India's Central Bank Delivers First Rate Cut in Nearly 5 Years
MUMBAI (Reuters) - The Reserve Bank of India (RBI) cut its key repo rate on Friday for the first time since May 2020 to provide stimulus to the sluggish economy, which is expected to grow at its slowest pace in four years in the current fiscal year.
The RBI has reduced the repo rate by 25 basis points to 6.25%, maintaining a neutral stance. Governor Sanjay Malhotra said ...
The Reserve Bank of India cut its policy rate for the first time in nearly five years as economic growth slows and inflation ...
Many economies seem to be settling into a lower-rate environment. That’s in stark contrast with the Federal Reserve, which ...
India’s central bank is introducing an exclusive “.bank.in” domain for banks from April 2025 as part of efforts to combat rising digital payment frauds and bolster trust in online banking services.
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback