The central bank set the real GDP growth forecast at 6.7% for the fiscal year of 2026 while the inflation rate lower at 4.2%.
EMIs on home and vehicle loans will come down, making it easier for individuals to repay their debts. A lower repo rate makes ...
To prevent frauds, international online transactions will soon need additional authentication factor
The Reserve Bank of India (RBI) has announced introduction of additional factor of authentication for international ...
'Aakhir woh din aa hi gaya': Netizens thank RBI for another 'gift to the middle class' after 5 years
The Reserve Bank of India has cut the key interest rate by 25 basis points to 6.25%, marking the first rate cut in nearly five years. This move follows significant income tax cuts in the Union Budget ...
Repo rate cut leads to cheaper loans and increased money supply, benefiting common people with lower interest rates. Details ...
The repo rate cut is expected to lower interest rates on loans, particularly benefiting homebuyers and other borrowers.
The Monetary Policy Committee (MPC) unanimously decided to slash policy rate by 25 basis points to 6.25 per cent.
By Bharath Rajeswaran (Reuters) -Indian shares fell marginally on Friday after the domestic central bank cut interest rates for the first time in nearly five years to support slowing economic growth, ...
The Reserve Bank of India (RBI) reduced its key repo rate on Friday for the first time since May 2020, aiming to provide ...
The RBI's MPC, in a unanimous decision, lowered the repo rate in a bid to stimulate economic activity by making borrowing cheaper, thereby encouraging spending and investment.
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