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India's Central Bank Delivers Jumbo Rate Cut to Guard Growth -- Update
India's central bank surprised markets with a jumbo rate cut, seizing on cooling inflation to frontload monetary easing and bolster economic growth amid heightened global uncertainty. The Reserve Bank of India's monetary policy committee voted Friday to lower the benchmark repo rate to 5.
The RBI has signalled its willingness to move quickly, decisively, and unconventionally. But monetary policy can only set the ...
The Reserve Bank of India said on Friday it has declined the application of Annapurna Finance for setting-up a universal bank ...
T. Rabi Sankar's appointment follows the resignation of Ajay Narayan Jha, who stepped down from his position as a full-time ...
On June 6, 2025, the Reserve Bank of India (RBI) made a move many had been hoping for—it cut the repo rate by 50 basis points, bringing it down to 5.50%. Along with that, the RBI lowered the Cash ...
The lone economist who predicted the Reserve Bank of India’s out-sized interest rate cut on Friday expects another smaller ...
Cryptopolitan on MSN20h
India’s RBI maintains stance on crypto despite Supreme Court directiveThe Reserve Bank of India has said its stance on digital assets remains the same, despite the recent Supreme Court directive.
(Reuters) -Walmart's Flipkart has secured a lending licence from the Indian central bank and banking regulator, enabling it ...
The Reserve Bank of India on Friday lowered its key repo rate by 50 basis points, a larger-than-expected move that reflects ...
The Reserve Bank of India has reiterated its concerns regarding cryptocurrencies, emphasizing their potential to destabilize ...
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