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Soft inflation, emerging slack led to rate cut in December

mumbai, Dec. 20 -- India's monetary policy committee decided to lower the repo rate by 25 basis points (bps) in December on the back of benign inflation and emerging signs of weakness, even as the gro... Read More


Soft inflation, emerging slack led to Dec rate cut

mumbai, Dec. 20 -- India's monetary policy committee decided to lower the repo rate by 25 basis points (bps) in December on the back of benign inflation and emerging signs of weakness, even as the gro... Read More


RBI Governor voted for rate cut on back of benign inflation, to support growth: MPC minutes show

MUMBAI, Dec. 19 -- Reserve Bank of India (RBI) Governor Sanjay Malhotra voted for a 25-bps rate cut in December on the back of a benign inflation outlook and to support growth, according to the minute... Read More


Axis Bank's Neelkanth Mishra rules out more rate cuts

MUMBAI, Dec. 16 -- The Reserve Bank of India (RBI) is unlikely to cut interest rates further in the current cycle as rising headline inflation limits space for monetary easing, Neelkanth Mishra, chief... Read More


India needs more credit to become a developed nation by 2047

Mumbai, Dec. 15 -- India needs to extend the reach of credit in the economy for it to become a developed nation in a little over two decades, even as companies increasingly move away from traditional ... Read More


Citi India now 'better off' after retail unit sale, pivot to focus on corporate banking: Balasubramanian

New Delhi, Dec. 11 -- Citi India is banking on a large pipeline of equity listings, surging deals through cross-border mergers and acquisitions and providing financing solutions to corporate customers... Read More


RBI Policy: MPC cuts repo rate by 25 bps to 5.25%

New Delhi, Dec. 5 -- The Reserve Bank of India on Friday reduced the key interest rate by 25 basis points to 5.25% after inflation eased to a record low. The central bank also maintained its 'neutral... Read More


RBI scraps old lending curbs, downplays risk to corporate bond volumes

New Delhi, Dec. 4 -- The Reserve Bank of India (RBI) on Thursday repealed guidelines issued almost a decade ago that were meant to curb concentration risks in banks and push large borrowers to borrow ... Read More


India's growth numbers surprise but not worry economists

Mumbai, Dec. 1 -- India's economic growth numbers have undoubtedly surprised economists and analysts, but not enough to trigger doubts about the quality of the data. Among the reasons why it appears ... Read More


India's growth numbers surprise, but do not worry economists

Mumbai, Dec. 1 -- India's economic growth numbers have undoubtedly surprised economists and analysts, but not enough to trigger doubts about the quality of the data. Among the reasons why it appears ... Read More