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 ...

Reserve Bank of India Governor Sanjay Malhotra on Friday said the bank's forex policy has remained consistent, in favour of orderly and stable market operation and it does not target any exchange rate ...

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

RBI’s comments come amid rising calls to exclude food inflation from the calculation of headline CPI inflation, first brought ...

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 ...

With inflation moderating to 5.2% in December and growth projections for 2024-25 slipping to a four-year low of 6.4%, the RBI appears to be prioritising economic expansion over inflation control ...

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 growth. Industry leaders expect lower borrowing costs to drive credit demand, ...