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
The Reserve Bank of India (RBI) will defer the implementation of three proposed crucial banking regulations, giving lenders ...
The Reserve Bank of India has delayed the implementation of proposed liquidity regulations for lenders that may have hampered ...
MUMBAI (Reuters) - India's central bank governor on Friday cautioned lenders against rising instances of frauds in digital ...
Governor Malhotra told investors that the RBI prioritizes long-term stability over any particular level of the exchange rate. He stressed India’s strong foreign exchange reserves, which as of January ...
The Indian rupee rose in early trading on Friday, tracking the gains in most Asian currencies, while dollar-rupee forward ...
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