The Reserve Bank of India (RBI) has reduced the policy repo rate under the Liquidity Adjustment Facility (LAF) by 25 basis points, bringing it down from 6.50% to 6.25%, effective immediately. This ...
Recently, the Reserve Bank of India has cut the repo rate to 6.50 per cent after leaving it unchanged for 11 consecutive ...
However, some banks acknowledged the short-term impact on their profitability, with expectations of eventual recovery ...
The former revenue secretary in the Ministry of Finance, Malhotra is expected to announce the cuts to lower interest rates ...
The Reserve Bank of India cut its policy rate for the first time in nearly five years as economic growth slows and inflation ...