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External spillovers could dampen India's growth outlook, says RBI governor Sanjay Malhotra

Mumbai, June 30 -- Despite India's strong domestic drivers and fundamentals, spillovers from external challenges and weather-related events could impact growth, said Sanjay Malhotra, governor of the R... Read More


Current account swings to Q4 surplus, may slip again: RBI

mumbai, June 28 -- After three deficit quarters, India reported a current account surplus for January-March, but is expected to slip back into a deficit in the ongoing first financial quarter of 2025-... Read More


Current account swings to Q4 surplus, may slip again

mumbai, June 28 -- After three deficit quarters, India reported a current account surplus for January-March, but is expected to slip back into a deficit in the ongoing first financial quarter of 2025-... Read More


India records current account surplus in Q4, net services receipts increase

Mumbai, June 27 -- India's current account recorded a surplus of 1.3% of gross domestic product (GDP) in Q4 of FY25 compared with a deficit of 1.1% in the previous quarter, data released by the Reserv... Read More


India scores a current account surplus in Q4, but may return to a deficit in Q1

Mumbai, June 27 -- After three deficit quarters, India reported a current account surplus for the January-March period, but is expected to slip back into a deficit in the ongoing first financial quart... Read More


Standard Chartered Bank scouting for partners for green loans to small businesses

Mumbai, June 23 -- Standard Chartered Bank is scouting for partners to explore green lending to small businesses in India, having started a similar pilot project in Singapore, a senior official said. ... Read More


RBI says jumbo rate cut a signal to bolster growth

Mumbai, June 21 -- Members of the Reserve Bank of India's Monetary Policy Committee decided in favour of an unexpected 50-basis point (bps) rate cut at their meeting earlier in June to prop up economi... Read More


What RBI's monetary policy committee debated on ahead of its 50-bps rate cut

Mumbai, June 20 -- Members of the Reserve Bank of India's Monetary Policy Committee decided in favour of an unexpected 50-basis point (bps) rate cut at their meeting earlier in June to prop up economi... Read More


RBI's Monetary Policy Committee banks on 50-bps cut to stimulate growth

New Delhi, June 20 -- Members of the Reserve Bank of India's Monetary Policy Committee voted 5-1 in favour of an unexpected 50-basis point (bps) rate cut at their meeting earlier in June to prop up ec... Read More


RBI's Monetary Policy Committee voted 5-1 to cut repo rate by 50 basis points

New Delhi, June 20 -- Members of the Reserve Bank of India's Monetary Policy Committee voted 5-1 in favour of an unexpected 50-basis point (bps) rate cut at their meeting earlier in June to prop up ec... Read More