RBI Governor Sanjay Malhotra indicated the potential for a repo rate cut during the upcoming December monetary policy review, citing favorable macroeconomic indicators and declining inflation. In an interview, he confirmed that the Monetary Policy Committee (MPC) had previously acknowledged the possibility of a rate cut, with recent data not diminishing this prospect. He emphasized […]
The Finance Ministry is set to hold a review meeting with public sector banks to assess the impact of the US 50% tariff hike on the micro, small, and medium enterprises (MSME) sector and assess their credit requirements. The meeting, chaired by Department of Financial Services Secretary M Nagaraju, aims to understand how external trade […]
RBI 50 basis points cut in the repo rate from 6 per cent to 5.5 per cent RBI Governor Sanjay Malhotra on Friday announced a jumbo 50 basis points cut in the repo rate from 6 per cent to 5.5 per cent to spur growth in the economy, as inflation has come down below the […]
