However, banks have refrained from cutting their Marginal Cost of Fund based lending rate (MCLR) which are largely offered to ...
The Indian rupee rose to a two-week high at 86.47, buoyed by central bank intervention. Analysts suggest this may have liquidated bearish positions. Despite the rupee’s recovery, forecasts predict it ...
India’s retail inflation slowed to a five-month low in January as food price inflation eased, boosting the odds of another ...
It usually takes some time for customers to see these benefits of RBI rate cuts, although a few loans that are directly ...
The RBI decreased the repo rate by 25 basis points to 6.25%, leading many banks like Canara Bank, PNB, and Union Bank of ...
Inflation coming sustainably closer to the 4% deemed optimal by the Reserve Bank of India would justify its decision to cut interest rates. Unlike peers in most of the world's other large economies ...
This could clear the way for another rate cut by the Reserve Bank of India, which slashed rates from 6.5% to 6.25% after its ...
This could clear the way for another rate cut by the Reserve Bank of India, which slashed rates from 6.5% to 6.25% after its monetary policy meeting on Feb. 7.
India’s inflation eased to a five-month low in January, justifying the central bank interest rate cut, though risks remain amid a depreciating currency and threat of tariffs.
According to various reports, Reserve Bank of India (RBI) might give more relief to the middle class by further cutting ...