RBI RATE CUT

RBI Maintains Rate Cuts Amid Dipping Inflation and Growth Concerns: Reports

The Reserve Bank of India (RBI) is expected to continue reducing the repo rate as economic growth faces potential headwinds and inflation is likely to fall in the central bank's target range, according to a report by HDFC Mutual Fund. The report highlighted that global growth momentum is at risk...

Big Relief for Small Loans: RBI Restricts Excessive Fees on Priority Sector Loans Up to ₹50,000

The Reserve Bank of India (RBI) has made it clear that banks cannot impose excessive charges, particularly on smaller loan amounts under the priority sector lending (PSL) category. The central bank stated that no loan-related and ad hoc service charges or inspection charges shall be levied on priority sector loans...

RBI Monetary Policy Meeting: Date, Time, When & Where To Watch

The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) meeting is set to take place from February 5 to February 7, 2025. On Thursday, February 7th, RBI Governor Sanjay Malhotra will announce the outcomes of the committee’s deliberations. There is widespread anticipation and speculation about a potential interest rate...