In a move that could bring relief to the common man, the Reserve Bank of India (RBI) has now further lowered the repo rate by 25 basis. This means that the repo rate is reduced from 6.25% to 6%. This is the second consecutive rate cut, following a similar reduction in February 2025. This announcement was made by RBI Governor …
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MUMBAI: RBI has forecast a growth of 6.7% for FY26 while cutting its growth estimate for FY25 to 6.4%, lower than the 6.6% projection made in its financial stability report released in Dec 2024. The central bank also predicts inflation to average 4.2% in FY26, staying within the target zone (2-6%).In his maiden monetary policy statement RBI governor Sanjay Malhotra …
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MUMBAI: India’s financial sector is entering 2025 on a strong footing, buoyed by robust earnings, low impaired assets, and strong capital buffers, RBI governor Sanjay Malhotra said. In his first communication as governor in RBI’s financial stability report, Malhotra said that India’s financial system remained resilient despite uncertainties from geopolitical conflicts, market volatility, and climate risks. “Prospects for the Indian …
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