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India’s Central Bank Cuts Key Rate For 1st Time Since 2020
India central bank cuts rates for the first time in nearly five years, forecasts faster growth next year
The central bank set the real GDP growth forecast at 6.7% for the fiscal year of 2026 while the inflation rate lower at 4.2%.
VIEW India's central bank cuts repo rate for first time in nearly 5 years
The Reserve Bank of India (RBI) reduced its key repo rate on Friday for the first time since May 2020, aiming to provide stimulus to the sluggish economy, which is projected to grow at its slowest pace in four years during the current fiscal year.
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.
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RBI rolls out bank.in & fin.in internet domains to check fraud in digital payments
Governor Sanjay Malhotra announced on Friday that the central bank is introducing the 'bank.in' exclusive Internet Domain for ...
42m
on MSN
RBI MPC meeting: Inflation to ease to 4.2% in FY26, says central bank
Friday forecasted inflation to ease to 4.2 per cent in the upcoming financial year, buoyed by favourable conditions such as ...
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RBI to introduce 'bank.in' and 'fin.in' domains to enhance payment security
This initiative aims to reduce cyber security threats and malicious activities like phishing; and, streamline secure ...
2h
on MSN
Rupee strengthens, forwards dip ahead of central bank policy decision
The Indian rupee rose in early trading on Friday, tracking the gains in most Asian currencies, while dollar-rupee forward ...
23h
Bank Holidays in February 2025: Check full list of state-wise bank holidays
The Reserve Bank of India has announced bank holidays for February 2025 with state-specific holidays for festivals and si ...
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