RBI likely to cut rates by 25 basis point in April meeting as growth concerns weigh: Analysts
During the RBI MPC's last meeting, the decision to cut repo rates was due to concerns over the growth slowdown and a more ...
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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, ...
Indian govt had no outstanding loans from RBI in Feb 14 week
The Indian government had no outstanding loans with the central bank under ways and means advances in the week ended Feb. 14, ...
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Morgan Stanley warns RBI’s move to scrap foreclosure charges on loans to hit profitability of NBFCs
The move is expected to particularly affect NBFCs with a significant proportion of floating-rate loans against property (LAP) ...
RBI to inject $10 billion via forex swap to curb cash crunch
India's central bank plans to inject $10 billion via a foreign exchange swap to alleviate a cash crunch in the banking system ...
RBI's surprise, outsized intervention eases bearish bias on rupee
The Indian central bank's unexpected and decisive intervention in the foreign exchange markets over the past two days, worth ...
UP carried out maximum transactions with banks, claims Yogi Adityanath; cites RBI report
Adityanath recently said the state Budget 2025-26 is in alignment with the principles of 'Sarve Bhavantu Sukhinah' and is ...
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RBI Takes Control of Burger King China Business for $158 Million in Cash
Burger King, Tim Hortons, and Firehouse Subs parent company Restaurant Brands International announced Tuesday one of its ...
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RBI Proposes End to Penalties on Floating Rate Loan Pre-Payments
The Reserve Bank of India (RBI) has proposed eliminating foreclosure and pre-payment penalties on floating rate loans for individuals and micro, small enterprises. The draft aims to promote ...
RBI curbs show effect; personal loan growth moderates in Q3
Personal loan growth slowed to 13.7% by December 2024 from 15.2% in September due to regulatory warnings. Total bank credit ...