India cuts policy rate for the first time in nearly five years, new central bank governor Malhotra says
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 Monetary Policy Committee decided to trim the repo rate by 25 basis points to 6.
RBI MPC Meeting: From Cyber Security To Forward Contract, Here Are The Additional Measures Announced By Governor Sanjay Malhotra
In a landmark decision, the RBI, the central bank of India, announced a rate cut after nearly five years. The RBI Governor, Sanjay Malhotra, made this announcement after conducting his first-ever MPC meeting as the new RBI Governor.
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RBI Monetary Policy 2025, MPC Meeting LIVE UPDATES: Governor Sanjay Malhotra cuts repo rate by 25bps, 1st since May 2020RBI had last reduced the repo rate by 40 basis points to 4 per cent in May 2020 to help the economy tide over the crisis ...
The Reserve Bank of India announced a 25 basis point cut in the repo rate, now at 6.25%, the first reduction in five years.
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RBI MPC: Governor Sanjay Malhotra Announces 'Fin.in' Domain For Banks. Here's How It Will HelpThe Reserve Bank of India (RBI) announced a groundbreaking cybersecurity initiative during its latest Monetary Policy ...
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