The decision, announced on Friday by RBI Governor Sanjay Malhotra, also adjusts the Standing Deposit Facility rate to 6 per cent.

The Reserve Bank of India (RBI) new governor Sanjay Malhotra on Friday provided significant relief to banks by assuring that ...

MUMBAI: RBI has broken its silence on exchange rate movements, with governor Sanjay Malhotra saying the central bank will ...

In January, the RBI announced measures like open market operation purchases, 56-day VRR and buy/sell swap to ease the ...

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% ...

In what can come as a huge relief to banks, Reserve Bank's new Governor Sanjay Malhotra on Friday announced that the ...

The Rupee recovered 15 paise from its all-time low closing level to 87.44 (provisional) against the US Dollar on Friday after the Reserve Bank of India (RBI) reduced repo rate by 25 basis points in ...

The Reserve Bank of India (RBI) cut its key repo rate for the first time in nearly five years yesterday and signalled a less restrictive policy approach ahead, as it seeks ...

Reserve Bank Governor Sanjay Malhotra on Friday said the exchange rate policy has remained consistent over the years and the ...

Home, auto and other loans are likely to see a drop in interest rates after the Reserve Bank of India under a new Governor cut the key benchmark rate on Friday for the first time in almost five years ...

The RBI has reduced the repo rate by 25 basis points to 6.25% for the first time in five years, aiming to boost economic ...