RBI governor Sanjay Malhotra said after the monetary policy meeting on Friday that the apex bank was committed to provide ...
India’s retail inflation, as measured by the Consumer Price Index (CPI), fell to 4.31 per cent in January 2025, down from ...
However, banks have refrained from cutting their Marginal Cost of Fund based lending rate (MCLR) which are largely offered to ...
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It usually takes some time for customers to see these benefits of RBI rate cuts, although a few loans that are directly ...
The RBI decreased the repo rate by 25 basis points to 6.25%, leading many banks like Canara Bank, PNB, and Union Bank of ...
Inflation coming sustainably closer to the 4% deemed optimal by the Reserve Bank of India would justify its decision to cut interest rates. Unlike peers in most of the world's other large economies ...
This could clear the way for another rate cut by the Reserve Bank of India, which slashed rates from 6.5% to 6.25% after its ...
This could clear the way for another rate cut by the Reserve Bank of India, which slashed rates from 6.5% to 6.25% after its monetary policy meeting on Feb. 7.
India’s inflation eased to a five-month low in January, justifying the central bank interest rate cut, though risks remain amid a depreciating currency and threat of tariffs.
India's retail inflation eased to a five-month low of 4.31% in January from 5.22% in December as food price inflation ...
His decision to cut the key rate for the first time in nearly five years followed the Modi government's announcement of the ...