India's Central Bank Cuts Repo Rate for First Time in Nearly 5 Years
(Reuters) -The Reserve Bank of India (RBI) reduced its key repo rate on Friday for the first time since May 2020, aiming to provide stimulus to the sluggish economy, which is projected to grow at its slowest pace in four years during the current fiscal year.
The RBI is expected to encounter a trilemma encompassing tighter liquidity conditions, depreciating rupee and heightened ...
However, some banks acknowledged the short-term impact on their profitability, with expectations of eventual recovery ...
Real estate leader Niranjan Hiranandani said affordable housing segment will get yet another boost with the reduction in repo ...
The first RBI Monetary Policy Committee meeting of 2025 began on February 5, with everyone eagerly awaiting Governor Sanjay ...
The Indian stock market ended in the red on Friday following the Reserve Bank of India's (RBI) announcement of a 25 basis ...
However, industry stakeholders also cautioned about the depreciating rupee, lenders' ability to pass on the benefits of the ...
The Reserve Bank of India cut its policy rate for the first time in nearly five years as economic growth slows and inflation ...
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