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Bank of Baroda reduces repo-linked interest rates following RBI footstep
Updated : 9 months, 2 weeks ago IST
Bank of Baroda (Bank), one of India's leading public sector banks, has announced the reduction in its Repo Linked Lending Rate by 50 basis points following the policy rate cut announced by the Reserve Bank of India.
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RBI's T Rabi Sankar appointed as part-time member of 16th Finance Commissi
Updated : 9 months, 2 weeks ago IST
The appointment of T Rabi Sankar is consequent to the resignation of one of the full-time Members of the XVIFC, Ajay Narayan Jha, on personal grounds.
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Households feel inflation is easing in short and medium term: RBI Survey
Updated : 9 months, 2 weeks ago IST
Indian households' perception of current inflation in the country fell slightly, according to the Reserve Bank of India (RBI).
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Urban consumer confidence shows stable sentiments, expects brighter outloo
Updated : 9 months, 2 weeks ago IST
The Reserve Bank of India's Urban Consumer Confidence Survey (UCCS) for May 2025 indicates that consumer sentiments regarding the current economic situation have remained largely stable compared to March, supported by slight improvements in areas such as employment and prices, though these
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Repo Rate Cut Fuels Real Estate Resurgence; Developers See Renewed Buyer C
Updated : 9 months, 2 weeks ago IST
Delhi NCR [India], June 7: At a time of global economic uncertainty, the RBI has delivered a decisive signal with a 50 basis point cut in the repo rate, bringing it down to 5.5%. This marks the third consecutive reduction, underscoring the RBI's commitment to stimulate domestic demand, ease
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Industry leaders hail RBI's rate cut as catalyst for further boosting hous
Updated : 9 months, 2 weeks ago IST
New Delhi [India], June 7: The Reserve Bank of India's Monetary Policy Committee (MPC) has taken a decisive step to revive economic momentum by slashing the repo rate by 50 basis points, bringing it down to 5.5%, while also reducing the Cash Reserve Ratio (CRR) by 100 bps. These moves, combi
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FPIs sold equities worth Rs 8749 crore this week, however sharp turnaround
Updated : 9 months, 2 weeks ago IST
Foreign Portfolio Investors (FPIs) began the first week of June on a weak note in the Indian stock market, with net investments staying in the negative territory.
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Rate-sensitive sectors like banking, NBFCs, real estate and automobile to
Updated : 9 months, 2 weeks ago IST
Sectors such as banking, NBFCs, real estate, and automobiles are expected to be the key beneficiaries of the current easing interest rate environment, according to a report by Nexedge Research.
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Rate Cut Cycle likely over now, policy to stay data-driven: Union Bank of
Updated : 9 months, 2 weeks ago IST
The recent policy actions by the Reserve Bank of India (RBI) appear to mark the end of the current interest rate cutting cycle, according to a report by Union Bank of India.
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Lending rates to fall by 30 bps after RBI policy cut: SBI Report
Updated : 9 months, 2 weeks ago IST
Lending rates are expected to fall by around 30 basis points (bps) following the recent policy rate cut, according to a report by the State Bank of India (SBI).
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India's forex reserves decline $1.2 billion to $691.5 in week ending May 3
Updated : 9 months, 3 weeks ago IST
India's foreign exchange reserves (forex) slumped USD 1.237 billion to USD 691.485 billion in the week ending May 30, official data released by the Reserve Bank of India showed on Friday.
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RBI policy brings cheer for Indian stocks: Nifty Bank soars over 800 point
Updated : 9 months, 3 weeks ago IST
The Indian stock indices ended on a strong note and surged after the larger-than-expected policy rate cut, reflecting elevated optimism among the market participants on the last trading day of the week.
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