The central bank set the real GDP growth forecast at 6.7% for the fiscal year of 2026 while the inflation rate lower at 4.2%.

The Reserve Bank of India (RBI) reduced its key repo rate on Friday for the first time since May 2020, aiming to provide ...

RBI Governor Sanjay Malhotra attributed the shift in liquidity from surplus to deficit primarily to advance tax payments in ...

The repo rate, set by the RBI, influences borrowing costs for banks. A higher repo rate raises FD interest rates, attracting ...

Governor Sanjay Malhotra said that the rapid digitalisation of financial services has brought convenience and efficiency but ...

The repo rate cut is expected to lower interest rates on loans, particularly benefiting homebuyers and other borrowers.

The Reserve Bank of India (RBI) cut its key repo rate for the first time in nearly five years on Friday to provide ...

"We expect the annual revision will reduce the recent trend pace of growth by 35,000, and by about 70,000 on average over the ...

With banks expected to lower FD rates in response to cheaper borrowing costs, returns on deposits could shrink in the coming ...

The Central Bank of Nigeria has released the latest exchange rates for the Naira against other currencies as the value of the ...