MUMBAI: Banks have been witnessing margin squeeze for a year now after being forced to offer better pricing for deposits as ...
Under the planned new LCR regime, first announced last July, the Reserve Bank of India would require an additional five per cent of high-quality liquid assets to be held by banks with online and ...
This could clear the way for another rate cut by the Reserve Bank of India, which slashed rates from 6.5% to 6.25% after its monetary policy meeting on Feb. 7.
Repo rate-linked loan EMIs will be reduced immediately, within about a month, but MCLR-linked loans could take at least two ...
India’s central bank cut interest rates Friday for the first time in nearly five years, as concerns over a growth slowdown in ...
The RBI decided to stick to its “neutral” stance, acknowledging that the global atmosphere remains uncertain due to evolving ...
The UBI stated, "MPC revised FY25 growth projection to 6.4 per cent from 6.6 per cent previously even as it projects recovery ...
Experts are optimistic that the 25 bps cut—the first in nearly five years—will make borrowing cheaper and spur the demand for ...
Given the global volatility and uncertainty amidst a downturn and a depreciating currency, the MPC has done so by reducing ...
The RBI Governor Sanjay Malhotra delivered the first interest rate cut in nearly five years. The RBI MPC reduced the repo ...
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