The central bank set the real GDP growth forecast at 6.7% for the fiscal year of 2026 while the inflation rate lower at 4.2%.

The repo rate, set by the RBI, influences borrowing costs for banks. A higher repo rate raises FD interest rates, attracting ...

The repo rate cut is expected to lower interest rates on loans, particularly benefiting homebuyers and other borrowers.

The Reserve Bank of India (RBI) cut its key repo rate for the first time in nearly five years on Friday to provide ...

The Central Bank of Nigeria has released the latest exchange rates for the Naira against other currencies as the value of the ...

THE Reserve Bank of India (RBI) cut its key repo rate for the first time in nearly five years on Friday to provide stimulus to the sluggish economy, which is expected to grow at its slowest pace in ...

The Governor noted that some banks are hesitant to lend in the uncollateralised call money market, choosing instead to park ...

The dollar index was little changed at 107.7, while Asian currencies were mostly up between 0.1 per cent and 0.4 per cent ...

RBI Monetary Policy Meeting February 2025 Live Updates: The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) ...

T he Reserve Bank of India (RBI) on Friday announced a 25 basis points (bps) cut in the policy repo rate, with the Monetary ...