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.
The governor said the RBI is introducing an exclusive domain name for banks called 'bank.in', while for non-bank entities in ...
Governor Sanjay Malhotra has addressed concerns over the rupee's weakness. Announcing the RBI’s latest monetary policy ...
Governor Sanjay Malhotra on Friday announced that the central bank has slashed the policy repo rate by 25 basis points from 6 ...
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