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.
India's central bank will be agile in responding to the liquidity needs of the banking system, Reserve Bank of India (RBI) ...
India’s central bank is introducing an exclusive “.bank.in” domain for banks from April 2025 as part of efforts to combat rising digital payment frauds and bolster trust in online banking services.
To strengthen security further, the RBI will extend the additional factor of authentication for digital payments to online ...
India's central bank governor on Friday cautioned lenders against rising instances of frauds in digital payments and said ...
With the RBI tightening its bands on NBFCs in the P2P space, the sector is evolving into a more transparent and stable ...
India's central bank has cut the key repo interest rate at which it lends to commercial banks by a quarter point to 6.25%. It ...
This move comes as part of an effort to curb practices that lead to consumer detriment and to ensure a level playing field in ...
Native Americans nationwide face unique barriers in accessing capital. A new loan available to Native entrepreneurs aims to ...
The Reserve Bank of India (RBI) on Friday reduced the repo rate by 25 basis points from 6.5% to 6.25% in another step to boost the economy, media reports said.
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