Domestic benchmark equity indices turned volatile in afternoon trade Thursday after the RBI cut repo by 0.25 per cent for the second time in a row, but kept the policy stance at 'neutral' amid uncertainty over monsoon.
The Reserve Bank of India (RBI) on Thursday cut repo rate for the second consecutive time this year to 6 per cent from the current 6.25 per cent, a move that will cheer industry leaders over relief from high borrowing costs a week before the first ph
Reserve Bank of India Governor Shaktikanta Das Monday met Finance Minister Arun Jaitely, and is believed to have discussed the current economic situation, ahead of the first bi-monthly monetary policy for 2019-20.
The Reserve Bank of India (RBI) will set up a regulatory sandbox to benefit financial technology (Fin-Tech) companies by way of reduced time to launch innovative products at a lower cost, Governor Shaktikanta Das said on Monday.
The Reserve Bank of India (RBI) reduced repo rate by 25 basis points to 6.25 per cent on Thursday, in a bid to boost lending and fuel growth before the general elections due in April.
BSE benchmark Sensex jumped over 150 points in early trade Thursday on sustained buying by domestic and foreign institutional investors, ahead of RBI's policy outcome later in the day.