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To provide ample liquidity to support the policy transmission, the central bank reduced the cash reserve ratio to 3% from 4%.
Defence expenditure was pegged at 1.4 per cent of GDP in the Budget for 2025-26 but it may widen, depending on tensions ...
After Friday’s decision, the repo rate now stands at 5.5%, the lowest it has been since August 2022 when it was at 5.4%.
While the MPC has maintained FY26 GDP growth forecast at 6.5%, it expects economic activity to maintain the momentum in the ...
In a bid to revive domestic demand and energise India's slowing economy, the Reserve Bank of India (RBI) has not only ...
The move, passed with a 5:1 majority in the MPC, marks the third straight rate cut, along with a change in the monetary ...
India’s central bank surprised markets with a jumbo rate cut, seizing on cooling inflation to frontload monetary easing and ...
Following a significant 50 basis points repo rate cut by the RBI, Punjab National Bank has reduced its lending rates by up to ...
Since February 2025, the RBI has reduced the policy rate by 100 basis points. In its previous policy review in April, it had ...
The Reserve Bank of India (RBI) surprised the market with a 50 basis points (bps) cut in the benchmark repo rate to 5.5% at ...
The rupee pared initial losses and appreciated 11 paise to close at 85.68 against the US dollar on Friday, after the Reserve Bank cut repo rate by a higher-than-expected 50 basis points to prop up ...
Sanjay Malhotra said, expects lenders to pass on lower borrowing costs to consumers and boost credit growth with the ...