RBI Governor Sanjay Malhotra announced a 25 basis points rate cut on February 26, the first in five years, to stimulate the slowing economy. The MPC maintained a neutral stance, projecting FY26 ...
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All six members voted unanimously for the rate cut while maintaining a neutral stance. The rate cut comes even as the past ...
Households’ median perception of current inflation declined marginally by 10 basis points (bps) to 8.3 per cent, as compared ...
The rate cut is expected to bring relief to borrowers, as banks are likely to lower lending rates on home, auto and education ...
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The Nifty 50 has dropped 4.4 per cent since the last policy meeting in December, impacted by weak corporate earnings and a ...
Terming the RBI’s decision to cut the repo rate by 25 basis points as ‘a welcome move’ for Thane’s real estate, Jitendra ...
The scheme aims to build a skilled, future-ready workforce by integrating demand-driven, technology-enabled, and ...
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 ...
A 25-basis point rate cut will not move the needle materially on lending rates for corporates or retail borrowers.
Under this program, the bank has introduced a dedicated feature on its Mobile Banking app called ‘Senior Citizen Specials’.