The Reserve Bank of India seeks to boost the sluggish economy and sees inflation easing towards its 4% target.
India's central bank is widely expected to cut interest rates for the first time in nearly five years in Governor Sanjay ...
Factors that potentially affect gold rates in India are fluctuations in the global market, strength of the USD, import costs, interest rates on banks' fixed deposits, economic stability ...
The repo rate influences interest rates on loans, including home loans. When the RBI lowers the repo rate, banks typically ...
The repo rate cut is expected to lower interest rates on loans, particularly benefiting homebuyers and other borrowers.
As expected, the Reserve Bank of India's new Governor Sanjay Malhotra announced a 25 basis point rate cut to 6.25 per cent ...
MUMBAI -- The Reserve Bank of India on Friday cut its key interest rate for the first time since May 2020, as concerns about a slowing economic growth rate appeared to take precedence over sticky ...