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India cuts interest rates for 1st time in 5 years

Hosted on MSN · 20m

India's central bank cuts repo rate for first time in nearly 5 years

The Reserve Bank of India (RBI) reduced its key repo rate on Friday for the first time since May 2020, aiming to provide stimulus to the sluggish economy, which is projected to grow at its slowest pace in four years during the current fiscal year.

BBC on MSN · 21m

India cuts interest rates for the first time in five years

India's central bank has cut interest rates for the first time in nearly five years to counter slowing growth in Asia's third largest economy. The Reserve Bank of India (RBI) reduced its repo rate from 6.5% to 6.25%, in line with the expectations of many economists.

Bloomberg L.P. · 2h

New RBI Governor Delivers India’s First Rate Cut Since 2020

India’s new central bank governor cut interest rates for the first time in almost five years on Friday to help spur a slowing economy as global risks intensify.

5m

RBI to introduce 'bank.in' and 'fin.in' domains to enhance payment security

This initiative aims to reduce cyber security threats and malicious activities like phishing; and, streamline secure ...

9m

RBI rolls out bank.in & fin.in internet domains to check fraud in digital payments

Governor Sanjay Malhotra announced on Friday that the central bank is introducing the 'bank.in' exclusive Internet Domain for ...

RBI MPC Meeting Live Updates: Banks to operate under an exclusive domain name, 'fin.in,' to curb cyber fraud

The former revenue secretary in the Ministry of Finance, Malhotra is expected to announce the cuts to lower interest rates ...

15m

RBI introduces extra security for international online payments with AFA

The RBI plans to introduce Additional Factor of Authentication (AFA) for international online card transactions, enhancing ...

2h

India Central Bank Kicks Off Easing Cycle to Boost Economy

The Reserve Bank of India cut its policy rate for the first time in nearly five years as economic growth slows and inflation ...

RBI working group to review trading and settlement timings of regulated markets

RBI Sanjay Malhotra delivered a rate cut of 25 basis points in his first policy at the help of India's central bank.

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