The decision was made with a majority vote of 5 out of 6 MPC members. The standing deposit facility (SDF) rate remains steady at 6.25 per cent, while the marginal standing facility (MSF) rate and the bank rate are both maintained at 6.75 per cent.
The Reserve Bank of India (RBI) is set to conclude the three-day Monetary Policy Committee (MPC) meeting today, with Governor Shaktikanta Das expected to announce the central bank's decision on policy rates.
Pakistan government's debt reached a record high of Pakistani currency (PKR) 70.36 trillion, a staggering figure that's sparking concerns about the country's economic stability.
Mumbai (Maharashtra) [India], October 8: Personal loans have become instrumental for individuals seeking quick and easy access to funds. Whether it's for debt consolidation, home renovation, or covering unexpected expenses, a personal loan can provide the financial support borrowers may need
Tripura Chief Minister Manik Saha criticized the opposition for their attempts to hinder progress in the state and said that progress and development pose a challenge to their political survival.
The central government has re-appointed M Rajeshwar Rao as Deputy Governor, Reserve Bank of India for one year with effect from October 09, 2024, or until further orders, whichever is earlier.
The International Finance Corporation (IFC), a member of the World Bank Group, is partnering with private lender Axis Bank, to provide a USD 500 million loan to help develop a blue finance market and scale up financing of green projects in India.
Indian stock indices closed in red Monday, logging sixth straight session losses, with analysts attributing the fall to a consolidation after the recent bull run.
New Delhi [India], October 7: In a major collaborative move, Tata Motors Finance (TMF), one of India's leading automotive financiers, and Bank of India, have joined forces by entering into a strategic co-sourcing agreement aimed at enhancing financing accessibility for commercial vehicle own
As the Reserve Bank of India's (RBI) ongoing meeting draws attention, experts widely believe that the central bank will not announce any changes to the repo rate during this session.