Tag: RBI

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RBI may cut interest rate by 25 bps on Friday

Mumbai, Nov 30: The RBI may trim the benchmark lending rate by 25 bps in its forthcoming monetary policy meeting, as inflationary pressures are...

India needs world-class banks; in talks with RBI, lenders: FM Sitharaman

Mumbai, Nov 6: Finance Minister Nirmala Sitharaman on Thursday said the country needs big and world-class banks, and discussions are on with the Reserve...

WPI inflation eases to 0.13 pc in Sept

New Delhi, Oct 14: Wholesale price inflation (WPI) softened to 0.13 per cent in September on easing in prices of food articles, fuel and...

RBI has kept possibility of future rate cuts open: Report

Kolkata, Oct 4: The Reserve Bank of India (RBI) has kept the possibility of future rate cuts open, with its monetary policy committee (MPC)...

Rupee recovers 9 paise from all-time low to close at 88.71 against US dollar post RBI policy

New Delhi, Oct 1: The rupee recovered 9 paise from its all-time closing low to settle at 88.71 against US dollar on Wednesday, as...

RBI retains FY26 growth at 6.5 pc; lowers inflation forecast to 3.1 pc

Mumbai, Aug 6: The Reserve Bank on Wednesday retained the GDP growth projection for the current fiscal year at 6.5 per cent while lowering...

Rupee rises 25 paise to close at 85.51 against US dollar

Mumbai, July 1: Rupee appreciated 25 paise to close at 85.51 (provisional) against the US dollar on Tuesday, supported by weakness of the American...

Forex reserves decline by USD 1 bn to USD 697.93 bn

Mumbai, June 27: India's forex reserves dropped by USD 1.01 billion to USD 697.93 billion for the week ended June 20, the Reserve Bank...

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