RBI, India and repo rate
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Analysts are divided on whether the RBI’s MPC will reduce the repo rate or not. A Mint poll of 13 economists earlier this week showed nine expecting a pause, while four anticipated a 25-basis points (bps) cut to 5.
The Reserve Bank of India lowered its key interest rate on Friday and announced measures to infuse up to $16 billion into the banking system this month in the form of debt purchases and a foreign exchange swap.
The policy day is here. Reserve Bank of India's Monetary Policy Committee led by Governor Sanjay Malhotra will be announcing its policy decision at 10 AM today after their three-day policy meeting comes to an end.
RBI’s MPC delivers an unexpected unanimous 25 bps rate cut as inflation plunges to 0.25% and growth projections rise. Liquidity infusion of ₹1.5 lakh crore aims to speed up rate transmission.
India's Fino Payments Bank received "in-principle" approval to transition into a small finance bank, the country's central bank said on Friday. The transition will allow Fino Payments Bank to accept larger deposits,
With the conviction that headline inflation will stay benign for the next six to nine months, the six-member Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) unanimously decided to lower the policy repo rate by another 25 basis points (bps) to 5.25 per cent on Friday, the lowest in over three years.
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RBI MPC December: India To Grow Faster Than Earlier Thought, Central Bank Now Expects 7.3% GDP In FY26
The MPC maintained its neutral policy stance, signalling that the central bank remains cautiously optimistic but not yet ready to declare a firm pivot towards an easing cycle.
India's stock benchmarks are set to open higher on Friday, with investors divided over the Reserve Bank of India's policy decision as strong economic growth and a weakening rupee cloud the case for a rate cut.
Survika, an RBI-registered NBFC, offers fast MSME, personal and supply-chain loans with transparent terms and simple digital steps.
The Reserve Bank of India will launch a two-month campaign in January to resolve all customer grievances pending for over a month with the RBI Ombudsman. Governor Sanjay Malhotra urged banks to address complaints promptly,