India's Central Bank Cuts Repo Rate for First Time in Nearly 5 Years
(Reuters) -The Reserve Bank of India (RBI) reduced its key repo rate on Friday for the first time since May 2020, aiming to provide stimulus to the sluggish economy, which is projected to grow at its slowest pace in four years during the current fiscal year.
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Terming the RBI’s decision to cut the repo rate by 25 basis points as ‘a welcome move’ for Thane’s real estate, Jitendra ...
However, some banks acknowledged the short-term impact on their profitability, with expectations of eventual recovery ...
The RBI is expected to encounter a trilemma encompassing tighter liquidity conditions, depreciating rupee and heightened ...
The Indian stock market ended in the red on Friday following the Reserve Bank of India's (RBI) announcement of a 25 basis ...
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