As the government cut the taxes for the middle class and now RBI bringing down the cost of borrowing, it augurs well for a strong consumption-led growth.
As always RBI is ahead of the curve in its focus on consumer protection and mitigating cyber risks. Announcements of a separate domain for the financial sector is a welcome step in that direction.
The Reserve Bank of India just cut the repo rate by 25 basis points to 6.25%—the first rate cut in nearly five years. It’s a big move, and one that signals a shift in focus: supporting growth while ...
Rate cut, stance and statement on liquidity measures. This decision in my view was a logical extension to the liquidity measures taken in Jan, along with clear assurances given by RBI to support ...
The rate cut can be viewed as a positive for lenders having a higher share of fixed rate portfolio, especially credit card issuers, vehicle financiers and gold financiers.
As widely expected, the MPC has cut the Repo Rate by 25 bp to 6.25%. However, there was no forward guidance on policy rates. The stance is maintained at neutral. The RBI Governor has promised ...