The Reserve Bank of India (RBI) has reduced the policy repo rate under the Liquidity Adjustment Facility (LAF) by 25 basis points, bringing it down from 6.50% to 6.25%, effective immediately. This ...
Recently, the Reserve Bank of India has cut the repo rate to 6.50 per cent after leaving it unchanged for 11 consecutive ...
The decision by RBI on Friday to reduce its key rate for the first time in five years comes less than a week after the ...
However, some banks acknowledged the short-term impact on their profitability, with expectations of eventual recovery ...
The Reserve Bank of India cut its policy rate for the first time in nearly five years as economic growth slows and inflation ...