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Business

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

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

PNB slashes retail loans rates by 25 bps

The Meghalayan Express -
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...
Business

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

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

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

The Meghalayan Express -
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...
Business

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

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

Gross NPAs of banks decline to 12-year low of 2.6 pc: RBI report

The Meghalayan Express -
Mumbai, Dec 30: The Reserve Bank on Monday said the asset quality of banks improved further, and their gross non-performing assets (GNPA) or bad...
Northeast

Amit Shah asks banks to frame separate financial guidelines for Northeast

The Meghalayan Express -
Agartala, Dec 21: Union Home Minister Amit Shah on Saturday asked all banks to prepare separate financial guidelines for the Northeast keeping in mind...
Business

RBI raises collateral-free agricultural loan limit to Rs 2 lakh to aid farmers

The Meghalayan Express -
New Delhi, Dec 14: The Reserve Bank of India (RBI) has enhanced the collateral-free loan limit for farmers from Rs 1.6 lakh to Rs...
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