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India Cuts Interest Rates For 1st Time Since 2020
India cuts rates for first time in nearly 5 years to boost growth as inflation eases
The Reserve Bank of India seeks to boost the sluggish economy and sees inflation easing towards its 4% target.
RBI’s 25bps rate cut good, but is it enough to boost housing demand?
Realtors’ apex body CREDAI on Friday said the RBIs decision to cut benchmark lending rate by 25 basis points might have limited direct impact and sought further reduction in the next monetary policy meet for stronger impetus to housing demand.
India's central bank cuts rates for the first time in nearly five years, forecasts faster growth next year
The Reserve Bank of India has cut its key interest rate for the first time in nearly five years, as cooling inflation has offered room to stimulate the slowing economy. The central bank forecast real GDP growth for next fiscal year at 6.7%, and inflation rate at 4.2%.
50m
Banks get breathing space as RBI defers key proposals to next year
A clutch of key regulations was to come into force in the next few months. These include asking banks to set aside a higher ...
15m
on MSN
India's Forex Reserves Rise For Second Consecutive Week
The decline in reserves is most likely due to RBI intervention, aimed at preventing a sharp depreciation of the Rupee.
22h
on MSN
RBI Policy Meeting GDP Forecast: Malhotra & Co peg India’s FY26 growth aim at 6.7%
The Reserve Bank of India forecasted India's GDP to grow at 6.7% in FY26, with quarterly projections at around 6.5%-7%. The ...
10h
on MSN
India to launch new domain name for banks to fight digital fraud
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.
1h
on MSN
Markets in red as RBI rate cut fails to excite investors
RBI’s first rate cut in nearly five years failed to enthuse the markets, leading to declines in the benchmark Nifty 50 and ...
38m
on MSN
India slashes income taxes and rates, but Modi govt has to convince investors
Prime Minister Narendra Modi aims to revive India's slowing economy through tax and interest rate cuts. Despite these efforts ...
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Sanjay Malhotra
Monetary Policy Committee
Official bank rate
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