India's manufacturing slump prompted February rate cut, says RBI rate panel's Kumar
A sharp slowdown in India's manufacturing sector - a key driver of job creation - was a major factor in the monetary policy ...
The Financial Express1h
Will RBI cut rates again in April? Here are key expert views
The RBI MPC is expected to reduce the key interest rate by another 25 bps in April as inflation pressures are easing and ...
India's RBI announces mega $10 billion FX swap to infuse rupee liquidity
The Reserve Bank of India will conduct a massive $10 billion three-year dollar/rupee swap auction next week to infuse durable ...
RBI to stop banks from levying foreclosure charges or prepayment penalties on loans. Details here
According to the latest rules, when a loan borrower decides to foreclose a floating rate loan or prepay it, the bank will not ...
The Financial Express1h
Sovereign Gold Bond alert! RBI opens early exit window – Check if you’re eligible!
In a circular dated February 21, 2025, the RBI also shared the process for investors who want to redeem their SGBs early. If ...
No penalty for early loan repayment? Key takeaways from RBI's new foreclosure guidelines for lenders
The RBI's draft circular, issued on February 21, emphasised responsible lending by prohibiting foreclosure charges or ...
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SBI’s Soumya Kanti Ghosh expects RBI to cut rates in April and June
SBI's Group Chief Economic Adviser Soumya Kanti Ghosh pointed to the dovish tone in the RBI's latest meeting minutes, ...
RBI proposes to scrap foreclosure charges on floating-rate loans for retail and MSME borrowers
The Reserve Bank of India (RBI), in a draft circular has mandated lenders to permit foreclosure or prepayment of all floating rate loans sanctioned to individuals for purposes other than business, ...
RBI FX swap to boost rupee liquidity, bond yields dip
The Reserve Bank of India (NSE: BOI) (RBI) took significant action to support the Indian rupee and enhance liquidity within ...
Manufacturing slump prompted Feb rate cut, says RBI MPC member Kumar
He said there was a concern about the weaknesses of the manufacturing sector, which is important for job creation, due to ...
Naming ex-RBI chief Das as key aide highlights PM Modi's economic focus
On Saturday, the government appointed Das, who served a six-year term as RBI Governor until December, as a second principal ...
India's manufacturing slump prompted February rate cut, says RBI rate panel's Nagesh Kumar
The manufacturing sector grew 2.2% in the September quarter, much slower than the 7% growth seen in the June quarter.