RBI MPC Meeting Live Updates: Central bank announces 25 basis points rate cut, Governor Sanjay Malhotra calls it 'symbolic'
The former revenue secretary in the Ministry of Finance, Malhotra is expected to announce the cuts to lower interest rates for economy’s growth which is expected to reach a four year low.
The RBI is expected to encounter a trilemma encompassing tighter liquidity conditions, depreciating rupee and heightened ...
The rupee had declined to its all-time low of 87.5825 on Thursday after breaching the 87 handle on Monday, following the ...
Indian banks' loan growth has moderated for six straight months through December as the liquidity constraints forced lenders ...
Indian government bonds are seeing increased buying interest from foreign investors ahead of an anticipated interest rate cut ...
While the cut in income tax is expected to put more cash in the hands of the people thereby improving demand, the rate cut by ...
The six-member Monetary Policy Committee (MPC) meeting that began on Wednesday, announce the decision to reduce the repo ...
The Reserve Bank of India cut its policy rate for the first time in nearly five years as economic growth slows and inflation ...
However, some banks acknowledged the short-term impact on their profitability, with expectations of eventual recovery ...
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