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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...
Business

Restoring inflation-growth balance most important task ahead of RBI: Guv Das

The Meghalayan Express -
Mumbai, Dec 10: Outgoing Reserve Bank Governor Shaktikanta Das said on Tuesday that restoring inflation-growth balance is the most important task ahead of the...
Business

Growth in second half to be better than Apr-Sep, says RBI Governor

The Meghalayan Express -
Mumbai, Dec 6: Reserve Bank Governor Shaktikanta Das on Friday exuded confidence that growth in the second half of the fiscal year would be...
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