Mumbai, India – In a move that has sent ripples through the Indian economy, the Reserve Bank of India (RBI) has announced a 25 basis point cut in the repo rate, lowering it to 6.25%. This decision, made during the Monetary Policy Committee (MPC) meeting held on February 7, 2025, marks the first reduction in … Read more
The Indian rupee is poised for further appreciation against the US dollar, driven by a wave of dollar-long position liquidations spurred by the Reserve Bank of India’s (RBI) recent interventions in the foreign exchange market. This shift in market dynamics marks a potential turning point for the rupee, which has faced significant headwinds in recent … Read more
भारतीय रिजर्व बैंक (RBI) ने UPI Lite लेनदेन के नियमों में महत्वपूर्ण बदलाव किए हैं, जिसका उद्देश्य इस सुविधाजनक और सुरक्षित भुगतान प्रणाली को और अधिक बढ़ावा देना है। इन परिवर्तनों में प्रति लेनदेन सीमा और कुल वॉलेट सीमा में वृद्धि शामिल है, जिससे कम मूल्य वाले ऑफ़लाइन लेनदेन के लिए UPI Lite और अधिक … Read more
The Reserve Bank of India (RBI) is set to unveil its bi-monthly monetary policy decision on December 6, 2024. Market analysts and economists are keenly awaiting the outcome, with a particular focus on the potential for a reduction in the repo rate and the cash reserve ratio (CRR). Nomura’s Prediction: A Double Cut? Global investment … Read more