India central bank cuts rates for first time in nearly 5 years; signals less restrictive approach
MUMBAI: The Reserve Bank of India (RBI) cut its key repo rate for the first time in nearly five years on Friday (Feb 7) and signalled a less restrictive policy approach ahead, as it seeks to provide stimulus to the sluggish economy.
India cuts policy rate for the first time in nearly five years, new central bank governor Malhotra says
The Reserve Bank of India has cut its key interest rate for the first time in nearly five years, as cooling inflation has offered room to stimulate the slowing economy. The Monetary Policy Committee decided to trim the repo rate by 25 basis points to 6.
forex, India
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MUMBAI (Reuters) - India's central bank governor on Friday cautioned lenders against rising instances of frauds in digital ...
India’s central bank is introducing an exclusive “.bank.in” domain for banks from April 2025 as part of efforts to combat rising digital payment frauds and bolster trust in online banking services.
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India’s central bank cuts rates for first time in nearly 5 years; signals less restrictive approachThe Reserve Bank of India (RBI) cut its key repo rate for the first time in nearly five years on Friday and signalled a less ...
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