The RBI's Monetary Policy Committee (MPC) on April 9 announced a 25-basis-point (bps) cut in the repo rate, reducing it from ...

So far in CY2025, the RBI has cut the policy rate by 50 bps. Also, the stance of the monetary policy has been changed to accommodative from neutral. This is likely to impact bank depositors.

Inflation numbers positively surprised analysts in March with the headline CPI print coming in at 3.3%. A Bloomberg poll of economists projected this number at 3.5%.

Analysts are not holding out hope for an interest rate cut any time soon, as the South African Reserve Bank is likely to sit ...

The National Bank of Kenya (NBK) has announced a reduction in lending rates for new and existing loans. In a notice on Monday ...

The decision, taken by the bank's Monetary Policy Committee (MPC), is aimed at safeguarding the peg between the Namibia dollar and the South African rand, while supporting the domestic economy ...

The RBI’s monetary policy committee (MPC) also changed its policy stance from neutral to accommodative, signalling likelihood of rate cuts or status quo going ahead. “We have long held the ...

cut the repo rate by 25 basis points (bps), bringing it down from 6.25 per cent to 6 per cent during the meeting of the Monetary Policy Committee (MPC) headed by RBI Governor Sanjay Malhotra.

For the RBI’s Monetary Policy Committee (MPC), this is more than a data point; it’s a green light to rethink its playbook. The headline number owes much to a sharp slowdown in food inflation ...