The Reserve Bank of India seeks to boost the sluggish economy and sees inflation easing towards its 4% target.
By cutting rates, the RBI sends a message that it is ready to support growth, confident that the worst of inflation is over.
India's central bank is widely expected to cut interest rates for the first time in nearly five years in Governor Sanjay ...
Economists expect inflation to continue easing in the coming months on the back of easing food prices, supporting the central bank’s decision to cut the policy repo rate.
Newly appointed RBI governor Sanjay Malhotra unveiled the final bi-monthly monetary policy of this fiscal year, outlining key ...
In a significant policy shift, the Reserve Bank of India (RBI) cut the repo rate by 25 basis points to 6.25 per cent on ...
Sanjay Nayar, President of the Associated Chambers of Commerce and Industry of India (ASSOCHAM), stated that the rate cut ...
MUMBAI -- The Reserve Bank of India (RBI) cut its key repo rate for the first time in nearly five years on Friday and ...