RBI’s 25bps rate cut good, but is it enough to boost housing demand?
Realtors’ apex body CREDAI on Friday said the RBIs decision to cut benchmark lending rate by 25 basis points might have limited direct impact and sought further reduction in the next monetary policy meet for stronger impetus to housing demand.
India Cuts Interest Rates For First Time Since 2020
The Reserve Bank of India reduced its key interest rates for the first time in nearly five years as the newly appointed governor
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.
RBI cuts lending rate, first in 5 yrs
The Reserve Bank of India’s (RBI) six-member Monetary Policy Committee (MPC) cut the repo rate, the rate at which the RBI lends to other banks by 25 basis points to 6.25 per cent. This is the first rate cut initiated by the RBI since 2020 amid growing concerns about economic growth losing momentum. Currently the repo rate is 6.5 per cent.
India cuts rates for first time in nearly 5 years to boost growth as inflation eases
The Reserve Bank of India seeks to boost the sluggish economy and sees inflation easing towards its 4% target.
India cuts rates for first time in nearly 5 years to combat slowing growth
New central bank governor Sanjay Malhotra loosens monetary policy despite high inflation hitting consumer spending
India Central Bank Kicks Off Easing Cycle to Boost Economy
The Reserve Bank of India cut its policy rate for the first time in nearly five years as economic growth slows and inflation cools.
India’s Central Bank Cuts Key Rate For the First Time Since 2020
Cuts key rate for first time in almost five years; All MPC members vote to leave policy stance neutral ; Projects FY26 inflation at 4.2%, GDP growth at 6.7%; Rupee trades higher,
Over 85 lakh farmers from Punjab, Haryana, Himachal Pradesh, and Chandigarh owe Rs 2.20 lakh crore debt
Over 85 lakh farmers from Punjab, Haryana, Himachal Pradesh, and Chandigarh have outstanding loans totaling Rs 2.20 lakh ...
Reserve Bank of India Invites Applications For Vacant Posts. Details
The RBI is looking to hire people for engagement of Medical Consultant on contract basis with fixed hourly remuneration at ...
Reserve Bank of India ombudsman resolves 95% of complaints in FY24
The Reserve Bank of India (RBI) resolved 95 per cent of complaints received under the Reserve Bank-Integrated Ombudsman ...
Complaints against banks, NBFCs jump a third in FY24: RBI
Complaints against banks and NBFCs surged by about a third in FY24 as the RBI focused on improving consumer grievance ...
RBI’s actions on Indian rupee, domestic liquidity are steps in right direction: CEA Nageswaran
These comments came when the central bank has been spending dollars heavily in the forex market to defend Indian rupee from ...