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RBIs status quo on rate and low inflation will boost housing demand in fes
Updated : 7 months, 2 weeks ago IST
The Reserve Bank of India's decision to keep the repo rate unchanged at 5.5 percent will keep interest rates stable and sustain the momentum in the housing market, which will gain further as the festival season approaches noted experts.
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5.5% terminal rate to remain for some time, rate cuts unlikely soon: Repor
Updated : 7 months, 2 weeks ago IST
The Reserve Bank of India (RBI) is likely to keep the terminal rate at 5.5 per cent for some time in the near-term, asserted Bank of Baroda Economist Jahnavi Prabhakar, citing the central bank's guidance that future actions will be data dependent and on basis of ongoing development on extern
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RBI's status quo on rates reflects Confidence in economy and Caution amid
Updated : 7 months, 2 weeks ago IST
As the Reserve Bank of India's Monetary Policy Committee keeps the policy rates unchanged on Wednesday, Economists have largely welcomed the decision to hold the policy repo rate steady, viewing it as a balanced approach.
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Bank credit down because corporates using bond market to raise funds: RBI
Updated : 7 months, 2 weeks ago IST
Corporates are increasingly relying on the bond market to raise funds as the transmission of policy rate cuts is faster in the money market compared to banks, Reserve Bank of India (RBI) Governor Sanjay Malhotra said on Wednesday while announcing the policy rates.
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RBI to standardise claim settlement process for deceased customers' accoun
Updated : 7 months, 2 weeks ago IST
Sanjay Malhotra, Governor of Reserve Bank of India (RBI) announced that standardize the procedure for settling claims related to bank accounts and safe deposit lockers of deceased customers, aiming to simplify and streamline the overall claims process.
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Despite trade uncertainty due to tariffs, RBI keeps GDP projection for FY2
Updated : 7 months, 2 weeks ago IST
Despite the uncertain global trade environment due to ongoing tariff announcements and trade negotiations, the Reserve Bank of India (RBI) has kept the GDP growth projection for the current financial year 2025-26 unchanged at 6.5 per cent.
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RBI revises retail inflation downward to 3.1% for FY26 from 3.7% projectio
Updated : 7 months, 2 weeks ago IST
The Reserve Bank of India (RBI) has revised its Consumer Price Index (CPI) inflation projection for the financial year 2025-26 downward to 3.1% for the financial year 2026 (FY26), a significant reduction from the 3.7 per cent forecast made in June.
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RBI keeps Repo Rate unchanged at 5.5% in August policy meet
Updated : 7 months, 2 weeks ago IST
In an unanimous decision the Reserve Bank of India (RBI) Monetary Policy Committee (MPC) has kept the repo rate unchanged at 5.5 per cent in its August policy meeting. The decision was announced by RBI Governor Sanjay Malhotra on Wednesday.
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Nifty, Sensex open flat ahead of RBI policy announcement, US-Russia talks
Updated : 7 months, 2 weeks ago IST
Indian stock markets opened flat on Wednesday amid a mix of domestic and global uncertainties, with investors opting for a cautious approach ahead of the Reserve Bank of India's monetary policy announcement and key geopolitical developments, including a critical US-Russia meeting.
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RBI eases norms for trade in Indian rupee, removes approval requirement fo
Updated : 7 months, 2 weeks ago IST
In a significant move aimed at further facilitating trade in Indian Rupees, the Reserve Bank of India (RBI) has simplified the procedure for opening Special Rupee Vostro Accounts (SRVAs).
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RBI Governor Sanjay Malhotra to announce policy rates today at 10 AM
Updated : 7 months, 2 weeks ago IST
The Reserve Bank of India (RBI) Governor Sanjay Malhotra will announce the policy rates today at 10 AM in Mumbai as the three-day monetary policy committee (MPC) meeting will conclude.
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RBI's rate cuts transmission visible in banks' books, faster adoption in P
Updated : 7 months, 2 weeks ago IST
The transmission of policy rate cuts by the Reserve Bank of India (RBI) is visible in the outstanding books of banks and fresh loans are given at relatively higher margins, according to a recent report by CareEdge Ratings.
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