The Reserve Bank of India announced a 25 basis point cut in the repo rate, now at 6.25%, the first reduction in five years.
The Reserve Bank of India (RBI) reduced its key repo rate on Friday for the first time since May 2020, aiming to provide ...
India’s new central bank governor cut interest rates for the first time in almost five years on Friday to help spur a slowing ...
Projects FY26 inflation at 4.2%, GDP growth at 6.7% ...
The Reserve Bank of India (RBI) cut its key repo rate for the first time in nearly five years on Friday to provide stimulus ...
More importantly, he said the investments made so far have created over one lakh direct jobs and spurred significant economic ...
In anticipation of the Union Budget 2025 and consistent with the current economic climate, the RBI is considering a 25 ...
Accommodations bill has no scope for rediscounts. At the beginning of rediscounting of bills, the banks were required to lodge all such bills with RBI. This involved a lot of work to minimise these ...
"Overseas branches of Authorized Dealer banks will be able to open INR accounts for a person resident outside India for settlement of all permissible current account and capital account transactions ...
In a bid to promote cross-border transactions in rupees and currencies of other countries, the Reserve Bank of India (RBI) has further liberalised the Foreign Exchange Management Act (FEMA). On ...
On January 16, the Reserve Bank of India (RBI) released its list of non-banking finance companies (NBFCs) in the upper layer under the scale-based regulation (SBR) for the financial year 2024-25, ...
Under governor Shaktikanta Das, RBI held the currency within a narrow band. But in the past two weeks the rupee has been allowed to slide more freely. Tight liquidity will not bind the Reserve ...