India cuts interest rates for the first time in five years
India's central bank has cut interest rates for the first time in nearly five years to counter slowing growth in Asia's third largest economy. The Reserve Bank of India (RBI) reduced its repo rate from 6.5% to 6.25%, in line with the expectations of many economists.
VIEW India's central bank cuts repo rate for first time in nearly 5 years
The Reserve Bank of India (RBI) reduced its key repo rate on Friday for the first time since May 2020, aiming to provide stimulus to the sluggish economy, which is projected to grow at its slowest pace in four years during the current fiscal year.
India’s central bank is introducing an exclusive “.bank.in” domain for banks from April 2025 as part of efforts to combat ...
RBI Sanjay Malhotra delivered a rate cut of 25 basis points in his first policy at the help of India's central bank.
RBI cuts policy rate by 25 bps; bank stocks fall as Nifty Bank drops 0.51%. Discover more about the market reactions!
The Reserve Bank of India reduced its key interest rates for the first time in nearly five years with an aim to boost economic ...
The Indian rupee rose in early trading on Friday, tracking the gains in most Asian currencies, while dollar-rupee forward ...
The Reserve Bank of India has announced bank holidays for February 2025 with state-specific holidays for festivals and si ...
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