The US Federal Reserve in continuing the rate cut cycle cut the interest rate by 25 basis points, according to an official statement following the key FOMC meeting.
Reserve Bank is expected to cut repo rates in February 2025 and such a decision, it at all taken, is unlikely to be impacted by rupee's weakness against the dollar, asserted SBI Research in a report.
The Reserve Bank of India (RBI) decided to keep the repo rate unchanged at 6.5 per cent for the 11th consecutive time, marking a continuation of its neutral monetary policy stance. The RBI downwardly revised GDP forecast for 2024-25 to 6.6 per cent from 7.2 per cent earlier.
The Reserve Bank of India (RBI) kept its key interest rates unchanged on Friday but cut the cash reserve ratio by 50 basis points to bring enough liquidity in the banking system.
The Indian stock market on Thursday rallied amid the anticipation of the policy rate cuts by the Reserve Bank of India (RBI). formation of BJP-led government in Maharashtra, and foreign buying, ending in the green territory.
The Indian stock indices revived during the day on Thursday after a slow start at the opening, as investors anticipate a rate cut in the ongoing MPC meeting says market experts.
The Reserve Bank of India (RBI) may keep the current policy rates unchanged in the ongoing Monetary Policy Committee (MPC) meeting, according to a report by the Union Bank of India.
The Reserve Bank of India (RBI) is expected to keep policy rates unchanged in the upcoming Monetary Policy Committee (MPC) meeting scheduled from December 4 to December 6, according to a report by the State Bank of India (SBI).
Expressing his disappointment at the second-quarter estimates of 5.4 per cent GDP growth, Charan Singh, Chief Executive Officer, EGROW Foundation, has said that corrective measures should be taken faster economic growth and interest rates should be brought down.
The Reserve Bank of India (RBI) is expected to maintain its policy rate during its upcoming meeting next week, as GDP growth slowed significantly in the second quarter of FY25. However, the likelihood of a rate cut in February has increased, according to a report by HDFC Bank.
India's residential real estate market could see increase in affordability shift, driven by anticipated interest rate cuts by the Reserve Bank of India (RBI), a report by JLL said.