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Auto industry welcomes RBI's rate cut decision, believes it will add to co
Updated : 9 months, 2 weeks ago IST
The Automobile industry has supported the Reserve Bank of India's rate-cut decision, and they believe that this decision will add positive sentiment among consumers in the market.
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Compare and Get Personal Loans Easily through Bajaj Markets
Updated : 9 months, 2 weeks ago IST
Pune (Maharashtra) [India], June 6: Bajaj Markets simplifies access to personal loans from multiple financial partners, and facilitates the funding for diverse needs, including travel, wedding expenditures, and medical emergencies. Users can easily compare vital loan specifics like interest
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RBI's rate cut will boost mid-segment housing affordability in top cities,
Updated : 9 months, 2 weeks ago IST
The decision of the Reserve Bank of India (RBI) to reduce the policy repo rate will significantly help mid-segment housing across top-tier cities, translating into lower EMIs (Equated Monthly Installment) and better affordability, said real estate executives, terming it a "strategic move".
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Economists hail RBI's 50 bps rate cut and CRR cut to give a strong push to
Updated : 9 months, 2 weeks ago IST
Economists across the board have welcomed the Reserve Bank of India's (RBI) latest policy decision, terming the 50 basis points (bps) repo rate cut as a pro-growth move that is expected to significantly boost liquidity and economic activity in the country.
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India's forex reserves sufficient to meet 11 months of imports, 96% of ext
Updated : 9 months, 2 weeks ago IST
India's foreign exchange reserves (Forex) are sufficient to meet 11 months of the country's imports and about 96 per cent of external debt, said Governor Sanjay Malhotra while announcing the outcome of the Monetary Policy Committee (MPC) decisions on Friday.
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CRR cut by 100 bps, stance changed to Neutral; inflation forecast reduced
Updated : 9 months, 2 weeks ago IST
In a major move to boost liquidity in the economy, the Reserve Bank of India (RBI) on Friday announced a cut in the Cash Reserve Ratio (CRR) by 100 basis points in four tranches of 25bps each.
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Key Things to Know Before Applying for a Gold Loan in India with Bajaj Fin
Updated : 9 months, 2 weeks ago IST
Pune (Maharashtra) [India], June 6: Applying for a gold loan in India has become one of the fastest and most convenient ways to access funds. Many people turn to gold loans for quick financial support without having to sell their precious gold jewellery. Bajaj Finance offers a reliable and s
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RBI cuts repo rate by 50 bps to 5.5% under liquidity adjustment facility
Updated : 9 months, 2 weeks ago IST
RBI Governor said, "The reduction recommended by the MPC is for 50 basis points to 5.5 per cent. This is with an immediate effect."
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RBI Governor Sanjay Malhotra to announce policy rates today amid falling i
Updated : 9 months, 2 weeks ago IST
The Reserve Bank of India (RBI) Governor Sanjay Malhotra is set to announce the policy repo rate today at 10 AM in Mumbai, as the three-day Monetary Policy Committee (MPC) meeting comes to a close.
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RBI's MPC to keep its focus on growth momentum; 25 bps rate cut likely: Ca
Updated : 9 months, 2 weeks ago IST
The Monetary Policy Committee (MPC) is expected to maintain its focus on supporting the ongoing recovery in economic growth momentum, Careedge Ratings said in a report.
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Amid demand showing signs of fatigue and Capex slowdown, RBI to go for 25b
Updated : 9 months, 2 weeks ago IST
The report mentioned, "We anticipate the MPC to cut rate by 25bp and potentially guide for more cuts. Demand conditions continue to often, as seen in slowing credit growth, auto sales, RE sales and HH wages while inflation too has turned quite soft, hovering below 4 per cent on a 3MMA basis,
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Industry leaders expects RBI to take a balanced approach on rate cut and i
Updated : 9 months, 2 weeks ago IST
Majority of the Industry leaders believed that current economic conditions, marked by controlled inflation and improved growth, provide room for a modest rate cut that could boost credit flow and support key sectors like MSMEs, housing, and healthcare.
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