Governor Malhotra told investors that the RBI prioritizes long-term stability over any particular level of the exchange rate. He stressed India’s strong foreign exchange reserves, which as of January ...
Hyderabad: CREDAI Hyderabad extends heartfelt thanks to RBI Governor Sanjay Malhotra and the Monetary Policy Committee for ...
A clutch of key regulations was to come into force in the next few months. These include asking banks to set aside a higher ...
The monetary policy committee on Friday cut the policy interest rate by 25 basis points to 6.25% to support growth. At a post ...
RBI Governor Sanjay Malhotra says MPC cuts keeps repo rate by 25 bps unchanged. The meeting of the Monetary Policy Committee (MPC) headed by the new RBI Governor Sanjay Malhotra was scheduled from ...
A 25-basis point rate cut will not move the needle materially on lending rates for corporates or retail borrowers.
The rupee recovered 9 paise from its all-time low level to close at 87.50 against the US dollar on Friday after the Reserve Bank of India reduced the key policy rate by 25 basis points in line with ...
India central bank announced a 25 basis point cut in its key lending rate on Friday in a bid to spur economic growth The rate cut by the Reserve Bank of India monetary policy committee was the first s ...
A lower repo rate means banks can borrow funds at a lower cost from the central bank and are expected to pass on the lower ...
Equity benchmark indices Sensex and Nifty ended lower on Friday as the RBI's rate cut did not spring any major surprise for the markets and investors turned to profit-taking amid foreign fund outflows ...