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India's central bank to cut rates to boost economy
Indian central bank likely intervened to support rupee ahead of rate decision, traders say
The Reserve Bank of India likely intervened to support the rupee before the open of the local spot market ahead of a closely-watched monetary policy decision on Friday, four traders told Reuters. The rupee was quoting at 87.
India likely to cut benchmark rates for the first time in nearly five years as economy slows, inflation eases
The Indian government has been steadily lowering its full-year real GDP forecasts, after the economic growth missed expectations by a large margin in the quarter ended September, when its grew by 5.4% — its slowest expansion in nearly two years.
India's central bank cuts rates for the first time in nearly five years, forecasts faster growth next year
The Reserve Bank of India has cut its key interest rate for the first time in nearly five years, as cooling inflation has offered room to stimulate the slowing economy. The central bank forecast real GDP growth for next fiscal year at 6.7%, and inflation rate at 4.2%.
1d
India central bank governor cautions lenders against rising digital frauds
India's central bank governor on Friday cautioned lenders against rising instances of frauds in digital payments and said ...
ABP Live on MSN
7h
RBI Governor Sanjay Malhotra Says India Can Clock GDP Growth Rate Of Over 7 Per Cent
The MPC under the central bank projected the Indian economy to clock a growth rate of 6.7 per cent in the upcoming 2025-26 ...
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20h
RBI's Rate Cut Spurs Indian Stock Market Decline
The Indian stock market closed in the red after the RBI reduced the repo rate by 25 basis points, aiming to bolster economic ...
1d
on MSN
India announces 'bank.in' domain for all banks
Mumbai: RBI Governor Sanjay Malhotra has introduced an exclusive '.bank.in' internet domain for Indian banks to combat ...
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