June 6 (Reuters) - The Reserve Bank of India (RBI) cut its key repo rate by a larger-than-expected 50 basis points (bps) on Friday, a third consecutive reduction, and slashed the reserve ratio for ...

(Photo: REUTERS) On how this repo rate cut move would impact bank FD rates, Pankaj Mathpal of Optima Money Managers said, “The repo rate cut is going to affect FD rates negatively as banks would ...

RBI Monetary Policy: In its June monetary policy meeting, the Reserve Bank of India (RBI ... Also Read | RBI repo rate cut: How home loan EMI, and bank FD return will change?

India's central bank surprised markets with a jumbo rate cut, seizing on cooling inflation to frontload monetary easing and bolster economic growth amid heightened global uncertainty. The Reserve ...

The Reserve Bank of India has significantly reduced ... it spells concern for fixed deposit (FD) investors. As banks begin to transmit the repo rate cut, FD interest rates are likely to decline ...

India's central bank delivered an outsized cut to its benchmark policy rate, bringing it to 5.5% from 6%, its lowest level since August 2022. This also marks a third straight rate cut since ...

India has made key strides in the last decade in reducing its extreme poverty rate, which fell to 5.3 per cent in 2022-23 from 27.1 per cent in 2011-12, latest World Bank data has revealed.

India has managed to reduce its 'extreme poverty rate' from 27.1% in 2011-12 to 5.3% in 2022-23, data by the World Bank said, indicating that India's economic trajectory has seen a transformative ...

India's central bank delivered a larger-than-expected rate cut, as sound economic conditions at home and tariff risks abroad make a case for more policy easing. The Reserve Bank of India's ...

The Reserve Bank of India lowered its key repo rate by 50 basis points to 5.5 per cent. Most analysts had expected a 25-point cut. It is the third reduction in a row since February. Shubhada Rao ...

Mumbai (AFP) – 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 ...