ...
Swarajya52m
India's Foreign Exchange Reserves Rise For Second Consecutive Week To Reach $630.6 billion
India’s foreign exchange reserves have risen for the second consecutive week, reaching $630.6 billion as of 31 January, according to Reserve Bank of India (RBI) Governor Sanjay Malhotra. The reserves ...
Mobile ID News1h
RBI Announces Major Digital Banking Security Measures: New Domains and International Transaction Authentication
The Reserve Bank of India (RBI) has unveiled a comprehensive set of security initiatives for 2024 aimed at strengthening the digital banking and payments ecosystem in India. The measures build upon ...