India central bank cuts rates for first time in nearly 5 years; signals less restrictive approach
MUMBAI: The Reserve Bank of India (RBI) cut its key repo rate for the first time in nearly five years on Friday (Feb 7) and signalled a less restrictive policy approach ahead, as it seeks to provide stimulus to the sluggish economy.
The RBI announced a 25-basis-point rate cut to 6.25% on February 7, its first in nearly five years. While the market had ...
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RBI MPC: Governor Sanjay Malhotra Announces 'Fin.in' Domain For Banks. Here's How It Will HelpGovernor Sanjay Malhotra revealed that banks will soon operate under an exclusive domain name, ‘fin.in,’ as a measure to curb ...
In a pivotal move to bolster India's economic growth, the Reserve Bank of India (RBI) has slashed the repo rate for the first ...
The decision by RBI on Friday to reduce its key rate for the first time in five years comes less than a week after the ...
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RBI MPC 2025: New Governor Sanjay Malhotra Announces Decision In Last Meeting Of FY25, Check Repo Rate HereThis is the first meeting of the panel under the leadership of RBI Governor Sanjay Malhotra, who assumed office in December ...
Governor Malhotra told investors that the RBI prioritizes long-term stability over any particular level of the exchange rate. He stressed India’s strong foreign exchange reserves, which as of January ...
The Reserve Bank of India cut its policy rate for the first time in nearly five years as economic growth slows and inflation ...
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