Trending:
August 7, 2025, 07:18 PM - 3 min read
While four members of the MPC voted to hold rates, four others voted to cut and one voted for a bigger, 50 basis points cut. It was novel for the MPC to then hold another round of voting to arrive at a majority decision to slash interest rates by 25 basis points
Read more
August 6, 2025, 10:42 AM - 3 min read
RBI keeps key lending rate steady at 5.5% amid global trade uncertainty
Read more
August 3, 2025, 02:26 PM - 3 min read
India’s forex reserves rose by USD 2.7 billion to USD 698.2 billion for the week ending 25 July, halting a three-week decline, according to RBI data release.
Read more
June 29, 2025, 11:35 AM - 3 min read
India’s forex reserves have fell by $1.02 billion to $697.93 billion, even as RBI reassures external sector strength and gold continues to play a growing role in the reserve mix.
Read more
February 7, 2025, 10:45 AM - 4 min read
RBI Governor Sanjay Malhotra announced on Friday a 25-basis point reduction in the key lending rate, lowering it to 6.25 per cent. He highlighted global economic challenges, emphasising resilience in the Indian economy despite currency depreciation and financial market volatility.
Read more
December 6, 2024, 07:08 PM - 4 min read
The Reserve Bank of India’s Monetary Policy Committee (RBI MPC) has decided to keep the repo rate unchanged at 6.5% for the 11th consecutive time, Governor Shaktikanta Das announced on Friday. The GDP growth projection for FY 2025-26 is set at 6.6%.
Read more
October 8, 2024, 06:03 PM - 4 min read
After 14 meetings of unchanged rates, the Reserve Bank of India's Monetary Policy Committee may ease policy due to falling inflation, the US Federal Reserve's rate cuts, and signs of slowing domestic growth, with expectations of a "neutral" stance and a 50 basis point cut by December.
Read more
October 5, 2024, 04:21 PM - 3 min read
The Reserve Bank of India (RBI) will shift its monetary stance to 'neutral' from current 'withdrawal of accommodation' in credit policy this month, and is likely to maintain the repo rate at 6.5 per cent in its upcoming sitting.
Read more
August 8, 2024, 01:20 PM - 2 min read
The RBI proposed creating a public repository of digital lending apps to combat unauthorised players and introduced 'Delegated Payments' in UPI, allowing users to delegate UPI transactions. They also increased the UPI tax payment limit to Rs 5 lakh and plan to speed up cheque clearing by moving to continuous clearing, reducing the cycle to hours.
Read more
June 6, 2024, 08:11 PM - 2 min read
RBI Governor Shaktikanta Das is expected to maintain the repo rate at 6.5% amid inflation concerns, despite other central banks cutting rates. The Monetary Policy Committee's decision, influenced by ongoing economic growth, will be announced after deliberations concluding Friday morning.
Read more
April 22, 2024, 08:57 AM - 2 min read
Goyal highlighted the tendency of banks to offer better interest rates for bulk corporate deposits, neglecting retail deposits that contribute significantly to long-term liquidity.
Read more
April 5, 2024, 11:40 AM - 2 min read
The impact may vary slightly depending on whether your home loan is on a fixed or floating interest rate. Fixed rates are not directly affected by repo rate changes during the fixed period. However, floating rates tend to adjust with changes in the repo rate.
Read more