Tag: RBI

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Forex reserves jump USD 1.98 bn to USD 688.13 bn

Mumbai, May 2: India's forex reserves increased USD 1.983 billion to USD 688.129 billion during the week ended April 25, the RBI said on...

Depositors of New India Co-operative Bank stage protest over delay in fund access

Thane, Apr 28: Depositors of scam-hit New India Co-operative Bank staged a protest in Maharashtra's Thane city on Monday, demanding urgent action on the...

RBI lowers GDP growth projection to 6.5 pc for FY26

Mumbai, Apr 9: Reserve Bank on Wednesday cut India's growth forecast to 6.5 per cent from 6.7 per cent estimated earlier for the current...

RBI cuts policy rate by 25 bps to 6 pc, second in a row

Mumbai, Apr 9: The RBI on Wednesday slashed key interest rate by 25 basis points, for the second time in a row, to support...

PNB slashes retail loans rates by 25 bps

New Delhi, Feb 20: State-owned Punjab National Bank (PNB) on Thursday announced reduction in interest rates by up to 25 basis points on retail...

RBI under new Governor cuts interest rate for first time in 5 years

Mumbai, Feb 7: Home, auto and other loans are likely to see a drop in interest rates after the Reserve Bank of India under...

RBI projects 6.7 pc growth for FY’26 on better Rabi harvest, tax relief by govt

Mumbai, Feb 7: Reserve Bank on Friday projected the growth rate for the upcoming financial year at 6.7 per cent, up from 6.4 per...

Healthy growth set to return this fiscal; rate cut likely sooner

New Delhi, Jan 1: India will have to navigate geopolitical headwinds, tame domestic inflation and nudge the private sector to further loosen their purse...

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