India's benchmark 10-year government bond yield could decline further if the Reserve Bank of India (RBI) announces a policy rate cut of more than 25 basis points in its upcoming monetary policy on June 6, according to a report by Bank of Baroda.
As the Reserve Bank of India's Monetary Policy Committee (MPC) begins its two-day meeting in Mumbai to deliberate on the key policy rates, economists are divided over the quantum of the rate cut that the central bank should undertake in its June 6 announcement.
According to a report by SBI, the RBI is likely to announce a 50 basis points (bps) cut in the repo rate during this policy. The bank believes that a large rate cut at this stage could help revive the credit cycle and support overall economic growth.
The central government has extra space in the fiscal deficit to push up expenditure by at least Rs. 0.8 trillion in FY2026 relative to the Budget Estimates (BE), as the higher GDP and RBI dividend payout provide room for it, according to a report by ICRA.
The Reserve Bank of India's (RBI) decision to maintain higher risk buffers is expected to strengthen its balance sheet and support India's macroeconomic fundamentals, especially at a time when global oil prices are expected to remain benign, according to a recent report by ICICI Bank.
The Reserve Bank of India (RBI) on Monday released an update on the withdrawal of Rs 2000 denomination banknotes, which was initially announced on May 19, 2023. The update stated that 98.26 per cent of the Rs 2000 banknotes in circulation as of the announcement date have been returned.
The growth of bank deposits in India slowed down to 10.6 per cent year-on-year in the financial year ended March 2025 as compared to 13 per cent in the previous fiscal, according to new data released by the Reserve Bank of India (RBI).
The Reserve Bank of India (RBI) is expected to announce a 50 basis points (bps) cut in the repo rate in its upcoming monetary policy announcement on June 6, according to a report by the State Bank of India (SBI).
India's foreign exchange reserves (forex) jumped USD 6.992 billion to USD 692.721 billion in the week ending May 23, official data released by the Reserve Bank of India (RBI) showed.
Bharatpur (Rajasthan) [India], May 31:Several students from PhysicsWallah (PW) have recorded strong performances in the RBSE Class 10 Board Examinations 2025. Among them, Chanchal from Gopalgarh, Bharatpur has scored the highest marks with a score of 99.83%. Other top-performing students inc