India cuts policy rate for the first time in nearly five years, new central bank governor Malhotra says
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 Monetary Policy Committee decided to trim the repo rate by 25 basis points to 6.
The trends on Gift Nifty indicate a mildly positive start for the Indian benchmark index. The Gift Nifty was trading around ...
Gulfbusiness.com on MSN8h
India’s central bank cuts rates for first time in nearly 5 years; signals less restrictive approachThe Reserve Bank of India (RBI) cut its key repo rate for the first time in nearly five years on Friday and signalled a less ...
Indian Bank plans to expand branch network, enhance leadership development, and increase CASA ratio for sustainable growth.
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.
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