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India cenbank steps in to support growth with more liquidity
India cenbank steps in to support growth with more liquidity; keeps key rate steady
The Reserve Bank of India (RBI) kept its key interest rate unchanged on Friday but cut the cash reserve ratio (CRR) that banks are required to hold, effectively easing monetary conditions as economic growth slows.
India’s Central Bank Holds Rates Again
The Reserve Bank of India kept its policy rate unchanged as it walks the line between curbing inflation and boosting growth after a surprisingly weak quarter.
India central bank cuts growth forecast
But the Reserve Bank of India kept its benchmark policy interest rate unchanged at 6.5 per cent, citing an unexpected increase in inflation, and said the economy was showing signs of bottoming out. The RBI said it now estimated growth for the 2024-25 financial year would be 6.
CNBC on MSN
6h
India's central bank revises down economic growth forecast for 2025, keeps interest rate steady
India
's central bank expectedly kept the benchmark interest rate unchanged at 6.50% on Friday as it struggles to contain ...
49m
RBI Lowers FY25 GDP Growth Rate By A Huge 60 Bps, Says Slowdown Bottomed Out In Jul-Sep
Reserve Bank of India Governor Shaktikanta Das, in the monetary policy meeting announcements, lowered the estimated GDP ...
The Pioneer
11h
India's growth offers phenomenal opportunities to American investors: K V Subramanian
India
's Executive Director at the IMF Dr K V Subramanian on Thursday said
India
's
growth
offers phenomenal ...
Swarajya
10m
RBI Keeps Repo Rate Unchanged At 6.5 Per Cent, Cuts CRR By 50 Basis Points To 4 Per Cent; FY25 Growth Target Lowered To 6.6 Per Cent
The six-member Monetary Policy Committee (MPC) led by RBI Governor has decided to keep the benchmark repo rate unchanged at 6 ...
4d
India to take steps to achieve 6.5%-7% GDP growth target
The Indian government is taking steps to help the economy achieve the FY25 GDP growth target of 6.5%-7%, the country's ...
1h
Reserve Bank of India cuts GDP growth estimate for FY 2024-’25 to 6.6%
The central bank also revised the inflation outlook for the financial year to 4.8%, up from its October projection of 4.5%.
2h
on MSN
MODIFI eyes India’s SME export growth in renewables, pharma, chemicals
Hendrichs, MODIFI’s Chief Commercial Officer, highlighting the company’s focus on empowering SMEs, particularly in renewables ...
2d
India's services sector saw strong growth in November, PMI shows
Growth in India's dominant services sector remained strong in November despite the steepest rise in prices for over a decade, ...
36m
How Aleph India Revolutionizes Global Regulatory Compliance & Product Certification In INDIA
Aleph India, a Delhi based leader in regulatory compliance, is revolutionizing how industries overcome these challenges.
1h
Inflation, along with external headwinds, poses challenges to India's growth prospects - Dun & Bradstreet
Dun & Bradstreet, a global leader in business decisioning data and analytics, has released its Economy Observer report for ...
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