The Reserve Bank of India cut the benchmark repo rate by 25 basis points on February 7, aiming to boost the slowing economy.
Governor Sanjay Malhotra said that industrial growth remained weak, meanwhile services sector and a recovery in agriculture supported advancement on the supply side.
As part of this agenda, the RBI led Monetary Policy Committee slashed repo rate by 25 basis points to 6.25 per cent ...
Retail borrowers who have taken floating rate loans will see their EMIs shrink as banks pass on the benefit of lower repo ...
Reserve Bank of India’s (RBI) new governor Sanjay Malhotra on Friday said that India can achieve a 7 per cent plus growth ...
Governor Sanjay Malhotra revealed that banks will soon operate under an exclusive domain name, ‘fin.in,’ as a measure to curb ...
The Monetary Policy Committee (MPC) unanimously decided to slash policy rate by 25 basis points to 6.25 per cent.
The industry players noted that the reduction in rates coming closely after the income tax relief provided to individuals ...
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