Analysis-India's New Cenbank Chief Joins Modi's Effort to Regain Lost Growth
His decision to cut the key rate for the first time in nearly five years followed the Modi government's announcement of the ...
RBI boss Sanjay Malhotra joins PM Modi's effort to regain lost growth
India's new central bank governor Sanjay Malhotra is expected to support economic growth amidst the slowdown. He cut interest ...
How FD Investors Can Maximize Returns After RBI’s Repo Rate Cut
Recently, the Reserve Bank of India (RBI) has reduced the repo rate by 25 basis points to 6.25 per cent from 6.50 per cent, ...
RBI to inject Rs 2.5 lakh crore to increase liquidity for banks
The Reserve Bank of India (RBI) was all set to inject Rs 2,50,000 crore through its Variable Rate Repo (VRR) auction on ...
Bank holiday today: Are banks open or closed today on February 12 2025 for Guru Ravi Das Jayanti?
Banks will remain closed on today February 12, 2025 in select state, due to Guru Ravidas Jayanti. Customers are advised to check with their banks for region-specific holidays as online services will ...
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RBI Offers Record ₹2.5 Trillion Liquidity Infusion After Aggressive FX Intervention
India's central bank hiked the quantum of funds that it intended to inject into the banking system through an overnight infusion on Wednesday, after aggressively intervening in the foreign exchange ...