RBI’s 25 bps repo rate cut will bring relief to borrowers by lowering EMIs across loans. This move aims to make borrowing more affordable and boost spending.
Banks will observe several regional holidays in February. Customers can use digital banking services for various financial and non-financial transactions. Check the state-wise holiday calendar for ...
The Reserve Bank of India (RBI) on Friday projected the retail inflation at 4.2 per cent for next financial year beginning April while retaining the forecast for 2024-25 at 4.8 per cent. Unveiling the ...
Sanjay Malhotra on Friday said the exchange rate policy has remained consistent over the years and the central bank does not target any 'specific level or band' of the Rupee, which slipped to an ...
RBI approves voluntary amalgamations in UCB sector, aiming to strengthen financial stability through consolidation and ...
RBI to review trading and settlement timings for efficient price discovery and liquidity optimization in financial markets.
“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 Reserve Bank of India has announced a reduction in the benchmark lending rate by 25 basis points, which is welcomed by ...
The Reserve Bank of India (RBI) has cut the repo rate by 25 basis points to 6.25%, the first cut since 2020, under new ...
RBI Cuts Repo Rate for the First Time in Five Years Reserve Bank of Indias Monetary Policy Committee decided to reduce the ...
Central bank gold demand topped 1,000 tonnes for the third straight year in 2024. It was the third-largest expansion of central bank gold reserves on record.
India's central bank governor on Friday cautioned lenders against rising instances of frauds in digital payments and said ...