India central bank announced a 25 basis point cut in its key lending rate on Friday in a bid to spur economic growth The rate cut by the Reserve Bank of India monetary policy committee was the first s ...

NDTV Profit, in its weekly news wrap, brings you the major events shaping businesses, industries and global markets.

In order to check cyber security threats, the Reserve Bank on Friday (February 7, 2025) decided that Indian banks will have ...

India flags ‘mistreatment’ of nationals deported from U.S.; Kejriwal served legal notice over bribery allegations, and more ...

It can, if it is convinced that the adjustment in the rupee valuation has already been done and the local currency has found ...

At the weekly press briefing, Speaker Mike Johnson addressed questions about former President Donald Trump’s plan to take over Gaza. Johnson hinted at more details to come, praising Trump’s approach ...

In his first Monetary Policy announcement on Friday, Reserve Bank of India (RBI) Governor Sanjay Malhotra stated that the ...

RBI Governor Sanjay Malhotra has introduced an exclusive .bank.in internet domain for Indian banks to combat financial fraud, ...

RBI governor Sanjay Malhotra announced a 25 basis points cut in the benchmark repo rate to 6.25%, the first reduction in five ...

RBI had last reduced the repo rate by 40 basis points to 4 per cent in May 2020 to help the economy tide over the crisis following the outbreak of the Covid pandemic and subsequent lockdown.

The repo rate cut is expected to lower interest rates on loans, particularly benefiting homebuyers and other borrowers.