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RBI cuts repo rate by 25 bps
New RBI Governor Sanjay Malhotra takes measured tone with first rate cut
India's new central bank governor Sanjay Malhotra cut interest rates by 25 basis points to 6.25%, aiming to support a slowing economy. The monetary policy committee's decision disappointed some investors seeking more proactive measures.
Less restrictive policy and no explicit exchange rate targeting: Takeaways from RBI Governor Sanjay Malhotra’s first monetary policy
Though the RBI cut the Repo rate, the markets were not very enthused as the reduction was on the expected lines and they were hoping for a change in the stance from neutral with more liquidity infusion.
RBI cuts repo rate by 25 bps to 6.25% in first policy review under Governor Sanjay Malhotra
In his first Monetary Policy announcement on Friday, Reserve Bank of India (RBI) Governor Sanjay Malhotra stated that the Monetary Policy Committee (MPC) had unanimously decided to reduce the policy rate by 25 basis points (bps) from 6.
Exchange rate policy consistent; not targeting specific rupee level: RBI Guv Sanjay Malhotra
RBI Governor Sanjay Malhotra stated that the central bank's exchange rate policy aims to ensure orderliness and stability, without targeting specific rupee levels. Amid the rupee falling to a record low of 87.
India cuts policy rate for the first time in nearly five years, new central bank governor Malhotra says
The Reserve Bank of India has cut its key interest rate for the first time in nearly five years, as cooling inflation has offered room to stimulate the slowing economy. The Monetary Policy Committee decided to trim the repo rate by 25 basis points to 6.
RBI MPC: Governor Sanjay Malhotra Announces 'Fin.in' Domain For Banks. Here's How It Will Help
The Reserve Bank of India (RBI) announced a groundbreaking cybersecurity initiative during its latest Monetary Policy Committee (MPC) meeting on Friday. Governor Sanjay Malhotra revealed that banks will soon operate under an exclusive domain name,
RBI Monetary Policy: Governor Sanjay Malhotra delivers 25 bps rate cut for first time in 5 years; 5 key takeaways
The RBI's Monetary Policy Committee cut the repo rate by 25 bps for the first time in nearly five years, maintaining a neutral stance. Governor Sanjay Malhotra noted inflation aligns with targets amid concerns over economic growth and signs of inflation nearing 4 per cent.
India's central bank cuts rates for the first time in nearly five years, forecasts faster growth next year
The Reserve Bank of India has cut its key interest rate for the first time in nearly five years, as cooling inflation has offered room to stimulate the slowing economy. The central bank forecast real GDP growth for next fiscal year at 6.
RBI MPC meet: Why was repo rate cut by 25 basis points? RBI governor Sanjay Malhotra explains monetary policy rationale
The Reserve Bank of India announced a 25 basis point cut in the repo rate, now at 6.25%, the first reduction in five years. The decision follows declining inflation rates and the need to support economic growth.
21m
on MSN
Who is Sanjay Malhotra and why is he trending?
Sanjay Malhotra, who just became the 26th Governor of the Reserve Bank of India, led his first MPC meeting amid economic ...
Fortune India
35m
RBI MPC meet: India can soar past 7% growth as inflation cools, says RBI governor Sanjay Malhotra
The MPC under the new RBI governor will have to walk a tightrope between taming inflation and boosting economic growth. India ...
The Financial Express
1h
Mis-selling of products to be taken very seriously: RBI Guv Sanjay Malhotra warns banks
In his post-MPC meet presser, the RBI governor came down heavily on regulated financial entities, including banks and ...
2h
on MSN
RBI MPC cuts repo rate by 25 basis points to 6.25% to boost economy: Governor Sanjay Malhotra
RBI Governor Sanjay Malhotra has announced that the Monetary Policy Committee (MPC) has decided to cut the benchmark repo ...
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