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Investors are set to funnel surplus money into short-term bonds, further boosting an already favored play in India’s debt ...
India's consumer inflation rate likely eased to a more than six-year low of 3% in May thanks to a favourable base and a ...
20hon MSN
The Reserve Bank of India’s surprise outsized rate cut last week will leave the rupee vulnerable to further depreciation by ...
The central bank led by Sanjay Malhotra surprised by slashing its key policy rate by 50 basis points. Under the new governor, ...
14h
GlobalData on MSNFlipkart receives lending licence from Reserve Bank of IndiaWalmart's Flipkart has obtained a lending licence from the Reserve Bank of India (RBI), allowing the e-commerce platform to ...
India’s central bank said it will stop daily fund injections into the financial system, days after the monetary authority ...
HDFC Bank announces a cut in its MCLR. This benefits borrowers with loans linked to this benchmark. The reduction is up to 10 ...
21hon MSN
Nifty Bank hit a record high above 57,000 as the RBIs surprise 50bps rate cut and CRR reduction boosted financial stocks.
The Bank Nifty index extended its gains from the previous session to hit another fresh record high in trade on June 9, 2025.
The economists noted that rate cut is likely to influence the market to adjust to a revised and more accommodative interest ...
11h
ET Now on MSNRBI rate cut impact: Bank of Baroda, HDFC Bank reduce lending rate by up to 50 bps, 10 bpsEarlier on Friday, the RBI cut interest rates by a larger-than-expected 50 basis points, and unexpectedly reduced the cash ...
Overnight and one-month MCLR now stand at 8.90%. Two- and three-year tenures are down to 9.10% from 9.20%.
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