RBI cuts banks' cash reserve ratio; keeps policy rates steady Cuts FY25 GDP growth forecast to 6.6% from 7.2% FY25 retail inflation now seen at 4.8% vs 4.5% earlier Higher rate ceiling on foreign ...

India's central bank cut interest rates more than expected on Friday, citing muted inflation and a need to kickstart economic growth as the impact of US tariffs weighed on the country's outlook ...

The Reserve Bank of India (RBI) is seeking to expand its cross-border payments platform — which will allow instant settlements — by adding new trading partners in Asia and the Middle East.