Despite RBI’s measures, liquidity has stayed in deficit since mid-December. After peaking at ₹3.3 trillion on 23 January, ...
Governor Sanjay Malhotra explained on Friday that the decision to cut the repo rate during the February monetary policy ...
Just days after the Union Budget, the Monetary Policy Committee of the RBI cut the repo rate by 25 basis points to boost to ...
The Reserve Bank of India will conduct a massive $10 billion three-year dollar/rupee swap auction next week to infuse durable ...
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 ...
However, some banks acknowledged the short-term impact on their profitability, with expectations of eventual recovery ...
In a parallel development, the RBI did not accept bids for the 91-day and 182-day treasury bills at an auction held on ...
The repo rate cut is expected to lower interest rates on loans, particularly benefiting homebuyers and other borrowers.
The interest rate setting panel had after a three-day meeting that commenced on February 5 reduced the policy repo rate by 25 ...
The RBI's recent 0.25 percentage point cut in the repo rate is under close government scrutiny to ensure banks pass this ...
Kumar was one of the six MPC members who voted for a cut in the repo rate cut in the February monetary policy due to growth ...
Despite the rate cuts, SBI has left its Marginal Cost of Funds-Based Lending Rate (MCLR), Base Rate, and Benchmark Prime ...