Even with a modest interest rate reduction, a borrower who takes out a loan for a home of Rs 30 lakh over 20 years saves a ...

Experts are optimistic that the 25 bps cut—the first in nearly five years—will make borrowing cheaper and spur the demand for consumer durables, automobiles and homes ...

The RBI’s policy, marked by restrained dovishness, balanced the need for a rate cut with cautious liquidity assurances, ...

RBI’s 25 bps repo rate cut will bring relief to borrowers by lowering EMIs across loans. This move aims to make borrowing more affordable and boost spending.

The country's solar cell manufacturing capacity is expected to reach 50-55 GW by FY27, a fivefold increase from 10 GW at the ...

The Reserve Bank of India (RBI) on Friday projected the retail inflation at 4.2 per cent for next financial year beginning April while retaining the forecast for 2024-25 at 4.8 per cent. Unveiling the ...

Sanjay Malhotra on Friday said the exchange rate policy has remained consistent over the years and the central bank does not target any 'specific level or band' of the Rupee, which slipped to an ...

RBI approves voluntary amalgamations in UCB sector, aiming to strengthen financial stability through consolidation and ...

The monetary policy committee on Friday cut the policy interest rate by 25 basis points to 6.25% to support growth. At a post ...

RBI governor Sanjay Malhotra assured markets that the central bank would provide all the liquidity required to ensure that ...