The Reserve Bank of India's 50 bps rate cut on Friday is likely to lead to a reduction in deposit interest rates, hurting bank customers who have enjoyed higher returns amidst fierce competition for ...

The Monetary Policy Committee (MPC) in a bold move surprised the markets with “all guns blazing” rate cuts to propel economic ...

The MPC likely chose to frontload rate action to squeeze the lags in transmission. With sufficient liquidity in the banking ...

The apex bank cut the repo rate by 0.5 percentage points — double what was expected — and reduced the cash reserve ratio (CRR ...

The Reserve Bank of India surprised investors with a significant policy rate cut. This action aims to stimulate economic ...

The move, passed with a 5:1 majority in the MPC, marks the third straight rate cut, along with a change in the monetary ...

The RBI maintains its cautious stance on cryptocurrency, citing potential risks to financial stability and monetary policy, ...

This is the steepest rate cut since May 2020, when the MPC lowered the rate by 75 basis points to fight the Covid-induced ...

Live: Follow this space for all the latest news and updates on the RBI MPC meet, chaired by Governor Sanjay Malhotra, which ...

PSU lender Punjab National Bank has announced a significant reduction in its lending rate following RBI’s jumbo rate cut.

The Federal Reserve's monetary policy is "moderately restrictive, and I think that's appropriate," Philadelphia Fed President ...

Reserve Bank of India (RBI) Governor Sanjay Malhotra said on June 6 that cryptocurrencies may affect the country’s financial ...