The Reserve Bank of India (RBI) will inject a record ₹2.5 trillion (nearly $29 billion) into the country's banking system through an overnight variable rate repo auction. This will be the largest ...
The RBI noted continued reduction in rice prices and sharp corrections in the prices of vegetables, especially in the prices of onions, potatoes and tomatoes, in its January 2025 Bulletin.
Domestic stock market continues to reel under pressure despite a repo rate cut by the Reserve Bank of India (RBI) for the ...
India’s stock market continues to reel under pressure despite a repo rate cut by the Reserve Bank of India (RBI) for the ...
Among private sector banks, lenders such as ICICI Bank, Axis Bank and Kotak Mahindra Bank have reported an 18 bps, 8 bps and 29 bps dip in margins, respectively, over the past one year.
At the press conference after the monetary policy announcement, a clearly worried RBI governor said that the pervasive ...
Even with a modest interest rate reduction, a borrower who takes out a loan for a home of Rs 30 lakh over 20 years saves a ...
Prime Minister Narendra Modi is counting on a two-pronged stimulus of tax and interest rate cuts to turn around India’s slowing economy, but investors may need more convincing that the measures will ...
EMIs on home and vehicle loans will come down, making it easier for individuals to repay their debts. A lower repo rate makes ...