by AIP Online Bureau | Feb 7, 2025 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy, Regulation
Sanjay Malhotra,Governor,Reserve Bank of India The Monetary Policy Committee (MPC), which consists of three RBI and three external members, favoured a rate cut to provide stimulus to the sluggish economy, which is expected to grow at its slowest pace in four years in...
by AIP Online Bureau | Feb 5, 2025 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy
The potential rate cut is coming after the domestic rate-setting panel has kept the policy repo rate unchanged for the last 11 consecutive meetings — after raising it by 250 bps between May 2022 and February 2023 New Delhi: The Reserve Bank of India (RBI), in...