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.
EMIs on home and vehicle loans will come down, making it easier for individuals to repay their debts. A lower repo rate makes ...
The six-member monetary policy committee (MPC) of the Reserve Bank of India (RBI), led by governor Sanjay Malhotra, on Friday ...
Sectors like consumer durables, including companies such as Voltas and Havells, are expected to gain as financing costs drop, ...
RBI Governor Sanjay Malhotra announced new security measures to make internet banking safer, including the implementation of ...
Bank of Baroda, Axis Bank, Punjab National Bank, Canara Bank and ICICI Bank from the Nifty Bank index were trading lower ...
The repo rate cut, combined with the benefits from the revised tax slabs announced in the Union Budget 2025 for the new tax ...
Mumbai: The RBI has forecast a growth of 6.7% for FY26 while revising its growth estimate for FY25 downward to 6.4%, lower than the 6.6% projection made in its financial stability report released in ...
The Governor noted that some banks are hesitant to lend in the uncollateralised call money market, choosing instead to park ...